home loan finance blog

Collection accounts can remain on your credit report for 7 years from the date of the initial missed payment that led to the collection (the original delinquency date). If you haven’t paid your collection account yet, negotiate with the collection agency. Let them know that you plan to pay them …

Use Debt Validation To Protect Yourself. Why is this imperative? Because ironically, the majority of the time the collection agency CAN’T properly validate the debt, especially if its old. They have a hard time producing the proper legal documents to legitimize that you actually owe a debt. Many times these …

Are you surprised regarding the conditions applied in credit reports? Credit score is one term you are required to comprehend in this area. In assessing your economic condition, everything rests solely on the number you have. A few ways you can improve your scores include taking a class in financial …