So you say you’re ready to become a homeowner, like a full-fledged adult with real grown-up responsibilities. Well, there’s no better time than now to gain admittance into the mortgage club – after all, it’s not like they’re really hurting for new members these days, is it? But before you run off to a loan [...]
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As more consumers begin to get their finances back under control, whether on their own or through the use of credit repair services, it seems many of them are also willing to give credit card spending another shot. According to a study from comScore, at least 20% of Americans admitted that they went shopping for [...]
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Every day My Credit Group works to educate consumers on not only the best methods of credit repair, but also how to maintain a high credit score. Part of making sure your credit score stays as high as it can means knowing how to make the most of your credit cards. There are already quite [...]
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Go to annualcreditreport.com, fill in your information, and BOOM!, you’re done. Next topic… Wait, what’s that? You’ve already pulled your annual report from that site, and want another look at your report for FREE? Well, there are ways to get another look at your credit report without having to wait another 12 months, but they [...]
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A common story relayed to My Credit Group by clients suffering from credit card debt is how often they’d use their credit cards as a “pick-me-up” of sorts. In other words, whenever they were feeling down for whatever reason, they’d use their credit card to buy something and feel a little (or a lot) better. [...]
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Feds Crack Down on Illegal Mortgage Practices “The decree orders servicing companies to assign a single staff person to serve as the sole point of contact for homeowners facing foreclosure, ending the current situation where homeowners often get lost between different workers in different departments.” Durbin to Chase Bank: Get Your Facts Straight “Today, Senator [...]
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We’ve written a couple of articles recently that basically painted a picture of most major US banks as desolate financial wastelands filled with tricksters and shysters looking to hold on to your money and not wanting to let it go (well, how else would you characterize all of those fees they take out of your [...]
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As I do every day, I fired up my Google Reader feed this morning and perused articles detailing what’s wrong with the economy and how we can fix it. When I got bored of that after about 45 seconds, I switched to funny cat videos on YouTube. But during that 45 seconds (it might’ve been [...]
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If there’s one point that My Credit Group tries to hammer home to all of our credit repair clients, it’s the importance of paying your bills on time. After all, your payment history accounts for up to 35% of your overall credit history; missing too many payments is the quickest way to drop your credit [...]
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This is normally the type of question we would keep to our comprehensive credit repair Q&A section, but seeing as it’s been popping up more and more recently, I thought we’d address it in our blog as well. Whenever a new potential client calls in to ask about our credit repair program, we always ask [...]
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