What are my Credit Rights?

Knowing your credit rights as a credit card holder will be your guide and protection against unlawful practices that may be committed by creditors and debt collectors. The Fair Credit Reporting Act (FCRA) has made distinct stipulations ... details or inaccurate information on your credit report. Notify a Consumer Reporting Agency [more...]

Date: 2008-12-22 06:55:21

Blog posts (10) | Videos (8)
 

Review of Lexington Law Firm

by John Cooper Lexington Law is a credit repair firm that is headquartered out of Salt Lake, Utah ... ? Yes, this is legal and credit repair is your responsibility. The Fair Credit Reporting Act gives ... . There are over 400 employees and 22 credit attorneys. Their business started in 1991 [more...]

Date: 2009-01-15 00:09:02

Repossessed Car Owners Shocked After Being Sued By Car Lenders

The latest in reality shows is Operation Repo, a team of “highly paid professionals” in the San Fernando Valley of California who repossess ... $2000. According to the Fair Credit Reporting Act, an auto loan deficiency debt can remain ... a creditor has to take someone to court to enforce a bad debt. Creditors in Rhode Island have ten years [more...]

Date: 2008-12-29 15:51:27

Common Credit Questions: Should You Send a Debt Validation Letter on an Attorney's Letterhead?

No. Actually, a debt collector may overreact to a DV letter sent from an attorney. You do not want the collection agency/creditor paying too much attention to your dispute. You want them to ignore it so it goes away. The Fair Credit Reporting Act (FCRA) expects that the consumer [more...]

Date: 2008-12-26 19:14:00

Time to reform the Consumer Credit Act?

Iain Dale has posted about a report that has been released by Grant Shapps called "Payday for Loan Sharks" ... it's worth taking a step back here for a second and clarifying something, these people are not loan sharks. Loan sharks break your legs when you don't pay. These people are bastards, absolute bastards [more...]

Date: 2009-01-09 09:48:38

Satuday, June 21, 2008 UNDISCOVER DISCOVER CARD Since DISCOVER CARD has decided to plant an unauthorized ad on this blog, ... their services. Report: Discover Card Category: Credit & Debt Services Discover Card ripoff Salt Lake City ... in existence. Discover Card is notorious for skirting, when ever possible, the Fair Credit Act. In fact, [more...]

Date: 2008-06-20 22:47:36

Assessing Your Debt Situation

If your debt problems are behind you and you’re only concerned with cleaning up your credit report, skip ahead to Chapter 4, ... hassled by a collection agency, see Chapter 3, Section D. If you face an emergency, act on it at once ... into rebuilding your credit, take care of any financial emergencies. Then you should tally up your debt [more...]

Date: 2009-01-13 04:45:55

A Lot Of Action In Advance Of CARD

Anyone who has a credit card knows by now that card issuers are clamoring to enact new rules before the CARD act becomes effective in February. Congress Wants To Head Them Off At The Pass Now comes word that some of the original proponents of the CARD act want to amend it to take effect even sooner.   The Wall Street Journal reports , that Representatives Barney Frank and Carolyn Maloney will propose a bill that would move up the implementation date by two months to December 1st from February 1st. [more...]

Date: 2009-09-25 00:00:33

US and China Look at Accelerated Retirement of Inefficient Cars

The Accelerated Retirement of Inefficient Vehicles Retirement Act of 2009 (ARIVA)—also called the “Cash for Clunkers” program—would reimburse drivers with a credit of up to $4,500 for scrapping vehicles with a when-new fuel economy rating of less than 18 mpg US as reported [more...]

Date: 2009-01-14 20:08:43

The Black Hole Gets Bigger: AIG Back for Yet Another Bailout

The Financial Times reports that AIG is up to its old tricks, back again to the trough for more money. Christmas The Iceland credit default swaps settlement is coming soon, you know. The worst is that AIG is pretending to act as if this is a negotiation as opposed to extortion. Get a load [more...]

Date: 2008-11-08 08:28:01

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