Research

There are over 70 different credit scores commercially available and in use today. That number continues to grow and it doesn’t even count the hundreds, perhaps thousands, of credit scores that are custom developed by lenders for their own use and are never sold by the credit bureaus. All of

There is a pretty widespread myth that suggests that we all have one credit score. You often hear people say things like, “My credit score is 780 so I have good credit.” The problem is that it’s simply not true. You have hundreds of credit scores, and the vast majority

Should liability under the Fair Debt Collection Practices Act (FDCPA) lie against a creditor who submits a proof of claim past the statute of limitations in a consumer bankruptcy case? That is the question the Supreme Court declined to review recently in LVNV Funding, LLC v. Crawford. In C

CFPB Also Finds That Black and Hispanic Consumers Are More Likely to Have a Limited Credit Record Today the Consumer Financial Protection Bureau (CFPB) published a report finding that 26 million Americans are “credit invisible.” This figure indicates that one in every 10 adults do not have any credit history

Millions of consumers will now be able to receive the credit scores and credit reports that nonprofit credit counselors purchase on their behalf. Nonprofit organizations that offer credit counseling, housing counseling, and other financial counseling services buy credit reports and scores for the consumers they serve. These reports and scores

What is great being part of an association is to be privy of patterns recognized when credit strategies are implemented collectively by others consultants. Here at CCA we collect this information from insiders and consultants reaching out to us for assistant. There is a trend occurring that is dropping credit

Bureau Also Obtains a Temporary Restraining Order to Halt Illegal Operation and Freeze Assets of Operation’s Leaders WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced today that it has filed a lawsuit against the ringleaders of a robo-call phantom debt collection operation, their companies, and their service providers.

As we’ve observed for several years now, more consumers are scoring 800 or above—19.9% vs. 19.6% just six months earlier. And fewer consumers are scoring below 550. In fact, there’s been a clear pattern of decline in this segment since the low point of the economy in late 2009/early 2010.

Credit sweeps may have worked a few times in the past and for some at this time; however credit bureaus have caught on this this strategy. We never supported this approach from the beginning as reflected in our May 15th 2012 post.  Please know the facts regarding credit sweeps before implementing

At the request of the Federal Trade Commission, a federal court has halted the operations of a company that calls itself “FTC Credit Solutions.” The company allegedly used false affiliation with the Commission to market bogus credit repair services to Spanish-speaking consumers. In a complaint filed with the court,