Credit Repair - Credit Report Repair

Can credit repair companies be trusted?

Wed, 07 Nov 2007 08:53:43 -0500

Many "credit repair" companies claim to remove negative credit with the flick of a wrist. Their advertisements make bold assertions and money-back guarantees: "Bankruptcy, tax liens, judgments... no problem!! One hundred percent guaranteed!! Credit report 100% cleared in 30 days!!" Can they really make such sweeping guarantees?

Can Bad Credit be Deleted?

Mon, 29 Oct 2007 16:03:38 -0500

Yes, it can. Despite the fervent proclamations of bureaucrats and credit bureaus everywhere, a simple fact remains: negative credit listings are deleted from peoples' credit reports by the thousands each and every day.

Get the Right Credit Score

Fri, 26 Oct 2007 19:15:07 -0500

You go into a lender's office prepared to apply for and receive a loan. After all, you've done your homework, you've pulled your credit reports and you know what your credit scores are--you even got one score from each of the three major credit bureaus: Equifax. Experian, and TransUnion. You are shocked when your loan is denied, or maybe you were approved, but the interest rate is much higher than you anticipated. How can that be you say? My credit score is good, I know I checked. Maybe it's not as good as you think. It all depends on there you got it and what kind of credit score it is.

How to Deal with Bad Credit Reports

Sat, 06 Oct 2007 09:12:52 -0500

In today's world our credit score is everything. Creditors and bankers approve or disapprove loans based on your credit worthiness. It is also something that will determine your credibility to certain employers or landlords. If you have a good credit rating you will be able to apply for loans and/or credit cards easily. And, ultimately, isn't that the goal? It will also mean that you will have more chances of getting certain jobs. You will be able to pay your bills on time.

Debt Collection - Facts vs Force

Mon, 01 Oct 2007 10:04:52 -0500

The title 'debt collector' is self explanatory and clearly states what such a person does. If you owe money to a lender and there has been a delay in payments over the past few months the lender may choose to either use their in-house service or employ a specialized debt collection service provider.

If it is a third party i.e. a specialized collection agency, they usually purchase your debts for less than you owe from your lender and then the debt becomes theirs. Therefore, they then have vested interests in settling the same.

The History of Credit and the Bureau

Sun, 24 Sep 2006 10:59:57 -0500

Our nation is in chaos and the root of it all stems from good graces of man. Credit is deeply rooted into our history and it stems from a person's or merchant’s product or service priced too high for the average consumer; or when payment for the item(s) was not convenient at the current time. This was the birth of the consumer credit program.

Let's look at a typical California House priced at $395,000. The builder, in order to make a profit, needs to sell many of these homes at this price. How many of us have $395,000 to plop down in one lump sum?

Get Out Of Debt

Fri, 22 Sep 2006 08:25:19 -0500

Finding a way to get out of debt is extremely important and it is crucial to take action as soon as possible if your debt is significant. This daunting task may seem overwhelming, but it is quite possible if you take the appropriate steps. I am nearly out of debt and if you would have seen my financial obligations just a decade ago, you would be shocked to discover that everything is nearly paid off in full.

Why You Need a Copy of Your Credit Report!

Wed, 30 Aug 2006 07:47:01 -0500

Your credit report is an important document which may affect you more than you think. It is perfectly possible to see a copy of your credit report. But why would you want to read your credit report, and how do you find it?

In the US there are 3 agencies which keep information on you and your credit. This information includes a whole range of details on many of the financial transactions that you make through your life. You may not be aware of it but much of your financial data is kept by credit agencies, and can seriously affect your life.

Build Credit in your Name

Sun, 04 Jun 2006 11:41:28 -0500

If you have delinquent credit and are married, you might want to build your credit in your name instead of using your spouse. Somebody has to have stability. Also if you are divorced and all the credit cards of credit information are in your spouse’s name you will need to reestablish your credit in your name.

Credit Repair for Identity Theft Victims

Sat, 03 Jun 2006 16:14:13 -0500

Identity theft victims are those people that loose simply because someone has stolen their identity and run up their bills. If you are victim of Identity Theft you are well-aware how difficult it can be to get back on your feet again. Identity Theft victims often have to go through a series of steps to repair their credit and identity.

Credit Card Abuse - The American Horror Story!

Fri, 02 Jun 2006 15:15:22 -0500

It is the modern American horror story, but one now being seen increasingly throughout the world...

A successful middle class consumer, with a good income and excellent credit history, enters middle age knowing that it is time to start saving for retirement. Then something unexpected happens. It may be good news, such as the birth of a new baby, or it may be bad - an illness, a family emergency, a divorce...

Building Credit to a Better Future

Sat, 27 May 2006 09:08:39 -0500

Building credit is building a better future. These days it takes good credit scores to purchase a home, buy a car, and get a credit card and so on. If your credit is bad usually more bad follows. It takes you to find a solution to repair your credit. The fist step in repairing your credit is to take a look at each bill, including your past due bills.

7 Ways to Change Undesirable Spending Habits

Fri, 26 May 2006 21:29:32 -0500

Many people dream of retiring with a healthy bank account but few people actually achieve it. This is largely due to lack of discipline in building up their retirement fund and poor spending habits. While building a retirement fund requires time, you can accelerate the process by making incremental but positive changes in your spending habits.

Here are seven ways that you can change your daily lifestyle for more positive results in your spending habits:

Repair Your Credit, Build Your Survival Foundation

Wed, 24 May 2006 16:04:59 -0500

Why is it important to have good credit?

With today’s society becoming more and more business oriented, establishing and maintaining good credit is vital if you plan to do any of the following:

1. Apply for employment
2. Rent an apartment
3. Open a bank account
4. Setup an account with public service or the telephone company

Three Strategies to Improve Your FICO Score

Tue, 23 May 2006 11:55:25 -0500

It used to be that "people" made decisions about your credit worthiness. You knew your banker and your handshake was all the collateral you needed. Those days are long gone, and now a single number - your FICO score - determines your credit worthiness.

Although there are several credit models, the most commonly used is FICO, based on a model created by Fair, Isaac Company. Their consumer website is myfico.com, and you can find information about the FICO credit scores there.