Fair Credit News

5 Credit Myths exposed

Those “a-ha!” moments. Key takeaways. Life lessons. Whatever you may call them, everyone has them at some point, where we look back and say, “I wish I would have known that sooner! Why didn’t someone tell me?” It often seems like credit and finances are a part of life where realizations come about that way.... Read More »

Student Loan Repayment Scams

Student loan repayment scams and how to avoid getting ripped off. Millions of American college graduates are struggling to repay and pay off their student loans and many more are desperate to find a way to lower their monthly student loan payments. Con artists and scammers know this and so they have created thousands of... Read More »

Orlando debt collection company in big legal trouble

Attorney General Pam Bondi has frozen the assets of an Orlando debt collection company whose employees are accused of posing as cops and government agents to collect debt. Investigators said the company has been preying on customers by collecting debts they weren’t authorized to take and a warrant was served Friday morning at the business... Read More »

Debt collection horror stories

Debt collectors are getting nailed for threatening and deceiving consumers. Debt collector horror stories abound: There are threats to dig up the dead relatives of those who couldn’t pay their funeral bills, promises to imprison debtors or take their children into custody — even warnings that pets will be killed. Under the Fair Debt Collection... Read More »

3 Facts about the Fair Credit Reporting Act Every Consumer Should Know

According to the Fair Credit Reporting Act: #1 Consumers Are Entitled To A Free Copy Of Their Credit Report: If a consumer has ever been denied credit, insurance or employment within the last 60 days, it will show up on this credit report. If their application for credit, insurance or employment is denied because of... Read More »

Son sticks mom with $30,000 debt

A retired elderly woman who was generous and co signed for her adult son is now legally responsible for his debt including credit card bills that are  more then than she can afford to pay. What can she do and what are her options? QUESTION: I am a private investigator for an organization that investigates... Read More »