Never allow a collection agency fool you into believing paying a debt in collections will improve or increase your credit scores. It will not. Request a full deletion when paying debt to a collection agency. Paid collection entries on your credit … [Read more...]
Debt collectors pull credit reports to see what other debts you owe which gives them a good deal of information about you but they can also review your current and past work history over several years. Have you ever heard of the Work … [Read more...]
It seems the fleecing of consumers never ends. If consumers did not have enough to worry about, there is a growing trend of debt collectors calling about fake debt. These fake debt collectors use tactics that are absolutely in violation of the Fair … [Read more...]
International Arbitration Services and Hearshe Kemp LLC must shut down as a result of deceptive practices. On February 25, 2013, New York Attorney General Eric T. Schneiderman announced his office has fined and forced the shut-down of the two … [Read more...]
In September of 2011, the U.S. District Court ordered debt collector Rumson, Bolling & Associates to stop deceiving clients and abusing consumers at the Federal Trade Commission’s (FTC) request. The operation was halted due to allegations … [Read more...]
The U.S. Federal Trade Commission shut down a Texas-based debt collector, Goldman Schwartz as part of an ongoing crackdown on abusive debt collectors on January 31, 2013. Goldman Schwartz violated the Fair Debt Collection Practices Act by allegedly … [Read more...]
You may decide it is better for your credit score and credit report to just get rid of a collection account by paying in exchange for a deletion. This type of transaction can be a good fit for consumers who have negotiated a lower settlement … [Read more...]
Factual disputes are always better than disputing “account not mine”, especially if the account is really yours. Examine the tradeline closely, there is no doubt you can find a factual error or two, or three. To find factual errors go through … [Read more...]
The debt buying industry is not going anywhere anytime soon. You may not even have any outstanding debt; yet a debt collector will purchase an outdated debt, sometimes 15 to 20 years old and pursue you for payment. Many debt collectors will engage … [Read more...]
Question. I have a few questions about deletions. If I contact a collection agency and offer to pay in exchange for a full deletion and they refuse to delete the file will that change the date for it to drop off since I made contact with … [Read more...]
