ABC’s of Credit
What is Credit? Credit is money lent to you by a creditor on the condition that you will pay it back at a later date. The terms and conditions for receiving the credit vary by credit type and lender.The amount of credit a lender is willing to issue you is determined by a number of […]
Collections and Credit Scores
Paid vs Unpaid collections You forgot to pay a debt. Maybe you didn’t have the money at the time to take care of the debt and hoped after a while it would go away. Chances are that wasn’t the case. Now you find yourself with a collection agency calling and writing you to collect the […]
What Affects a Credit Score?
When people think about credit repair, they think about removing negative items from their credit report. While negative items on your credit report can hurt your credit score for up to 7 years or more, it is important to not only repair your credit but to rebuild and improve it as well. At United Credit […]
Collection Companies, with John Oliver
Credit Reports, with John Oliver
Know Your Rights (FCRA)
Para informacion en espanol,visite www.consumerfinance.gov/learnmore o escribe a la Consumer Financial Protection Bureau, 1700 G Street N.W., Washington, D.C. 20552. A Summary of Your Rights under the Fair Credit Reporting Act The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types […]
Fair Debt Collection Practices Act (FDCPA)
As amended by Public Law 111-203, title X, 124 Stat. 2092 (2010) As a public service, the staff of the Federal Trade Commission (FTC) has prepared the following complete text of the Fair Debt Collection Practices Act Please note that the format of the text differs in minor ways from the U.S. Code and West’s […]
8 Steps to Buying your Dream House
Buying a house is a dream for many people. There’s no definite guideline as to how you can buy a house. Things differ from one state to another. This list provides a general overview of the whole buying process. Make sure you research what different steps are applicable in your area. This guideline just aims […]