There is no questioning that filing for bankruptcy is something that can have all sorts of impact on your life. For instance, it’s a major life decision that might affect your employment opportunities, where you can live and might even affect your relationships with others. Quite clearly, it might be a full-on life-changing event. It …
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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 …
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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 credit repair company in Montgomery, Alabama was closed down in October of 2017 for deceptive and illegal practices. According to the Alabama Attorney General’s office Scott’s Credit Repair is closed down permanently. The owners, John and Krystal Scott, are prohibited from consumer credit repair work or consumer finance work. Additionally, they have been prohibited …
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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 …
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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 …
