Rx for Arizona Consumers’ [HomeBuyers} Credit
Find out what’s in their file. Every U.S. consumer is now entitled to one free credit report annually from each of the three credit bureaus: Experian, ... a mortgage or other credit, the lender must tell them whether information in their credit report played ... is incorrect on a credit report, the next step is to correct the inaccuracy. If consumers [more...]
Date: 2008-12-23 19:30:07
Blog posts
(33)
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Videos
(15)
5 Credit Repair misunderstandings
Amazingly, consumers find more than 13 million inaccuracies on their credit reports each year ... : To get an inaccurate item corrected, you have to in person dispute it with the credit bureaus and allow them 30 ... bureaus through their credit report provider. Quotation reports can be updated in as little as two [more...]
Date: 2008-12-12 19:25:14
Credit clean-up
"I really enjoyed reading your article about credit repair companies offering false hopes and essentially scams to consumers," ... of the FTC's Bureau of Consumer Protection said, "Companies that promise they are able to scrub your credit ... try the Consumer Credit Counseling Service in Cedar Knolls. It is part of the non-profit National [more...]
Date: 2008-10-27 19:40:13
New Credit Scoring Model Set for Release in 2009- Finally!
Almost a year ago, we wrote about the new FICO 08 scoring model that was initially planned for roll-out at the latter part of 2008. Besieged with lawsuits between its creator, Fair Isaac, and the three largest credit bureaus ... consumer outcry and potential credit fairness issues, Fair Isaac backed off and decided some authorized [more...]
Date: 2009-01-06 13:47:30
CIBIL frequently asked questions (FAQ) and answers
Sep 15, 2009General Info Q.1 What is CIBIL?CIBIL – India’s first credit information bureau- is a repository of information, which contains the credit history of commercial and consumer borrowers. CIBIL provides this information to its Members in the form of credit information reports.Q.2 Who owns CIBIL?CIBIL’s equity was held by State Bank of India, Housing Development Finance Corporation Limited, Dun & Bradstreet Information Services India Private Limited and Trans Union International Inc. [more...]
Date: 2009-09-15 02:03:33
GMAC Now Officially Requires 700-Plus FICO Score For New Car Loan [Financiapocalypse]
The Financiapocalypse continues. We just received a copy of an e-mail that went out at GMAC, the lending arm jointly owned by GM and Cerberus, ... : you'll now need a minimum 700 credit bureau score to get a car loan at dealer invoice or below from GMAC ... consumers who have a minimum 700 credit bureau score, with an advance rate equal to or less than [more...]
Date: 2008-10-13 22:20:00
BBB Consumer Alert About Credit Service
Hawaii's Better Business Bureau® issued an alert today warning consumers to be aware of companies taking advantage of the credit crunch by promising bogus credit repair services that can be costly and in some cases illegal. With lenders becoming increasingly... [more...]
Date: 2008-10-31 09:59:09
Free Webinar on New FTC Guidelines for Background Checks
The new FTC Identity Theft “Red Flags” guidelines take affect on November 1, 2008. Are you aware of your obligations under these new provisions? ... of consumer reports must implement procedures to deal with any notices of address discrepancies they receive from a nationwide consumer reporting agency (mainly credit bureaus such as Experian, Equifax [more...]
Date: 2008-10-15 19:09:58
Dr Boyce Black Money: Credit Bureaus Part 2
Dr. Boyce Watkins www.BoyceWatkins.com As part of our series on understanding credit scores, we can now move into more of the nitty gritty ... way to improve your credit score. How do I correct an error on my credit report? The law protects consumers who feel that their credit report has errors on it. Anything you believe [more...]
Date: 2008-10-13 12:08:05
FTC Delay Does Not Apply to Employers
Yesterday, the FTC announced a 6 month delay in enforcing their “Red Flags” Identity Theft Guidelines ... ve been in touch with the FTC and we now know that this delay only pertains to Financial ... from National Consumer Reporting Agencies (primarily credit bureaus) when conducting background checks [more...]
Date: 2008-10-23 16:11:42
The Great Crash of 2008
If this isn't a Great Crash I don't know how to define one. Stocks were down another 7 percent today ... have they gone on strike? Not because of the difficulty of getting credit. Most consumers can barely ... , 2007 (the National Bureau of Economic Research now tells us) was the first on record in which median earnings [more...]
