Credit Facts, News and Information

For example, in California the Statute of Limitations on collecting debt is 4 years. So after 4 years, can the collection agency continue to post negative entries in your credit report?

A large, financially successful company is not paying its bills on time. One invoice is over 60 days old for $10,000, and another is over 30 days old for another $10,000. The large company has been unresponsive to our requests for payment status. How do I report them to a credit reporting agency?

Can a collection agency hit your credit report before notifying you in writing? This stupid collection agency negatively hit my credit report without even sending me anything! I had to call them and have THEM send the stuff out! Is this right? How can they just hit your credit report without giving you the opportunity [...]

I know that i can get my free credit report once a year, but there are like 3 reporting agencies to chose from. Which of those agencies is most accurate, and gives out the most info? I want one, to show all the negatives thing i might have in order for me to fix them, [...]

The Jackson Citizen Patriot – MLive.com Agency helps couple escape grip of $92000 in credit card debtThe Jackson Citizen Patriot – MLive.comThe Community Action Agency offers budget and credit counseling to anyone in Jackson, Lenawee and Hillsdale counties. Clients learn about making wise spending choices, credit repair and sticking to realistic financial goals. … View [...]

S&P lowers Minnesota credit score; third agency this yearDuluth News TribunePAUL — The country's third major credit-ratings agency has downgraded Minnesota's bond rating, meaning that borrowing money for new construction and repair projects likely will cost more. Minnesota Management and Budget on Friday announced Standard …and more » View full post on credit repair – Google [...]