Category Archives: Info

Attack of the robots! All cell phones at risk (maybe).
The new budget deal President Obama signed into law on November 2nd is getting a lot of press… and not in a good way. Yeah… we have a new federal budget. Yeah… we avoided another government shut down. But, there’s one little section added on to the law that allows debt collectors to robocall your cell phone if you are behind on a federal student...
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NCES Invited to Explain Key Credit Reporting Problems To Legislators In Washington, DC
George Cole, president of National Credit Educational Services, was recently invited by the Atlanta Business League to present key credit reporting problems and legislation recommendations to a group of legislators in Washington, DC. Below is a summary of his findings and legislative recommendations.  You DO have a friend in Washington! Problem #1: Credit reporting agencies change date of “most recent activity” on credit...
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Good Credit Score News for People with Medical Collections
Last Summer, FICO (the company that creates the software used to calculate credit scores), released a new update to its scoring system called FICO 9. The goal of FICO 9 was to reduce the effect past due medical debt has on a person’s credit score, especially if they have an otherwise clean credit history. Why is this a big deal? Consider these...
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