Have you received a collection letter or call from a bill collector for a debt you’ve never heard of before? Consumer debt is often sold by the original creditor to debt collectors or other financial agencies… sometimes the debt changes hands so many times that it is hard for a debtor to know who […]

Photo Credit: David Reber’s Hammer Photography via Compfight cc If you have received a call from an IRS agent telling you that you are entitled to a big refund or that you owe money that must be paid back immediately, you likely have been the target of a scammer! The IRS warns consumers to on […]

Everyone knows that credit score affects one’s ability to purchase a home. Higher credit scores mean lower mortgage interest rates. Many consumers have low credit scores as a result of unpaid medical expenses. These derogatory entries on a consumer’s credit report can affect a credit report, undesirably, by 100 points or more.   The current FICO model fails […]