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Articles tagged with: Collection Accounts

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[22 Oct 2019 | No Comment | 2,893 views]
Debt Collector $8.97

When a woman received a letter from a┬ádebt collecting agency for an $8.97 debt, she began to wonder if it would hurt her credit score. She explains, “Today I received a letter in the mail from a collection agency stating that a DVD I rented from Family Video (probably 5 years ago) has gone to collections. The total that I owe is $8.97. Am I going to get a bad credit score for an unpaid bill of $8.97?! Help would be greatly appreciated — Jillian”

Rebuilding Credit »

[22 Sep 2019 | One Comment | 5,497 views]
Divorced With Joint Credit Accounts can Lower Your FICO Score

No consumer is prevented from acquiring credit solely based on marital status. The Equal Opportunity Credit Act outlaws discrimination of all forms to provide consumers with equal access to credit resources. If you recently experienced a divorce, however, your credit score may be negatively impacted after you separate from your spouse.