by Joe Chavarria | Sep 14, 2021 | Finances, Uncategorized
The answer is yes! Your credit score plays a crucial role in your mortgage loan application. A difference of 100 credit score points can save or cost you thousands of dollars. Understanding your Credit Score. So, what is a credit score? It is a number (typically from...
by Joe Chavarria | Oct 1, 2020 | Uncategorized
Background to the case – Hammer VS Equifax In 2010, the plaintiff acquired a credit from Capital One and was timely about the payments made to the card every month. The three major credit reporting agencies (CRAs); Equifax, Experian and TransUnion, all reported this...
by Joe Chavarria | Oct 1, 2020 | Uncategorized
What is the statute of limitations? The statute of limitations is the length of time a debt collector can take legal action for a defaulted debt that has not been repaid. Legal action is generally the last course of action a debt collector wants to take, especially if...
by Joe Chavarria | Oct 1, 2020 | Uncategorized
What is ITT Educational Services Inc.? ITT Educational Services Inc. is a trade school related to Educational Services. They ended up setting their student loan problem with the Consumer Financial Protection Bureau (CFPB). ITT Educational Services Inc. filed for...
by Joe Chavarria | Sep 23, 2020 | Uncategorized
What is a FICO score? The Fair Isaac Corporation invented the FICO score a few decades ago, which makes it easy for lenders to gauge the risk of a possible consumer. The lender can vary from an auto dealer to mortgage. With just a quick glance to the three-digit...
by Joe Chavarria | Sep 23, 2020 | Uncategorized
In 2020, two plaintiffs tried to sue Midland and then failed in the Trichell VS Midland credit management. Midland credit management is another entity of Encore, similar to Midland funding. Background to the case The first plaintiff, John Trichell, defaulted on...
Recent Comments