Date: 2008-12-01 22:28:00
Identity Theft
by Landon McGehee Immediately upon becoming aware that your identity has likely been stolen, it’s easy to begin to panic ... . In addition, reporting to the FTC (or their Consumer Alert website) will alert the three credit bureaus and put a Fraud Alert on your reports, which means that no new credit cards or other lines [more...]
Date: 2008-12-01 20:33:13
Identity Theft
by Landon McGehee Immediately upon becoming aware that your identity has likely been stolen, it’s easy to begin to panic ... . In addition, reporting to the FTC (or their Consumer Alert website) will alert the three credit bureaus and put a Fraud Alert on your reports, which means that no new credit cards or other lines [more...]
Date: 2008-12-20 13:16:13
Potect Yourself From Identity Theft
by Landon McGehee Immediately upon becoming aware that your identity has likely been stolen, it’s easy to begin to panic ... . In addition, reporting to the FTC (or their Consumer Alert website) will alert the three credit bureaus and put a Fraud Alert on your reports, which means that no new credit cards or other lines [more...]
Date: 2008-12-20 13:12:15
Potect Yourself From Identity Theft
by Landon McGehee Immediately upon becoming aware that your identity has likely been stolen, it’s easy to begin to panic ... . In addition, reporting to the FTC (or their Consumer Alert website) will alert the three credit bureaus and put a Fraud Alert on your reports, which means that no new credit cards or other lines [more...]
Date: 2008-12-11 09:32:42
Questions About Collections? Ask Melissa
Dear Melissa, My daughter is in the midst of a career move and has had a bill sent to a collection agency in the state she previously resided in ... can absolutely not affect your credit report in any way. Consumer debt is not transferable ... the payment. The agency will report to the credit bureaus that the account is paid, if applicable [more...]
Date: 2009-01-14 13:00:17
Free credit monitoring services
Today is the deadline to sign up for nine months of free credit monitoring by registering to participate in a class-action settlement with ... for marketing uses, a practice the Chicago credit bureau says did not violate the law and was discontinued in 2001. More details from the article: Consumers who had an open line of credit or a credit [more...]
Date: 2008-09-24 21:37:49
Review Your Bills By Heidi Harrison Chain President 112th Precinct Community Council - Guest Columnist
Review Your BillsBy Heidi Harrison ChainPresident 112th Precinct Community Council In this economy some vendors are trying new marketing techniques ... the attention of the Federal Trade Commission,” said Lydia B. Parnes, Director of the FTC’s Bureau of Consumer Protection.You also must review your credit card bills carefully to insure [more...]
Date: 2009-01-07 18:29:00
How to Resolve Credit Bureau Reporting Errors
Photo courtesy of neoliminal A couple months ago my wife and I started a passive search for a new home ... idea to check your credit report to make sure things are being reported correctly. Inaccuracies ... on a new home. Skeletons In Your Credit Closet? Often times consumers have legitimate, negative [more...]
Date: 2008-10-23 11:00:30
Another Bad Day Dawns in Asia
As of this writing, the Nikkei is down nearly 500 points. Singapore is least trashed, down 3%, the Hang Seng is down over 6% ... no confidence in Paulson's latest folly, the "let's bailout credit card debt so the banks can let consumers ... earlier, the statistics bureau said today, after gaining 11.4 percent in September. None of 18 economists [more...]
Date: 2008-11-13 04:32:03
New credit score system ready for ‘09
By next spring, two of three credit reporting bureaus will use a new model. Fair Isaac, the developer of FICO scores, has made the biggest change to its mathematical credit ... points because of how the new model fine-tunes the variables it uses to evaluate consumers’ credit use [more...]
Date: 2008-12-15 15:07:34
Rise in mortgage delinquencies
The Wall Street Journal reported that one credit bureau TransUnion forecasted that the ratio of consumers with mortgages that are two months or more past-due will hit 7.17% at the end of 2009 [more...]
