A Time To Settle?
by Barry Noret
Your heart is telling you to settle your bad debts and you’re not sure
the best way to do it. We recommend that you not deal with the
collection agency if one handles your debt. These are middlemen and they
are in the business of harassing, threatening, and scaring you into
paying your debt, plus interest and service charges on that debt. If you
really feel...MORE |
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So You Think You Have
Been Pre-Approved?
by Barry Noret
A *true* pre-approval offer is required by law to
have text informing the consumer that their consumer credit report was
used in conjunction with the pre-approval offer. It also must list the
number to the credit bureaus that supplied the information in case the
consumer would like...MORE |
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Max'd Out No Problem!
by Herb Larrondo
The shopping season is an extremely dangerous time to use credit cards,
the temptation is just too much, the majority of us do not have the
discipline or will power to not use the cards to the max. Now that we
have incurred this new debt, there are a couple of different approaches
to paying it down. One method...MORE |
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Bank Naked! Well at
Least In Your Pajamas
by Barry Noret
Nearly everyday we receive offers in the mail for signing-up for an
online banking. And with most all-major banks bidding for your business,
now is the time to begin online banking. You can easily take control of
your money 24 hours a day. If you have been considering becoming one of
the thousands of people already banking online you may want to consider
the following things when you...MORE |
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Are the Credit Card Companies Guilty?
By Doug Willey
The opportunity to overspend has never been greater than it is in the age of credit cards. And overspend we have. Personal bankruptcies have gone from about 200,000 per quarter in 1990 to over 300,000 per quarter in 1999. Debt counseling became a significant growth industry in the 1990s and continues to grow...MORE |
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Are You
Being Harassed By Bill Collectors?
by Barry Noret
You're up to your ears in bills. The last thing you need is a
collection agency calling you night and day. In fact, it has
gotten so bad that you are avoiding the phone at all costs. The
collection agency is counting on your fears and guilt! They
think they know more about the rules than you do. But alas!
We are going to give you a great education. We will teach you to
use the laws afforded us. See, you have the right to...MORE |
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Five Reasons to Check
Your Credit Report Regularly
by Anonymous Contributor
In much the same way
that a resume displays your work experience to a prospective employer, a
credit report provides prospective creditors (and in some cases
employers and insurers too) with a detailed picture of your credit
history. And like a resume, your credit report can influence whether you
will receive what you are applying for. Ideally, your credit
report is an accurate, up-to-date reflection of your credit history.
However, since we don't live in an ideal world, there are many reasons
that your credit report could contain inaccuracies...MORE |
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Whose On The Other End?
Edited by Barry Noret
This article contains the text of what I like to call "The
Confessions of a Credit Card Companies Account Rep". I found
this several years ago on a discussion forum and saved it because it is
fascinating, frustrating, and full of ammunition. Take a minute to
digest these words of wisdom from a former insider. I changed the
name of the credit card issuer to protect the shameless! I will
leave up to your imagination to decide who it is. But, the truth be
known it could be any of them. Enjoy...MORE
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Credit Repair -
Illegal? (Commentary)
by Barry Noret
One of the biggest misconceptions we all face is that credit repair is
illegal. The truth is, when
done by the book, credit repair is perfectly legal.
When you consider that 50-70% of all credit reports in the United
States are inaccurate, something has to be done.
Yes, there are scoundrels and firms out there touting repair
services that are very illegal. A
couple key things to remember are...MORE |
