Author:CULIK LAW PC

credit report errors

Reporter Describes Arduous Journey Fixing Credit Report Errors

Credit reporting agencies’ “files are full of obvious credit report errors that the companies are in no rush to correct.” So says journalist Bobby Allyn, who was stymied by credit report errors maintained by credit reporting agency Trans Union. When trying to get an apartment, mistakes in his credit report...

credit report errors

Credit Report a Nightmare? John Oliver Thinks So, Too

In a recent episode of HBO’s “Last Week Tonight,” John Oliver took the credit reporting agencies to task and discussed what a nightmare a credit report can be. These companies, Equifax, Experian, and TransUnion, keep reports on most Americans who have ever had a financial account....

HAMP

New HAMP Guidelines Issued for End Date of Loan Modification Program

A new guideline was recently issued related to the federal loan modification program, the Home Affordable Modification Program (HAMP), which clarifies when the program ends. HAMP’s purpose is to stabilize the housing market and help struggling homeowners get relief and avoid foreclosure. Under a budget appropriations...

Debt Resolutions Worth Keeping

If you make one resolution a priority this year, freeing yourself from debt is one that promises to be life changing and can bring positive change to other aspects of your life. New research shows that those who resolve to change their financial habits at...

JPMorgan Chase Fined, Again, for Defective Foreclosures

JPMorgan Chase is back in the news for failing to comply with a government foreclosure settlement. It is being fined $48 million. Back in 2013, banking giant Chase paid $2 billion to settle claims related to illegal foreclosures that it had conducted on millions of homeowners,...

Four Reasons to Get Rid of that Vacant Property

Properties can be abandoned for a variety of reasons. Getting an abandoned property out of your name, though, can be especially difficult if the mortgage balance is higher than the property value. This type of an abandoned underwater property is more than just a nuisance,...