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Judge Denies Defendant’s Motion to Dismiss in FCRA Case While Also Issuing Warning to Defense Attorney

Account Recovery

The plaintiff alleged that the defendant failed to properly investigate and correct inaccurate credit information, causing harm to the plaintiff’s creditworthiness and financial reputation.

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12 Ways to Improve Your Business Credit Score

Nexa Collect

Similar to a consumer’s credit score, a business’s credit score represents its creditworthiness. Don’t ignore liens and judgments against your company. A judgment tells a potential investor that not only your business can’t fulfill its obligations but it took no steps to prevent the deterioration of the business relationship.

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How to Check Your Credit Report for Identity theft

Credit Corp

Negative public records can substantially impact your creditworthiness. Tip: Liens and civil court judgments used to appear on credit reports, but credit bureaus no longer collect information about those types of public records. Warning Sign 6: Public Records You Don’t Recognize.

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Stay on Top of Your Credit Reports with Track It from ExtraCredit

Credit Corp

Bankruptcies are shown, but judgments and tax liens are no longer listed. Monitoring your credit report and your credit score can help you understand your creditworthiness. Unpack Your Scores. Track It doesn’t just show you all three credit reports—it includes a credit factor report card, too. Why Track Your Credit Score?

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Dealing with Debt Collectors

Debt Free Colorado

Threatening to destroy or ruin a customer’s reputation by publicly disclosing their creditworthiness. Communicating with a consumer’s employer about a credit matter unless the creditor is a judgment creditor (in other words, a creditor that has a judgment, like A wage garnishment order, against you).

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The Growth Potential of the Debt Collection Industry: An In-Depth Analysis

Collection Industry News

Analyzing vast amounts of data allows agencies to identify trends, assess debtor creditworthiness, and predict repayment probabilities. Claims that are being forwarded are more collectible or they are ending up as a judgment. Columbia Law List has already seen a sharp increase in activity to its law firm members.

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7th Cir. Holds FDCPA Consumer’s Confusion And Hiring Attorney Not Enough For Article III Standing

Collection Industry News

Court of Appeals for the Seventh Circuit recently vacated judgment in favor of a debt collector against putative class action claims raised by a consumer that its collection letter violated the federal Fair Debt Collection Practices Act (FDCPA) by threatening action that could not legally be taken and amounting to a false representation.