How to Safely Build Your Credit History

I’ve heard from several high schoolers and early college students asking for advice on how to build up their credit history in a safe and ... and such, but I don’t know where to start. I’m worried about getting way into debt like some people ... (credit bureaus) that are in the business of collecting the information for credit reports - Experian [more...]

Date: 2008-09-23 20:00:35

Blog posts (19) | Videos (20)
 

Devise your own Credit Repair Plan

by Rob Kosberg You found yourself in a very bad financial situation. You may feel emotional, hopeless, guilty or all of them ... habits. It doesn’t mean a “debt consolidation,” program or a home equity loan .The word is PLAN. You will start by collecting all your credit reports, bill payment statements, and credit card [more...]

Date: 2009-01-14 23:53:58

Fix Bad Credit

by John Cooper You do not have to just wait for negative marks on your credit report to fall off. You can remove them and improve your credit score ... card account the debt has been sold to a collection agency, and the lender has no need to save any ... dispute information requests, and debt validation. You can also help your credit score by opening [more...]

Date: 2009-01-14 19:07:31

Consumer Advice to Ring in the New Year

December 23, 2008 FTC News Release: Nine Consumer Tips to Make the Most of 2009 As 2008 draws to a close, ... credit report with no strings attached. To learn more about credit, mortgages, debt collection ... the Federal Trade Commission has nine consumer tips that can yield big dividends next year [more...]

Date: 2008-12-23 18:24:31

Fix Bad Credit

by John Cooper If you have a low credit score contrary to popular belief you do not have to just wait seven years for your credit report to ... has received some form of payment. For example with a charged off credit card account the debt has been sold to a collection agency, and the lender has no need to save any record of your account [more...]

Date: 2008-12-24 10:55:40

Debt Collectors Are Facing Reality

dreamstimefree_17571302 Are debt collectors starting to face reality when it comes to payment of overdue bills? ... percent to 70 percent of a person’s total credit card debt. After many instances of collection abuse ... to cover their bills in a declining economy. The New York Times reported lenders and debt collectors [more...]

Date: 2009-01-15 15:16:33

How To Stop Bill Collectors From Harrassing You

A reader at Sample Debt Validation Letter asks how to get a collection agent to stop harassing her ... . Who can I report her to? And how do I get her to quit harassing me? The debt is an old credit card ... of all, once you enter the world of defaulted credit card debt - what good is it doing to talk to these people [more...]

Date: 2008-12-02 03:45:37

Do it yourself Credit Repair

by Rob Kosberg One day you realize that you are in a serious personal financial disaster situation ... . You don’t need to rush into “debt consolidation” or “home equity loan.” You can work out a strategic repair plan for yourself. You will start by collecting all your credit reports, bill payment statements [more...]

Date: 2009-01-08 17:46:16

Your Credit Score, Your Sanity

I decided to sign up for credit monitoring at www.myfico ... you for an uncollectable debt, as the original creditor or the assigned collection agency cannot take ... that paying off a collection account will not remove it from your credit report. It will stay [more...]

Date: 2009-01-04 02:41:50

Credit Score Checkup

Earlier this year I checked my credit report and score with one of the big three reporting bureaus. My score at the time was a 696 ... s one reason why I’m so motivated to bring my debt down. In 1 or 2 more years I want to refinance my 7/1 ARM ... faith phone call to collect the debt. I had no idea I was being billed and it’s not my fault [more...]

Date: 2008-12-11 15:48:31

Collection Agency calling from 571-431-1958 (Washington, VA)

Steve reported a Collection Agency (5714311958 from Washington area, VA) . The following comments were posted: AACC AACC AACC 5127689800 AACC 804-234-9056 assetacceptance.com Asset Acceptance is a leading purchaser and collector of charged-off consumer debt. Since 1962, we have provided credit originators such as credit card issuers, consumer finance companies, retail merchants, utilities and others an efficient alternative in recovering defaulted consumer debt. [more...]

Date: 2009-09-25 19:53:49

Horse-race-loving former police chief winds up behind bars

Frank Kessler, former Garden Grove police chief, councilman and mayor, and his wife were arrested Wednesday on suspicion of financial misdeeds, ... and personal loans with a city-issued credit card. They were named in a 21-count district attorney ... card, then charged an additional$2,000 to the card to pay a debt collection agency. The PE reports [more...]

Date: 2008-12-18 19:55:29

Assessing Your Debt Situation

If your debt problems are behind you and you’re only concerned with cleaning up your credit report, skip ahead to Chapter 4, ... hassled by a collection agency, see Chapter 3, Section D. If you face an emergency, act on it at once ... into rebuilding your credit, take care of any financial emergencies. Then you should tally up your debt [more...]

Date: 2009-01-13 04:45:55

Fix Bad Credit

by John Cooper You do not have to just wait for negative marks on your credit report to fall off. You can remove them and improve your credit score ... some form of payment. For example a charged off account has likely been sold to a collection agency ... to dispute the item. These include; escalated dispute information requests, debt validation [more...]

Date: 2008-12-28 13:54:55

The Quest to Eliminate Debt

I am glad to report that we are definitely seeing the light at the end of the tunnel from where we are at ... and I collectively have a total of four credit cards, minus the supplementary card, which generates ... one of the reasons why we paid off the aforementioned credit card balance. Before the next cycle [more...]

Date: 2008-07-16 11:05:42

Common Credit Questions: Should You Send a Debt Validation Letter on an Attorney's Letterhead?

No. Actually, a debt collector may overreact to a DV letter sent from an attorney. You do not want the collection agency/creditor paying too much attention to your dispute. You want them to ignore it so it goes away. The Fair Credit Reporting Act (FCRA) expects that the consumer [more...]

Date: 2008-12-26 19:14:00

The Importance of Repairing Your Credit Report - Yourself!

It seems to be common knowledge today that we are living in a society overwhelmed with debt ... ! Typically it does nothing more then raise red flags at the collection agency’s and can even make it nearly impossible in the future for you to try to re-dispute an item on your own. Collection Agency’ [more...]

Date: 2009-01-15 01:44:04

Funny video: telemarketing prank - adapt it for collectors

Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... Debt buyer LVNV incorrect credit reporting of collection Categories Credit crisis deliberately ... 10-year old debt Bankruptcy filings rapidly increasing, California up 80% Perspective: poverty [more...]

Date: 2008-11-15 20:28:00

How You Can Remove a Collection Account From Your Credit

by Justin Hutto You must dispute a collection, to remove it from your credit report. This dispute needs to be filed with the credit bureaus ... dispute information requests, debt validation, and creditor direct intervention. What is a collection ... to recover payment. It is common for lenders to have an in house collection agency. However many also [more...]

Date: 2008-11-15 18:16:08

19 Results