23 Sep
Posted by Gabrielle Geoghegan as Repair Credit Tips
Checking credit scores online has become a common practice for most people who are worried about their financial well being. Even for people with good credit scores, checking credit scores online is a recommended practice in order to avoid nasty surprises when buying new property or belongings by taking a loan.
Some Numbers
Statistics on credit card report errors are rife. A United States Public Interest Research Group study in 2004 indicated that nearly 79% of credit card reports contained errors. A similar study by the same group in the year 2006 claimed that nearly 27% of adults do not check their credit scores online or carefully review their credit reports for errors.
If you wish to improve your financial health, you need to get your financial report and review it carefully for errors and inconsistencies.
22 Sep
Posted by Debora Watt as Repair Credit Score
When it’s time to think about having children, many growing families have to decide how to plan for their financial futures. Should we pay off the car? Should we wait for the student loans to be paid in full? Should the house have a certain amount of equity?
In the middle of planning their finances, couples begin to realize that there is no perfect time to have a baby. Instead, they can take steps to create the most secure financial environment for their growing families.
Evaluate your debt. At you can view all three of your credit reports from the three major bureaus – Experian, TransUnion and Equifax – to get a big picture of your overall debt. This
Right now, many people in the banking industry are trying to figure out how to get you to talk to them online. The benefits to financial institutions are pretty obvious. Online interaction helps them build brand awareness and loyalty among consumers. It saves them money because fewer people go to physical banks and talk to human beings, who require paychecks. It helps them “leverage” (bankers love this word!) data about our purchases and our social media interactions to send us offers for products they think we’ll like and buy.
In short, bankers think the Internet will eventually make them lots of money. But what’s in it for us?
A lot of companies at this week’s Finovate conference in New York tried to answer that question. There’s a
As millions of Americans struggle in foreclosure with little hope of relief, big banks are going to borrowers who are not even in default and cutting their debt or easing the mortgage terms, sometimes with no questions asked.
Two of the nation’s biggest lenders, JPMorgan Chase and Bank of America, are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be at special risk.
Rula Giosmas is one of the beneficiaries. Last year she received a letter from Chase saying it was cutting in half the amount she owed on her condominium.
Ms. Giosmas, who lives in Miami, was not in default on her $300,000 loan. S
26 Aug
Posted by Thomas Kafen as Credit Cards Articles
I was a chicken with dentist phobia. I tend to pass years between 2 dental checkups. But, I finally had to go last Tuesday, left with no choice. A pain in tooth was killing me; guessed it was nerve pain; popped in a pain medicine but it didnt help.
As I entered the room of the dentist, I thought I would be just given an antibiotic plus pain killer combo. Well NO!
It was not the thing that happened there. Before I could realize whats happening around the endodontist (tongue twister to utter) stuck needles into my gums and seemed to clean my tooth. I know it would pain close to hell when he tried getting rid of the dead tissue and the debris. The doctor, sporting a salt and pepper French beard lifted a needle-like apparatus that started numbing the tooth area and it went on for ten flicking minutes.
26 Aug
Posted by Gabrielle Geoghegan as Repair Credit Tips
There are so many credit repair tips to give these days, especially with the recession that we are experiencing in 2011.
This may seem obvious, but unfortunately statistics show more than 60% of Americans check their credit less than once a year. To learn what shows on your reports go to How To Read Credit Reports
What makes it worse, is the credit scores you get from certain companies ARE NOT the same credit scores that lenders like mortgage companies and auto dealerships use. This is the difference between FICO® credit scores and VantageScores®.
VantageScores® were created by the 3 credit bureas to attempt to overtake the FICO® score that most lenders used. It Read more…
Credit card delinquencies dip to 17-year low
Every day, it seems, theres alternatively good credit card news or bad credit card news. Cheer up: todays is good. Because the number of people whove fallen behind 90 days or more past due on their card accounts has dropped to its lowest since 1994. And that, for the numerically challenged, was 17 years ago.
The data, published Tuesday, come from TransUnion, one of the big-three credit bureaus, and are part of a continuing study. They relate to the second quarter of this year.
Manageable credit card debt
A closer look at the figures show that the delinquency rate has fallen to 0.60 percent, down 18.92 percent from the previous quarter, when it stood at 0.74 percent.