Date: 2008-12-02 17:01:01
FTC's Credit Clean Sweep
The Moneysherpa Pages: FTC's Credit Clean Sweep Today, the Federal Trade Commission ("FTC") ... on false and misleading statements by "Credit Repair Operations." Lydia Parnes, Director of the FTC's Bureau of Consumer Protection said, "Companies that promise they are able to scrub your credit reports [more...]
Date: 2008-10-23 21:20:35
Free shredding Jan. 24 in Tacoma
Free shredding Jan. 24 in TacomaAttorney General sues Colfax couple for equity skimmingProtect yourself from e-mail hijackers and spoofersAGs reach deal to debug Dell’s customer serviceVirtual credit cards may give online shoppers peace of mind ... Sentinel Federal Trade Commission’s Bureau of Consumer Protection Washington Department [more...]
Date: 2009-01-16 01:33:05
BLS BS Exposed: Commercial Bankruptcies Soar
The McClatchy Washington Bureau is reporting Commercial bankruptcies soar, reflecting widening economic woes ... , tighter credit and a reticence among consumers to part with discretionary income. From April ... in California, which logged 3,141 bankruptcies in the second quarter. Texas fielded the next highest number [more...]
Date: 2008-07-20 20:10:33
Outdoor Wire Names Obama “Gun Salesman of the Year”
In recognition of the unprecedented demand for firearms by nervous consumers, ... the automotive and housing industries. It’s credit where credit is due. Mr. Obama has consistently ... been better. Sales are so good that on Tuesday, January 6, the Bureau of Alcohol, Tobacco [more...]
Date: 2009-01-15 01:22:18
Obama - McCain - Obama Can Win; The Economic Problem Is Why
This video was created just before the debate, but my prediction seems to have held and for the reasons I state here ... : 1) According to the Bureau of Labor Statistics, the Civilian Labor Force Participation Rate topped out 10 years ... problems consumer credit shot to rapid rates of annual increase starting just before the turn [more...]
Date: 2008-10-08 07:30:37
US economy shrinks 0.3 percent in third quarter (Lead)
Washington, Oct 30 (DPA) The US economy contracted by 0 ... financial crisis that has blocked credit access and severely depressed consumer spending, the US government said Thursday.The initial estimate by the Bureau of Economic Analysis puts the US on ... [more...]
Date: 2008-10-30 14:13:44
Global Investing Roundups, Tuesday, December 2nd, 2008
NBER: U.S. in Recession Since Dec. 2007; Fed Reserve Could Buy T-Bills; JP Morgan Sees 0% Interest Rates; Pilgrim’s Pride Files for Bankruptcy Protection; Consumer Credit Crunch in the Making; Crude ... has been in a recession since December 2007, the National Bureau of Economic Research said yesterday (Monday). Already [more...]
Date: 2008-12-02 16:25:29
Market Update 01/19/2009
Market Comment Mortgage bond prices fell last week pushing rates higher despite continued signs of economic weakness ... the credit crisis. Consumer sentiment came in surprisingly better than expected despite headlines ... indicator of the state of our economy. This report, provided by the Bureau of the Census, takes [more...]
Date: 2009-01-16 21:27:51
Barack Obama: The Outdoor Wire's "Gun Salesman of the Year"
By Jim Shepherd In recognition of the unprecedented demand for firearms by nervous consumers, ... the automotive and housing industries. It's credit where credit is due. Mr. Obama has consistently ... have never been better. Sales are so good that on Tuesday, January 6, the Bureau of Alcohol, Tobacco [more...]
Date: 2009-01-16 05:10:00
Fed Moves Beat Stimulus in Boosting Economy
Efforts to shore up liquidity in the wake of the subprime collapse are better suited to help the economy than those aimed at boosting consumer confidence and demand, two economists concluded in a National Bureau of Economic Research paper ... aggressively to channel liquidity into credit markets by creating new lending facilities like the [more...]
Date: 2008-08-07 15:20:28
Scribe seeks Rs.3 mn compensation from Delta Airlines
A Kerala journalist has demanded a compensation of Rs ... . In his petition to the District Consumer Protection Redressal Forum here, P. Sreekumar, bureau ... . "We had no extra money with us. But luckily we had with us a credit card and used that." "We have sought [more...]
Date: 2008-10-22 09:02:58
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