Debt Management

Debt not only causes stress and worry, but it could also harm your credit rating ... this to the credit bureaus. The negative report in turn has a huge impact on your credibility and your credit score. When deciding whether or not to take on new debt it is important to consider [more...]

Date: 2009-01-16 20:45:59

Blog posts (7) | Videos (49)
 

Old Debts Under $100 Don't Matter Under FICO '08 [Fico]

An update to how the new FICO '08 scoring system got revamped this year: Collection ammounts where the original debt was under $100 will be totally disregarded, MarketWatch reports . Back in Feb we reported that they would still be taken into account but only matter less. Also, FICO'08 has been rolled out to all three credit bureaus since last month. Before it was only being tested at one and there was some disagreement over whether all the bureaus would accept it. [more...]

Date: 2009-09-24 17:00:00

How Can Lawsuit Funding May Help To Avoid A Bad Credit

Many lawsuit plaintiffs have financial troubles while they wait for a settlement problem that could make more low their credit level . Credit reports are piled up by firms named credit bureaus that get reports directly from lenders about their customers paying practices. Founded on a debtors history of paying bills and the amount of debt the man has , credit bureaus go with a credit score for each man . [more...]

Date: 2009-09-30 13:20:28

Credit and Debt Resources [MsMoneyGirl.net Stock Magazine]

T. D. Jakes new book "Before You Do" hints at how soon-to-be couples should sit at the table to analyze each other’s financial situation ... to receive a score and a report from the TransUnion, Experian, and Equifax credit bureaus ... report, Get Your Equifax Credit Report Now! An equifax credit report can be obtained on this link [more...]

Date: 2008-10-15 09:59:37

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

Debt Relief Services

We’ve spent a bit of time here talking about various ways to prepare your finances, in both good times and bad ... of this payoff, the creditor will report to the various credit bureaus that the debt has been paid ... , including a great FAQ on credit card debt consolidation and other debt consolidation programs [more...]

Date: 2008-12-18 03:59:06

Increase Your Credit Score - Use It or Lose It!

In case you did not know, I am a huge Dave Ramsey fan. This guy simply understands what it takes to truly become debt free ... learned a lot. During one of his lecture, he mentioned the fact that since he does not use credit ... not qualify for financing. I understand how the credit reporting bureaus calculate your credit [more...]

Date: 2009-01-02 21:44:16

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