Having to declare bankruptcy sucks. No one wants to have that hanging over their head for 10 years on their credit report – it can make repairing your credit that much more difficult, and establishing new lines of credit almost impossible to achieve. Truthfully though, with all things considered, a bankruptcy on your credit report [...]
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Great news for consumers trying to figure out the quickest way to get rid of tax liens plaguing their credit reports: the IRS announced last Thursday that “in an effort to help struggling taxpayers,” they would be overhauling their policies on collecting unpaid taxes and liens. For people concerned about improving their credit scores, that [...]
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Now that we’re well into the new year, we feel it’s safe to say we’ve been picking up on some trends and developments that have been brewing for a while now, and should come to fruition in 2011. Here are our top 5 predictions of where the credit repair industry will go for the rest [...]
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Okay, so maybe my decision to blog about this on Valentine’s Day is questionable at best, but it’s an area that isn’t often covered in the realm of credit repair advice, and we’ve already covered what happens to your credit before marriage, so we would be remiss if we didn’t go over what happens to [...]
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Here’s something that’s been bugging me for a while that I thought deserved a post of its own, having to do with many regulatory agency’s stance on the credit repair industry as a whole. It’s no real secret that regulatory bodies aren’t the biggest fan of the credit repair services industry, and we can’t really [...]
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As we’ve pointed out in the past here for example and here and yet again here, a large majority of clients that come to MyCreditGroup think that credit repair starts and stops with just disputing bad credit. The truth though, is that a large part of improving your credit score lies in how well you’re [...]
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I’d thought we’d do a post about an area often overlooked in credit repair and financial blogs, and talk about military benefits under the Service member’s Civil Relief Act. The SCRA is a federal statute which allows members of the military to suspend or postpone some civil obligations so they can devote their full attention [...]
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People on the hunt for the best way to improve their credit scores tend to be so preoccupied with reaching that magic credit number that their repair efforts could end up getting tripped up by something minor they overlooked. Having your eyes fixed on the prize isn’t a bad thing, but having tunnel vision might [...]
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Everyone knows that not paying your bills is a bad idea for your credit. It can cause anything from delinquencies, charge-offs, and collections to appear on your credit report – all of which will seriously drive your score down. Most consumers who already have a number of negative accounts on their reports are already looking [...]
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We posted a blog yesterday hoping to shed more light on how and when to dispute accounts on your credit report, but the discussion in the comments seemed to take on a life of its own. People are asking questions; the right questions about credit repair. One of the purposes of yesterday’s post was to [...]
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