Our Blog

Expert Credit Assistance in 2021

Expert Credit Assistance in 2021

Has your credit taken a hit in 2020? If the answer is yes you are not alone. Many people just like you have seen a good credit score turn bad. Yet, you don't have to leave your credit like that in 2021. There are credit experts available that can provide you with...

read more
How to Find and Fix Credit Score Errors

How to Find and Fix Credit Score Errors

Anytime you want to get a loan for a car or home, the lender will look at your credit report and score to determine your risk level. Potential employers may look at your credit score when applying for a job as well. Your credit score and credit reports are important...

read more
Restarting Statute of Limitations

Restarting Statute of Limitations

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...

read more
ITT Settles Student Loans

ITT Settles Student Loans

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...

read more
What is a FICO score?

What is a FICO score?

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...

read more
Two Plaintiffs Sue Midland and Fail

Two Plaintiffs Sue Midland and Fail

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...

read more
CFPB sues Midland: Again

CFPB sues Midland: Again

What is Encore and Midland funding? Encore Capital Group Incorporated is the 'mother-ship' of Midland funding. Encore is based out in Delaware but has business deals in San Diego, California Midland funding LLC. Most businesses register in Delaware for tax breaks. The...

read more
Questions & Answers

Questions & Answers

What makes a debt collector take legal action? It is actually a scoring process, just as the Fair Isaac Corporation (FICO) score for credit reports to assume the likelihood of a consumer being late. Back in the 80s and early 90s, FICO scoring was used to score the...

read more
Proposed FDCPA Changes

Proposed FDCPA Changes

What does the FDCPA do? FDCPA, Fair Debt Collection Practices Art was initially enacted in 1978. The basic function of FDCPA is to protect consumers from unprofessional, unethical and illegal behavior from debt collectors. It applies to third party debt collectors,...

read more