26 Nov
Posted by: admin in: Bad Credit News
“My credit check disappointed me…the truth is, my scores brought me to tears! I am so tired of struggling and fighting debt collectors and living on cash and having everything seem to be affected by credit scores.”
For Jamie Bowers, Missoula, MT, one credit check moved her to take action. In turn, Jamie moved her husband to join her in what she termed a “Life Overhaul.” I LOVE it!
When Jamie contacted me about my videos and book The Busy Person’s Credit Makeover at Repair Credit Fast, she expressed concern about more than credit issues.
According to Jamie, they made good money but they never had any money. They had grown reliant on payday loans to tie them over from payday to payday…and they hated it.
Jamie also hated her “out-of-control spending at the mall” and her husband and she hated that he smoked.
They were ready, I could tell…yet, I listened until Jamie drew quiet and apologized for rambling. It wasn’t rambling
For a complete FREE credit report
The Right Credit Reports For Credit Repair
Give Yourself the Advantage
When it comes to credit repair you should give yourself every advantage you can. There is a lot riding on the outcome, so don’t cut corners. You should arm yourself with a working knowledge of the laws that govern the credit bureaus, creditors, and collectors. You also need your credit reports, and credit reports are not all created equal. Choose your reports carefully; the right one will give your credit repair effort a real edge.
FACTA and Your Free Credit Reports
In 2003, the Fair and Accurate Credit Transaction Act (FACTA) was passed (FACTA is an amendment to the Fair Credit Reporting Act). One of the significant provisions of FACTA is the requirement that Experian, Equifax, and TransUnion offer consumers free access to their credit reports one time per year. T
As a fresh graduate degree, some newly graduated college boys and girls were overwhelmed. They were so excited about the whole graduation things and job seeker things. For them, the only thing that was in their mind was that they should search for the job. Well, many of them still had some high imaginations about the real world. They really thought that they master degree could bring them to a perfect position in the real working field. Somehow, they still didn’t really aware that the real world wouldn’t be that simple at all. They need something special to be able to get the perfect position in the working field. Many of them thought that they would have any chance to be the executive of a well known company. Well, that would be everyone’s dream, but the fact might not be as great as what they have ever imagined before.
After a while, many of them should deal with the desperations. They
NEW YORK – Bank of America Corp. on Tuesday pledged not to hike credit card interest rates or fees before a new law intended to reform industry practices takes effect in February.
Since most Bank of America customers have variable rate cards, however, they could still see their interest rates go up. The interest on variable-rate cards is tied to the rise and fall of the prime rate.
The North Carolina-based bank, along with Chase, in August switched most fixed-rate cards to variable rates to manage costs in light of the sweeping new reforms to the credit card industry. Discover Financial Services moved some of its cardholders from fixed to variable rates in June.
Those previous moves to variable rate cards somewhat blunts Bank of America’s announcement Tuesday that it will not implement rate hikes based on a customer’s risk or market conditions. Read all post…
For a complete FREE credit report
Credit Repair Techniques Of The Pros
Introduction
Effective credit repair requires a combination of technical and legal skill along with a healthy dose of common sense. The technical approach requires an understanding of the inner workings of the FICO credit scoring model. The legal approach uses aspects of the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA) to gain maximum leverage when dealing with the credit bureaus and collectors. And finally, common sense brings good old fashioned debt and credit management into the picture. The technical and legal approaches are essential to any effective credit repair effort, and can produce exciting results, but without simultaneously infusing a little common sense into your program you will disappointed with your outcome.
19 Nov
Posted by: admin in: Bad Credit News
Credit Fixing is important! No question about it. One 3-digit credit score pretends to control your life…if you let it. As you (hopefully) already know, there’s a helluva lot more to life than a good credit score.
Whatever you do, please don’t let a bad credit score get you down.
You WILL restore your credit to where you once had it.
You WILL stop the debt collectors, and you WILL hear “YES!” when you apply for credit.
All Of This WILL Happen!
A friend sent me the following story. I have two young children, who mean the world to me. Whether children or pets or both (if we’re lucky), you know the happiness children & pets bring you.
Who’s there at the door when you arrive home from a hectic, frustrating day of work? Who’s there t
Dealing with bankruptcy can be frightening event. Bankruptcy is meant to give a fresh economic ‘leg-up’ to people who have made some financial errors. There are two basic types of bankruptcy, Chapter 7, total discharge of debt, and Chapter 13, a reorganization of debt. There are rules for filing for bankruptcy and conditions must be followed.
A Chapter 7 case is only available to individuals and the debtor has no liability for discharged debts. Although the right to a discharge is not absolute, and some types of debts are not discharged.
Determine Your Eligibility
Before filing for a second bankruptcy, a debtor must wait eight years after the discharge of the initial bankruptcy charge under Chapter 7 rules. If a file has been made under Chapter 13, the individual must wait six years before filing an individual, Chapter 7, bankruptcy. It is important to have the official discharge date of the original debt. De Read all post…