Total Bankruptcy         Orchard Bank Mastercard         creditreport.com

Creditinfocenter Blog header image 4

Entries from May 15th, 2008

Sallie Mae Makes Huge Blunder on Student Loan Reporting – Credit Scores Plunge

May 15th, 2008 · 6 Comments · Consumer Debt, Student Loans

This post was made on our discussion boards last week by one of our mods, Amerikaner: “I get an E-mail from Equifax Score Watch. There has been a change to an existing account, and my score has entered a new score band. I’m sitting at 665, so I think one of my CCS has reported [...]

[Read more →]

Tags: ···

I love it when Collection Agencies hire crappy lawyers

May 15th, 2008 · 3 Comments · Credit Counselor Front Lines, I'm being sued!

A client of mine was sued, and did the proper thing, answered the complaint immediately. Well, now the lawyers for a major Junk Debt Buyer in the Collection Industry whom I’ll just call JDB Collections for this post. I even recognized the law firm representing JBD Collections, who handles most of their cases. Well, whatever [...]

[Read more →]

Tags: ····

Auto shoppers beware!

May 14th, 2008 · 1 Comment · Consumer Debt

Auto shoppers beware! This woman went at looked at cars at the VW Porsche Dealership in Corpus Christi with her son and the dealership used her credit to apply to numerous loans without her permission. Apparently, VW is pulling out of this dealership as a result of this video on You Tube. You go girl!

[Read more →]

Tags: ····

Class action lawsuit settled against First Premier by NY Attorney General

May 14th, 2008 · 7 Comments · Credit Cards

Think the “stimulus package” checks are sweet? One board member just got a check for $750 from a class action lawsuit filed against First Premiere Bank, a sub-prime credit card company. Link to Discussion. Usually checks from class action lawsuits net you around $30 – sometimes not worth the paperwork you have to fill out [...]

[Read more →]

Tags: ····