Category "Uncategorized"

in August 27, 2013 by in Uncategorized

In an "industry sponsored" report provided to the federal government, Equifax, TransUnion and Experian claim that 95% of people in the US are "satisfied" with the dispute process for their credit reports.  What a crock!  Asking the bureaus to do a study about their dispute process is like asking the wolf to guard the chickens

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Your FICO credit score is only one of many determining factors in obtaining new credit.. Each creditor has established their own set of guidelines and rules for extending credit. A creditor will usually require a full application that asks for many things: your income, your employment history, current level of committed expenses, your spending habits,

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  If you paid cash for everything, you would have no credit history. If you have no credit history, you have no credit! Use of credit is important to developing a great credit score. But you must follow the guidelines for keeping it great, which include: 1) keep your debt-to-credit ration under 30% per card

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  This is a common misconception. There are several factors that must be considered when applying for new credit. 1) If you apply for several credit cards at once, each occurrence will result in an "inquiry" on your credit report. Each inquiry drops your score about 7 points. So it would be prudent to carefully

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You can also overhaul your transmission if you know what you are doing, or walk into a courtroom to defend yourslef.  The fact is that most people don't have the experience, time, or persistence to enforce their rights on credit bureaus.  Unless you study for a long time, you as a consumer, are unlikely to

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in December 6, 2012 by in Uncategorized, Your Money

There are at least two versions of the word "underbanked": 1)   Those who have had a checking account closed by the bank.  This usually occurs when too many checks bounce, or the account is overdrawn too many times.  Banks have regulations they must follow, so if you hit their magical threashhold, they can cancel your

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