The Consumer Financial Protection Bureau has reported that the federal government has implemented new security clearance guidelines that make it more important than ever for service members to monitor their credit reports. The Department of Defense will now “continuously” monitor […]
Uncategorized
July 26, 2018
What Does Charge Off Mean
Did you ever wonder if you still owe a debt when you see “charge off” on an account balance listed on your credit report? Here is Experian’s explanation of what charge off means: https://www.experian.com/blogs/ask-experian/what-does-charge-off-mean/
Uncategorized
February 28, 2018
Obtaining a Free Copy of Your Credit Report
You are entitled to a free copy of your credit report from Equifax, Experian and Trans Union (each) online once every 12 months. Go to www.annualcreditreport.com and follow the prompts to request your free credit report from Equifax, Experian and Trans Union. […]
Law
February 27, 2018
Judgments On Your Credit Report
A judgment is a public record appearing on credit reports that has been a major roadblock to individuals being approved for credit, mortgages, insurance coverage and even jobs. Did you know that as of last July, Equifax, Trans Union and […]
Advice
February 25, 2018
Tips For Increasing Mortgage Approval
Tips for increasing your chances of getting mortgage approval ●Check your credit. Check for errors on your credit report long before you apply for a loan to give yourself time to fix mistakes and improve your credit profile. ●Do research […]
Uncategorized
December 13, 2017
Consumer Protections Reduced
The U.S. House Committed Voted to reduce credit bureau consumer protections. Read on… https://www.huffingtonpost.com/entry/after-the-equifax-data-breach-why-did-a-us-house_us_5a317318e4b04bd8793e96a7
Uncategorized
November 20, 2017
Millions Of Errors Riddle Credit Reports Every Year
This article discusses that consumer credit reports continue to be riddled with tens of million errors annually. https://www.commerce.senate.gov/public/index.cfm/pressreleases?ID=F9A0E879-083B-4F46-AC1C-0BC0AF1F4290 Pine Street Legal will assist you in disputing credit report errors and if the errors continue, Pine Street Legal will get you […]
Uncategorized
October 26, 2017
Steps To Protect Your Identity
File your taxes as soon as possible. Ask your doctors’ offices for copies of your medical files. Go paperless. Dedicate one computer or prepaid cellphone for all your online financial activity. Open a My Social Securityaccount with the Social Security […]
Uncategorized
September 30, 2017
Ways To Improve Your Credit Score
Pay on time. Limit how much available credit you use to 30% per card, 10 % across all cards. Avoid opening store cards since that will lower the average age of your accounts. Keep old cards active, since the length […]
Law
September 27, 2017
What Debt Collectors Are Not Allowed To Do
Debt Collection Harassment is illegal. The Fair Debt Collection Practices Act says debt collectors can’t harass, oppress, or abuse you or anyone else they contact. This means they can’t: § Make repeated phone calls that are intended to annoy, abuse, […]