Debt Collectors Beware Big Brother Is Watching You

In helping clients with the credit repair process, we are repeatedly made aware of the intimidation factors that debt collectors and collection agencies use in order to collect on allegedly owed debts of consumers. One of the most important tools of the debt collector is the telephone. It is also one of the most abused […]

Consumer Financial Protection Bureau issues first report on credit bureaus

The Consumer Financial Protection Bureau (CFPB) released its first report on the major credit bureaus since it expanded its jurisdictional reach in July.  The major credit bureaus are Equifax, TranUnion and Experian. As expected, your credit report history is comprised mainly of credit card history and debt collection items generate the highest rate of credit […]

Help Is On The Way – New Rules For Mortgage Servicers

Looks like the governments newest agency, the Consumer Financial Protection Bureau, is getting a little more serious.  They have proposed new regulations against Mortgage Servicers, the companies who collect your payments and harrass you when they’re late. Although you may think that the company you send your monthly mortgage check to is your lender, in […]

I Don’t Care If Your Kid Died, Pay Me!!!

Be sure to LIKE us on Facebook, to get the latest updates as soon as they happen. Unfortunately, this is the mantra of many student loan providers, but the practice may soon be coming to an end. Generally, when applying for financial aid the lender will require that a parent or guardian become a guarantor, […]