by Willita Cherie | Apr 18, 2023 | Credit
What is CROA? The Credit Repair Organizations Act or CROA is a consumer protection legislation regulating how credit repair companies advertise to you. They must be clear about their services; however, they must not exaggerate them and take advantage of you. ...
by Willita Cherie | Apr 18, 2023 | Credit
Falling into debt due to job loss, divorce, health issues, or personal bankruptcy and then being harassed by debt collectors can be a very stressful time in your life. the FDCPA was implemented to protect you from abuse while the debt is collected. Want to...
by Willita Cherie | Apr 18, 2023 | Credit
What is the FACTA? According to investopedia.com, the FACTA is a “federal law that enhances consumer protections, especially against identity theft. It is the amended law to the Federal Credit Reporting Act, aka FCRA. Want to listen to this on podcast instead?...
by Willita Cherie | Apr 18, 2023 | Credit
2008 taught us all one thing. Lenders who aren’t closely regulated can be led by greed and cause another crash. This is why the CARD Act was put into place. What is the CARD Act? According to investopedia.com, the CARD Act is a “federal law to...
by Willita Cherie | Nov 2, 2021 | Credit
Sometimes your original creditor can send your debt to a collection agency, and you aren’t even aware. I worked with a client that had never checked their credit report before. I recommended that they pull their free annual reports to examine them for errors,...
by Willita Cherie | Nov 5, 2018 | Credit
“No, I would not like to open a line of credit to save 10% on my $4.99 purchase”. I mumbled as the clerk offered me the opportunity to sign up for a store credit card before closing my transaction. I hate when they ask me that, mainly because it’s usually for small...
