The American Banker recently published a good and informative article with an overview of problems and recent developments in the credit reporting industry. There’s nothing new in the article, but it’s a good read for talking points. I particularly liked the description of the FCRA “dispute process as a virtual merry-go-round of frustration.” The article […]

U.S Money just published a good article on Four Mistakes that can Hurt your Credit Score. I’m going to focus on just the first three, because the fourth was simply to routinely check your consumer credit reports. But if you’re not regular monitoring your credit report, chances are that you’ve already caught any of the […]

The new credit reporting overhaul and changes means the end of parking debts on credit reports. The recent settlement agreement between the New York Attorney General’s office and the three major consumer credit reporting agencies—Equifax, Experian, and Trans Union—will result in many benefits for consumers. One benefit that’s not getting much discussion is that collections that […]

Lawson at Law, PLLC can help you remove judgments on discharged debts from your credit report. A bankruptcy discharge “voids any judgment at any time obtained, to the extent that such judgment is a determination of the personal liability of the debtor with respect to any debt discharged under” the bankruptcy code. 11 U.S.C. § […]

The Kentucky Court of Appeals ruled in favor of Kentucky consumers in the recent, to-be-published case of Harrell v. Unifund CCR Partners. Harrell holds quite reasonably that a debt collector cannot assess, accrue, and collect interest on a debt for time period before it acquires the debt. The was my case. Harrell v. Unifund – […]

GLA Collection Co., Inc. is a Louisville, Kentucky based collection company that focuses on the collection of medical debt. Medical debt is one of the most common types of debt on consumer credit reports. A recent study found that “43 million Americans have overdue medical debt on their credit reports.” And medical debt is the leading causes […]

            Medical debt on consumer credit reports is huge problem in this country. As reported by the International Business Times: According to a study by the Commonwealth Fund, 22 percent of adults—approximately 41 million consumers—were contacted by a collection agency over unpaid medical bills in 2012. Another study, by Ernst & Young in 2012, found that medical […]