Monthly Archives: October 2015

The Credit Bureaus Love Bad Credit – And Here’s Why

Not only are the Big Three credit reporting agencies making a killing selling personal information, what most don’t realize is that they’ve also got an actual financial stake in gathering as many poor credit scores as possible. Some data is more valuable than other data, which allows the credit bureaus to charge...
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The Fair Credit Billing Act (FCBA)

The Fair Credit Billing Act is a subset of the more extensive Truth in Lending Act, which essentially tells creditors how they should behave and provides the right to request broad amounts of information regarding billing and payment history. The FCBA is the foundation of the highly effect credit repair tactic called...
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Length of Credit History Accounts for 15%

“Time in the bureau” accounts for 15% of your credit score.  The older you are and the longer you have had credit accounts for, the higher the score.  This is why it is near impossible to get to an 800 score at a young age.   As you have more accounts throughout...
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Stop all Harassing Collection Phone Calls

Many consumers are constantly harassed by debt collectors.  With auto dialers, collectors can now have their computers call consumers multiple times per day.  And this can continue 7 days per week for months. It is actually very easy to stop these calls. According to the Fair Debt Collection Practices Act (FDCPA)...
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