Student Loan Defaults Can Be Forgiven
President Bidens still hasn’t cleared student loans or made them dischargeable through bankruptcy. However, the President’s most recent move on the issue will be a great benefit to those with student loan debt.
Common Disputes During a Real Estate Closing
Real estate transactions can be complicated and, due to the amount of money involved, these are often the most high-stakes decisions people can make. If any problems or disputes arise during your real estate closing, it is essential to consult with an experienced attorney who can protect your interests. Continue…
Will Mortgage Forbearance & Other CARES Act Benefits Impact My Credit Report?
Due to the financial impact of the COVID-19 pandemic, federally backed loan servicers and some private lenders are offering consumers mortgage forbearance to help them get through this challenging time. During the forbearance period, lenders let consumers temporarily pause or reduce their monthly payments. Under provisions of the CARES Act,…
Does Student Loan Forbearance and Deferment Impact My Credit?
With the COVID-19 pandemic forcing millions of Americans into debt, the U.S. government provided crucial assistance with repayment suspensions on current public student loans. The Biden administration has also floated the idea of eliminating some portion of student loan debts in the future. Under the CARES Act, all interest and…
What Is the Fair Credit Reporting Act?
The Fair Credit Reporting Act (FCRA) is considered one of the first privacy statutes in the US. It is a federal statute that regulates the use of people’s sensitive personal information for matters like employment screening, credit underwriting, and insurance underwriting. The intent behind the FCRA is to not only ensure fair…
The Real Impact of Identity Theft
There are many people aware of the existence of identity theft, but not many people know all of the negative impacts. Many assume it is as simple as being charged from a different state or a lack of security in their home wifi, but it can be far more aggressive…