Federal-state lawsuit accuses debt collection agency of ‘overbiffing’

The New York State Attorney General’s Office has begun a joint lawsuit with the Federal Trade Commission against a Buffalo Debt Collection agency owner, alleging he used false information to coerce New Yorkers out of money they didn’t owe.

Authorities have frozen the assets of, and issued a restraining order against, a debt collection agency run under six different names by Robert Heidenreich, accusing him of “overbiffing” – the practice of trying to collect more than owed.

https://ift.tt/2qPvlJM

from Qwest Credit Enhancement Blog https://ift.tt/2FxGuc2
via IFTTT

from Qwest Credit Enhancement Blog https://ift.tt/2z93gkU
via IFTTT

Credit Score Sick

from Qwest Credit Enhancement Blog https://ift.tt/2RN6f9E
via IFTTT

New Credit Score System Might Make It Easier to Get A Mortgage

For millions of Americans, it might soon be easier to get a mortgage loan — or any type of loan, for that matter — especially if they fall in the 500 to 600 FICO score range or have little to no credit history at all.

https://ift.tt/2yGkpCv

 

 

 

 

from Qwest Credit Enhancement Blog https://ift.tt/2DtH8pp
via IFTTT

#qwestreview

from Qwest Credit Enhancement Blog https://ift.tt/2zAQtr5
via IFTTT

#learncredit

from Qwest Credit Enhancement Blog https://ift.tt/2QjX7sF
via IFTTT

New FICO system could lift credit scores by including checking and savings history

You may soon earn a higher credit score if you balance your checkbook responsibly.

FICO, the developer of the most widely used credit score, is rolling out a new score next year that considers how you manage your checking, savings and money market accounts in addition to how you pay back your credit cards and loans.

This additional information could help boost the credit scores of some of the 79 million Americans who have poor credit histories, along with the 53 million who have no credit score at all under the traditional FICO model. That, in turn, could help them qualify for a credit card or loan.

https://ift.tt/2SxuVnM

 

 

 

from Qwest Credit Enhancement Blog https://ift.tt/2zlELR1
via IFTTT