Day: May 1, 2014

Earlier this month the Federal Trade Commission (“FTC”) announced it reached a settled with Rincon Debt Management, and its two principal owners, Jason R. Begley and Wayne W. Lunsford, in a long running case against the collection agency for threatening to sue and arrest consumers for debts they did not in fact owe.  Under the settlement agreement the collection agency…

A “pull” on your credit report is the term that is used to refer to an existing or potential creditor accessing your credit file to look into your credit history.  There are two different types of pulls that can be performed and they affect your credit score in different ways. A “Soft” pull or inquiry is a pull that occurs…