You must’ve seen the ads promising to fix your credit and have your score up 200 points overnight. They’re on the TV, the radio, newspapers and there are no shortage of fake "Top Credit Repair Company Review sites". As if some wand is going to magically fix all of your credit & debt woes. So …
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How to Fix Credit – Credit Repair Starts at Home
A good number of Americans don’t completely understand what’s involved with credit repair so they hire a firm to handle it for them. Or sometimes they bury their heads in the sand and never bother to look at their credit card debts at all. The truth is that most ways to fix your credit begin …
What is Debt Relief? How to Settle Your Own Debts.
Being overwhelmed by outstanding debts can be one of the most stressful times in anyone’s life. But this doesn’t mean that it’s the end of the world. Debt relief isn’t necessarily easy, but if you’re willing to put in the time and hard work, it’s well worth it. These are the 3 most important steps …
Who Says Crime Doesn’t Pay?
This post doesn’t have much to do with the subject of credit repair or debt relief (at least not on the surface), but after reading it on my RSS feed this morning, I just had to share it anyway. It seems the Chief of Police in Oakland, CA released a list of 44 different crimes …
How Does Credit Repair Work?
Like most financial services credit repair isn’t a cookie-cutter, one-size-fits-all type of procedure. Because sending a dispute letter might work for a small percentage of consumers, doesn’t mean that it’ll work for you. What you want to do is figure out what approach is going to work best for your particular situation. But to think …
How to Improve My Credit Score
Credit repair is probably going to do most of the groundwork with the credit reporting agencies and your creditors, but what you do when the credit repair is completed is even more important when you’re trying to improve your credit score. Too often consumers assume that the credit repair and debt relief was supposed to …
Desperate Local Governments Making Staying On Top of Your Credit Even More Difficult
In the past, we blogged about a recent trend among local governments who are so desperate for income that they’d begun taxing basic services on everything from dry-cleaning to hiring a magician for your kid’s birthday party. Now, these cash-strapped provinces are looking for more aggressive tactics to try and save themselves from this recession, …
Not a Fan of Those “Refreshed” Credit Reports? Neither Are Mortgage Lenders
On a previous blog, we discussed Fannie Mae’s new Loan Quality Initiative, which forces mortgage lenders to obtain “refreshed” credit reports (i.e., a second credit report after the potential buyer is preapproved) before they allow a buyer to close on a home. Fannie Mae says the reason for this extra credit report is to check …
Are You Giving Out Your Social Security Number to Just Anyone?
I often hear stories about people who give out their social security number without it being absolutely necessary. Then I was thinking, what exactly is “absolutely necessary?” Why Your Social Security Number Matters Someone who illegally uses it can access personal information and apply for credit in your name. If your identity is stolen it …
Can Going Green Mean Saving Green?
Now I’m not an alarmist who thinks that the world is going to end in 2012, but I am coming around to the idea of “going green.” Now I know that there are tips all over the internet from re-using coffee filters to shopping at second-hand stores. And while I’m trying my hardest to do …
