Debt Shield Law

11/24/2024

Happy Thanksgiving from the team at Debt Shield Law ❤️

09/09/2021

4 new lawsuits filed on behalf of consumers today. The wheels of justice keep on turning!

05/22/2020

Experian, Equifax, and Transunion will allow Americans access to their credit report once per week for a year, increasing from three times per year.

06/20/2019

It’s important to understand the anatomy of the credit score. FICO, the company that calculates the most widely used credit scores on a scale of 300 to 850 points, considers these 5 key factors:

Payment history: 35%
Making on-time payments is the most important aspect of your credit score.
Credit utilization: 30%
This measures how much of your available credit you use. The optimal amount is between 5% and 30%. Carrying high balances on multiple accounts can indicate a higher risk of defaulting to lenders.
Length of credit history: 15%
In general, the longer you have established credit with on-time payments, the better your score. But FICO looks at multiple indicators related to credit history.
New credit: 10%
Establishing new credit can help improve your credit utilization ratio, but only open accounts as needed. Applying for multiple credit cards at once, for instance, can have an adverse effect on your score.
Credit mix: 10%
Managing different kinds of credit, such as an auto loan and credit cards, can be a plus.

Remember these factors before making a decision regarding your credit.

12/18/2018

Another Victory for Debt Shield Law! Returned over $10,000 to a client from a garnishment action!

09/27/2018

Has your home owners association become a nightmare? Are you bring hasseled into paying when its unfair or are they blatantly breaking their own rules? Are they sending you to collections a d threatening to lien or foreclose on your property? Contact us immediately, we can help and they are accountable!

07/11/2018

Not the best response to an unfavorable ruling for a Collection’s attorney in NJ.

A debt collection lawyer in New Jersey has come out and whacked the legal system in his home state, accusing judges of being biased against debt collectors and collection agencies. The lawyer, Michael Harrison, uses two cases that have been brought against him as evidence of judicial bias, claiming....

05/20/2018

Good Read!

If your identity theft worries are limited to hacking and phishing, you're missing out on a big risk: Paper. Here's how to protect yourself from "non-digital" thefts.