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 […]