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CFPB Report Confirms Credit Reporting of Medical Debt is a Racial Justice Issue

15 Million Americans with Medical Debt on Credit Reports Disproportionately Live in the South and in Low-income Communities WASHINGTON – A study released by the Consumer Financial Protection Bureau (CFPB) yesterday shows that, despite changes by Equifax, Experian, and TransUnion to reduce the number of medical bills on credit reports, 15 million Americans still have more than […]

Medical debt on your credit report may soon disappear!

Starting this summer, Medical Collections will start to be removed from millions of credit reports. The move will remove an estimated 70% of negative medical debt remarks, giving many a hopeful jump in credit scores! Here are the details of the new changes effective July 1, 2022:  Paid medical debt that was in collections will […]

Collection Company Scam Alert!

Hundreds of thousands of consumers are being bombarded with robo calls from scammers posing as collection companies or debt collectors  from attorney offices. Sometimes these calls go straight to voicemails  where these scammers are leaving very scary and intimidating messages  that a debt is owed.  The caller or message asks for the consumers to  set […]

STOP using Free Sites!

As a Credit Industry Professional for the last 16 years, I have preached to people to stop using the Free Credit Score and Free Credit Report websites. I say this to protect consumers from getting inaccurate and incomplete information from these sites and protect their rights to their personal information and data which they give […]

Staying Financially Organized

Staying organized is  essential to being financially successful both personally and  professionally. Your credit is your #1 Asset and the starting point for  being financially organized. Your credit worthiness can be the  determining factor with rent, utilities, insurance, interest, loans,  benefits and employment. Those with low credit scores are missing  opportunities to build wealth and […]

Top Benefits of Having a Good Credit Score

You can survive with bad credit, but it’s not always easy or fun and definitely not cheap. Having a good credit score will help you save money and make your life much easier. If you’re looking for inspiration to improve your credit score or reasons that you should maintain your good credit, here are some […]

Building Credit with a Savings Secured Line of Credit

How a savings secured loan can help you rebuild credit With a savings secured loan, your savings account, money market account, or certificate of deposit (CD) acts as collateral. In return, you get the credit you need. Here’s how a savings-secured loan works: You pledge part of your savings. The lender then places a hold […]

Insider Credit Tips from EditMyCredit.Net

I was fortunate to receive specialized experience in the Credit Correction Industry. I was intensively instructed by one of the top elite experts in the world on Credit Restoration and all applicable Federal Laws. While working side by side with this former Legal and Compliance Executive from Experian, who had previously testified before Congress in […]

Why is Credit Repair so Important?

Your credit score is what banks and other establishments use to check whether they should approve your purchase, loan, or job application which could mean the difference between an approval or denial and why using credit repair is important should you be denied. Credit repair is necessary when your credit score is 600 or below. […]