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Credit Traps to Avoid After Bankruptcy

Bankruptcy can be not only financially devastating to your credit, but cause great emotional damage as well. Fortunately, over time, both can improve. In the meantime, if you have gone through a...

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Credit Reporting Traps – Foreclosure/Short sale

Do you know the difference between a foreclosure and a short sale? Your credit report does not. In fact, there is no code for “short sale” in “credit speak.” The credit reporting agencies will either...

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Breaking News – Michigan Consumer Credit Lawyers obtain Finding against Xerox...

Michigan Consumer Credit Lawyers (“MCCL”) obtained a ruling against Xerox Educational Services in the case of Scharf v Xerox Education Services, (Docket no 5:14-cv-14322 USDC – Michigan) that it had...

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A single charge off is now multiple charge offs and they are killing your...

The credit reporting agencies and lenders, in the last few years, have picked up a new trick designed to hurt you.  They are turning single charge offs into multiple charge offs.  They take a singular...

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