A Car Dealer might use your Driver’s License to Pull your Credit Report

The below is general information only. The information is not legal advice, and should not be treated as such and is subject to the legal disclaimer. According to a Consumer Report investigation, car dealers do not have to your social security number in order to pull your credit report. Rather, they can use your driver’s license to […]

Re-aging Debt

The below is general information only. The information is not legal advice, and should not be treated as such and is subject to the legal disclaimer. When it comes to your credit report, debts are not forever. Under the FCRA, debts are removed after a certain time period. The time period differs depending on the […]

Parking Debts on Credit Reports

Junk debt collectors sometimes will “park” a debt on your credit report. This means that the debt collector will report negative information about you to credit reporting agencies but take no other action to collect the debt. The collector then sits and waits for you to discover the negative information in connection with some important […]

What is a Junk Debt Collector

Junk debt buyers are collections agencies that purchase bad debt. The debt can be anything from an overlooked medical bill to a defaulted credit card. Junk debt is often called zombie debt. In many cases, there have been previous attempts by other collection agencies to collect the same debt. Junk debt buyers purchase these debts in lots, often for pennies […]

Explaining the Difference between Hard and Soft Credit Pulls

The below is general information only. The information is not legal advice, and should not be treated as such and is subject to the legal disclaimer. This is a general article that explains the differences between hard and soft credit pulls or inquiries. The FCRA does not expressly create a distinction between “hard” and “soft” credit […]