Description
This course will give you everything you need to know about FICO credit scoring, debt collection defense, and how to "fix" your credit report. We will go over the history of the credit report, history of credit cards, an examination of FICO scoring, when to pay your bills for maximum beneficial scoring and why not to pay a debt collector until you do this. Example letters will be given for those that want them to challenge debt collectors and credit reporting agencies. We will go over how to evaluate a credit report and where to go to get a credit report. An examination of the Fair Credit Reporting Act will be done along with an understanding of The Fair Debt Collection Practices Act. SECTIONS WITHIN THIS COURSEThe History of The Credit ReportThe History of The Credit CardThe Fair Credit Reporting Act (FCRA)FICO Scoring and Credit ReportingThe Fair Debt Collections Protection Act (FDCPA)Credit Repair StrategiesJack and Jill - a comparison analysis of two individuals: one with a 620 score and another with a 720 score as they go through life. Debt Collection DefenseQuestions and Answers regarding common, and important, credit reporting and debt collection issues.
