The name is frightening. As it should be. The practice of trying to collect on Zombie Mortgages can be just as frightening. So, what is a Zombie Mortgage or a Zombie debt? Well, it’s debt that is past the statute of limitations and cannot be used as weapon to bring a consumer to court to […]
Tag Archives: CFPB
15
Feb
Feb
has almost been a full year since we heard the phrase “Two weeks to slow the flatten the curve” and the effects of the current pandemic had reached everyones lives in one way or another. For many Americans, this past year has tested the metal of their financial practices; providing questions without answer to their […]
Here at Credit Law Center, we believe in being a team of individuals who are all working for the higher cause and greater good of the company. Our focus and efforts have paid off, and we are honored to rank number 1,578 on the Inc. 5000 Fastest-Growing Private Companies in America. Over the last three […]
24
Aug
Aug
Carrying outstanding debt is stressful enough, but when you add aggressive debt collectors to the equation, it can be a bit overwhelming. Have you ever sat back and wondered if what they are doing is legal? Debt collectors do have limits, and they are required by law to follow certain guidelines. Debt collectors must […]
27
Jul
Jul
Establishing good credit in this day and age plays a significant role in becoming financially secure. However, there are still 26 million Americans that are still “credit invisible” under the traditional FICO scoring model.If you are one of the 26 million Americans that are “credit invisible” you may already know the challenges that this credit […]
12
May
May
With social media so present in our lives now we see the amount of GoFundMe pages for medical bills, it is validating the statistics. According to a recent report, by the CFPB 43 million Americans have overdue medical debt on their credit reports. Approximately 2 million Americans are affected annually by medical debt and remains the leading […]
10
May
May
From the day we bring home our children from the hospital all we want to be the best at guiding them and teaching them. It’s a no brainer we will be the one teaching them to tie their shoes, brush their teeth, and most of us will be that one parent waiting up for them […]