Archive for July, 2007

My best advice to debt buyers….DON’T DO IT

Gary Nitzkin July 29th, 2007 Comments Off on My best advice to debt buyers….DON’T DO IT

I am frequently approached by debt buyers to represent them in collecting their newly acquired portfolios. I generally do not accept these kinds of engagements. These debts are generally fraught with lots of problems. If you are contemplating buying debt or if you are being sued on a credit card debt from someone other than […]

Whoa..the Piggy back ride is over…

Gary Nitzkin July 18th, 2007 Comments Off on Whoa..the Piggy back ride is over…

I just read a great article about changes coming to FICO scores this September. Pat Earnhard reports that the practice of using someone else’s credit score to boost one’s own will be curbed by the Fair Isaac Company, the progenitor of the omniscient FICO score. Most credit grantors use the FICO score to determine whether […]