Category Archives: co-sign for loan

Collection Agency Makes Threats To Arrest Debtor…But Can They Really Do That?

An inside source at a collection agency made me aware of this happening years ago, but know we have the audio to prove it. There are some and I quote “SOME” collection agencies that are pretending to be FBI, Local Law Enforcement or some type of court authority in an attempt to collect outstanding debts.…

Continue Reading →

What You’ll Need For a Mortgage Loan Approval

If you are looking to buy a house you’ll need to get your credit in order.  The number one reason why…because you’ll want to qualify for the lowest interest rate possible. The difference in your mortgage payment can be hundred’s or even thousand’s depending upon the size of house you want to purchase. Here are…

Continue Reading →

Do you have a “True” credit score or a “Pre-determined” score?

I was shocked to read this report provided by the CFPB’s Consumer Credit Panel.  There is a lot of information but one caught me by surprise.  Did you know that our scores could be pre-determined by creditor scoring models. Here’s an example:  You are a single mom, that works 1 low wage job with 2…

Continue Reading →

Two Major Credit Reporting Agencies Have Been Lying to Consumers (Must Pay $23 Million Dollar Fine)

A CFPB investigation concluded that Transunion and Equifax deceived Americans about the reports they provided and the fees they charged. Mike Stewart / AP Like ​The Atlantic? Subscribe to ​the Daily​, our free weekday email newsletter. In personal finance, practically everything can turn on one’s credit score. It’s both an indicator of one’s financial past,…

Continue Reading →

IRS to Delay Tax Refunds for Millions of Low-Income Families

Posted: Jan 10, 2017 4:32 PM CSTUpdated: Jan 10, 2017 4:32 PM CST WASHINGTON (AP) — The IRS is delaying tax refunds for more than 40 million low-income families as the agency steps up efforts to fight identity theft and fraud. The delays will affect families claiming the earned income tax credit and the additional child tax…

Continue Reading →

Foreclosure Scams: Don’t Get Your House Stolen

Foreclosure Scams: Don’t Get Your House Stolen You could be a prime target for foreclosure scams by Alfred Edmond, Jr.    Posted: December 19, 2016 Foreclosure scams can literally rob you of house and home, as well as ruin your credit, and destroy your finances. If you are a homeowner with fears of not being able to keep…

Continue Reading →

5 Things You Can Do To Improve Your Credit

Do you have bad credit?  Here are some things you can do to turn it around. 1. Fail to Check Your Credit Reports – If you don’t check your credit periodically, how can you tell if you are making progress? You can check your credit score and read your credit report for free within minutes…

Continue Reading →

Divorcing Your Spouse Doesn’t Mean You’ve Divorced Your Financial Ties…

This is one of the most misunderstood credit issue’s that come across my desk over and over again.  I get calls about it, I get emails, I get text you get the point. My clients and potential clients are asking “Why are the debt collectors coming after me for debts the judge said my spouse…

Continue Reading →

Your Zip Code May Determine Your Wealth?

Unless you’ve been living under a rock, which some people have been for some reason.  There have been numerous news reports stating that your zip code can determine your “Health”. Well part 2 of the story is your zip code can also determine you “Wealth”!  I’ve talked about this for years and some people have…

Continue Reading →

New Congress Set To Make Credit Repair Harder

With the election of President Elect Donald Trump we will see some direct changes to the credit repair industry. Over the years we’ve seen credit reporting agencies try to make it harder for consumers to repair their credit.  Here are some of the direct changes that I see coming after the new year. The proof…

Continue Reading →