Author Archives: qwestcredit

http://www.nytimes.com/2012/05/05/your-money/medical-debts-can-leave-stains-on-credit-scores.html

This issue came up this week with one of our clients, who shall remain nameless.  A collector called her home and started immediately making threats of imminent “legal action” if the debt was not paid right then.  The claim was … Continue reading →

I know this isnt credit related…but C’mon…she was also smoking a cigarette and drinking a margarita @ the same time…story from Huffington Post below: http://www.huffingtonpost.com/2012/04/24/heart-attack-grill-collapse_n_1448694.html

Accretive Health, one of the nations largest collectors of medical debts, is under fire from the Attorney General in Minnesota for “planting” debt collectors in hospitals to pose as hospital staff. Read the entire article from the NY Times: http://www.nytimes.com/2012/04/25/business/debt-collector-is-faulted-for-tough-tactics-in-hospitals.html?_r=2&hp&goback=%2Egde_1956790_member_110470776

Ive answered this question before, but it seems to come up alot… The answer is NO…not from all 3 credit bureaus. A recently as a few years ago, a consumer could buy their 3 FICO scores online at myfico.com. Experian … Continue reading →

Consumer Financial Protection Bureau proposes rule to supervise larger participants in consumer debt collection and consumer reporting markets   Proposed Rule Would Subject Industries to Federal Supervision for the First Time WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) … Continue reading →

The Huffington Post |  By Jillian Berman Posted: 04/19/2012 9:14 am Updated: 04/19/2012 9:14 am   Debt collectors in West Virginia, watch out. The state is coming for you. West Virginia Attorney General Darrell McGraw filed suit against seven unlicensed debt … Continue reading →

Yet another example of why a consumer should never pay a collection agency before fully investigating the account and determining if it is valid…read below:   In response to charges from the Federal Trade Commission, a U.S. district court has … Continue reading →

By Daniel Bukszpan, cnbc.com In January 2010, the average credit score in the United States was 692, according to Experian’s National Score Index. Advertise | AdChoices Today, it’s between 700 and 710, according to John Ulzheimer, president of consumer education at SmartCredit.com, a … Continue reading →

Here is the article: http://abclocal.go.com/ktrk/story?section=news/consumer&id=8606977   The writer of this article is correct about a few things related to medical collections.  Medical collections can appear on credit reports much quicker than most consumers are aware, and regardless of the fact … Continue reading →