Privacy issues do not come into play with credit scoring. The application that you fill out to obtain credit is actually more encompassing that the amount of information provided to the credit reporting agencies. So if you are going to have a problem with privacy issues, it will reside with the creditor or lender, not

This is another common misconception, based upon long ago history.  Minorities are not short changed by credit scoring. ECOA (Equal Credit Opportunity Act) was put into place in 1974 to solve this problem. The law prohibits lenders from even asking the types of questions that would result in bias related to race, color, creed, sex,

A bankruptcy is a fearsome thing, to be sure. But it also has its place in the financial scene. After two years, the specter of bankruptcy diminishes, as long as your credit payments have been on time since that time. It is important to understand the differences between the types of bankruptcy filings, and how

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

(Note to consumers:  this is third in a series on debunking credit repair and credit restoration myths.  The information contained herein is deemed to be accurate, but not guaranteed) In the first editorial in this series, we defined a myth as:  something you believe because you heard it from someone else or saw it on

(Note to consumers:  this is second in a series on debunking credit repair and credit restoration myths.  The information contained herein is deemed to be accurate, but not guaranteed) In the last editorial, we defined a myth as:  something you believe because you heard it from someone else or saw it on a website like

(Note to consumers:  This is the first in a series regarding common misconceptions about credit repair or credit restoration.  The information contained is deemed to be accurate, but not guaranteed.) What is a myth?  Merriam Webster's Dictionary defines a myth as "a usually traditional story of ostensibly historical events that serves to unfold part of

When you are single and apply for a credit card, house or car, you are the only one responsible.  You are the one that affects your credit score…nobody else. When you decide to marry, or team up with someone to apply for joint credit, there are some interesting dynamics you should be aware of.  Everything

There is so much negative information on the net these days regarding credit repair.  It’s hard to tell the good guys from the bad guys.  Articles abound, and it is hard to tell the truth from fiction. At KC Credit Services, our 22 year spotless record speaks for itself.  With more than 110,000 customers served,

Back before 1988, there were no ATM charges.  Afterwards, a Nevada bank started charging a bank fee for withdrawals made on a bank other than its own.  It didn’t take long for the rest of the banking community to recognize the profitability of following the lead of the Nevada bank, and soon thereafter, many bank