Obtaining New Social Security Number in Order to Repair Credit

Negative remarks on your credit report can stick around on your credit report for a significant period of time. This had lead some people to attempt changing their Social Security Number as a potential work around for bad credit. Believing you can start with a new bill of clean credit by changing your Social Security …

Consumer Financial Protection Bureau Shuts Down California Company for Deceptive Practices

Consumer Financial Protection Bureau (CFPB) is the agency responsible for policing the actions of those in the credit industry. An investigation by the CFPB may be into the actions of a creditor who has not fulfilled their obligations to report a debt correctly to the consumer reporting agencies. Just as like a scenario would be …

A Supreme Court Case Regarding Definition of “Debt Collectors” Under the FDCPA

Henson v Santander Consumer USA, Inc. 582 U.S. ___ (2017) The Fair Debt Collection Practices Act (FDCPA) defines a debt collector as “any person who uses an instrumentality of interstate commerce or the mails in any business the principle purpose of which is the collection of any debts, or who regularly collects or attempts to …

Best Car Loan

Best car loan interest rates are offered to consumers with the highest credit scores. While this is common knowledge, there are several things a consumer can do to ensure they get the best value despite the interest rate on their car loan. Checking their credit score before shopping for a car, attempting to prequalify for …