How To Repair Your Credit If You File Bankruptcy

Debts are piling up. Bills are coming in. Collections agencies are phoning and sending you certified mail demanding money ... income than your past financial predicament. A bankruptcy will show up on your credit report ... to make sure that the bankruptcy discharge also shows on the credit report so creditors understand [more...]

Date: 2008-10-27 15:03:50

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How To Repair Your Credit If You File Bankruptcy

Debts are piling up. Bills are coming in. Collections agencies are phoning and sending you certified mail demanding money ... income than your past financial troubles. A bankruptcy will show up on your credit report for up to 10 ... sure that the bankruptcy discharge also shows on the credit report so creditors understand [more...]

Date: 2008-10-13 06:23:15

Bill Would Make Ratings Agencies Share Liability

A key House lawmaker wants to make credit rating agencies — which have been widely criticized for failing to give investors adequate warning of the risks in subprime mortgage securities that triggered the financial crisis — responsible for each other’s assessments by holding them collectively liable for inaccuracies.The Associated Press reported that a new draft bill by the lawmaker, Representative Paul Kanjorski, a Pennsylvania Democrat, includes a plan meant to address what critics contend is [more...]

Date: 2009-10-01 09:07:48

Need Health Insurance? Your Favorite Pharmacy May Be Standing In Your Way

I've told you before about the Medical Information Bureau and how it may come between you and health insurance. The MIB is like a credit reporting agency. It collects information... [more...]

Date: 2009-01-02 14:00:59

An Identity Theft Update

Yesterday I received another snot-gram from a collection agency. It was for a fraudulent account with Target ... reports and copies of my ID and credit reports and FTC affidavits for the rest of my freakin' life [more...]

Date: 2008-09-28 23:17:00

Best debt collection agency!!

I was the finance head for my department and I used to suffer a lot and it was a real pain when it comes to recovering money that is owned. You give out goods on credit and then they fail to pay the money back. That’s when my friend ... harder. They also provide report and status along with legal help involved in collection of debt [more...]

Date: 2009-01-16 04:13:52

Inttroduction (3)

Credit bureaus get most of their data from creditors and collection agencies ... of a credit report usually includes names you previously used, past and present addresses, Social ... Chapter 4, Section A, for more information on the contents of a credit report.) How can I get a copy [more...]

Date: 2009-01-09 04:31:36

Questions About Collections? Ask Melissa

Dear Melissa, My daughter is in the midst of a career move and has had a bill sent to a collection agency in the state she previously resided in ... can absolutely not affect your credit report in any way.  Consumer debt is not transferable ... the payment.  The agency will report to the credit bureaus that the account is paid, if applicable [more...]

Date: 2009-01-14 13:00:17

How To Deal With Bill Collectors

In today's unstable economy people are consumed with financial matters ... , the credit card company may report you to a collection agency. This debt collection company is hired ... . Initially, you'll receive calls from your credit card company informing you of your late payment [more...]

Date: 2008-12-04 01:40:51

The truth about collection accounts.

by JR Rooney The debt collection industry is a billion dollar industry. According to Rapid Recovery Solution, Inc ... the account or legal action is taken against you. Collection agencies obtain the following information to develop a strategy to collect money owed: name, address, credit report, credit application [more...]

Date: 2008-12-17 08:13:34

FTC Stops Fake 'Yellow Pages' Marketers Who Bilked Spanish-Speaking Businesses in Cross-Border Scam

At the request of the Federal Trade Commission, a U.S ... from a purported collection agency, PCM Collections, and threaten adverse credit reports and lawsuits. In many ... . According to the FTC's complaint, the defendants deceptively sell Internet business directory [more...]

Date: 2008-10-29 00:11:08

How and When to Cancel a Credit Card

Update: After feedback from readers, I’ve made some clarifications to this post ... and other agencies report your habits to credit bureaus, organizations that collect this information ... . My recommendations have not changed, but I’ve tried to emphasize the effect closing a credit card [more...]

Date: 2008-09-16 12:00:22

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