Kansas City Woman Awarded $82 Million In Debt Collection Case

Maria Guadalupe Mejia

A Jackson County jury ordered collection company Portfolio Recovery Associates LLC to pay $82 million dollars to KC resident Maria Guadalupe Mejia. Mejia had this debt mistakenly attached to her by Portfolio Recovery. The actual debt holder was a man with a very similar name. Portfolio Recovery had failed to hand over documents requested by […]

5 Reasons To Consider Business Credit

Consider Biz credit

If you own a small business you may want to consider building your business credit. Owning a business is a struggle in itself. How can any new business expect to grow with limited resources and finances? That’s where business credit comes in. Business credit can help take your business further by providing the financial means […]

Credit Tip: How to Get a Quick Boost in Score

boost your Credit Score

Pay Down Your Accounts If it’s one question we get asked often, it’s how do I increase my score the fastest way possible? First we must understand how your credit score is generated. Your credit score is determined by different factors. One of those factors is your amount owed. If you can pay down your […]

The Steps to Good Credit – Credit’s Do’s and Don’ts

Excellent Credit score BQ blog

The Dos and Don’ts to Good Credit Your credit score is the most important number in your life. It can determine whether or not you will be owning a new home, driving the car of your dreams, or even securing that new job you just had an interview for. Having a good credit score can […]

Paying Off Old Collections

Paying Collections

Can Paying off Old Collections hurt you? The short answer is… Yes. Paying off those old collections seems like a great idea, your credit score may decline if you pay a collection that is older than 2 years. When you pay off a collection that has been lingering on the report for some time, the […]

Huge Credit Report Overhaul: Medical Debt to Weigh Less

Medical Debt

It will be announced today that the 3 credit reporting agencies (CRAs) will be making some serious changes to the way they report your credit. After long meetings between the New York Attorney General’s office and the CRAs, decisions have been made to change the reporting of medical collections and the process of consumer disputing. […]

6 Steps to Handle Identity Theft

ID-theft

You’ve seen numerous web pages and blogs about what you can do to prevent your Identity from being stolen, but what are the steps you can take if you are already a victim of identity theft? Approximately 15 million US residents have their identities stolen each year. Stats like this make identity theft the fastest […]

How to Stop Collection Harassment

Stop-Collection-harassment

Stop those pesky collections from interrupting your life! There’s nothing more annoying than coming home after a long day of work only to be bothered by pesky collection companies. They call your home, your relatives, and workplace. They flood your mailbox with their notices. This kind of treatment can leave you drained and stressed. Often […]

New Years Resolution: Get Out of Credit Card Debt

images

It’s a new year and that means everyone is off to an inspiring start on their new years resolutions. You may already have your plan in effect to lose weight, get fit, and aim for that new promotion, but what are you doing about the pile of debt you racked up over the holidays? It’s […]

What Black Friday Means for your Credit

Black_Friday_Credit

Just  a few short days and Black Friday will kick off the 2014 holiday shopping season with a bang! I’m sure you’ve already been bombarded with pre-Black Friday ads and promotions as you flip through the channels or tune into your favorite radio station. But before you put together your list and get ready to […]