Credit/Debt Consolidation Vs. Negotiation

Understanding Credit Counseling with Credit/Debt Consolidation VS. Debt Negotiation VS. Credit Repair

Consumer Credit And Debt Counseling Finding the appropriate credit solutions for your challenged credit situation can be confusing, tricky, and can affect your debt and credit differently.

It is extremely imperative that before you commit yourself to a specific direction, to regroup your credit. You should be aware of all the benefits, consequences and risks (immediate and in the future) that are involved with the choice that you make.

This article will provide you insight to the consequences benefits and risks of each choice. [Read more…]

The 10 Commandments Of Buying A Home

Home Buyer 10 Commandments

Buying a home with a mortgage loan? Be careful you obey these ten commandments for a smooth closing.

Ten Home Buying Rules

#1 – When buying a home Thou shalt not change jobs, become self-employed or quit your job.

#2- Thou shalt not buy a car, truck or van (or you may be living in it)!!

#3 – Thou shalt not use credit cards excessively or let current accounts fall behind. [Read more…]

7 Rules of Negotiating Debt

Debt Negotiation Trying to dispute, reduce, or remove debt from your credit report? Here are 7 Rules for Negotiating Debt…

Rule #1 – Document A Dispute

The smartest negotiating tactic thing to do before settling a “recent” debt is to document (certified mail or email) a “dispute” as to the total amount of monies owed. Be precisely this general but this wording of specifics, Independently, A summary judgment (automatic/no trial verdict) requires that the defendant not had a previous dispute as to the alleged amount of monies owed prior to the inception of the lawsuit. [Read more…]

7 Obscure Tips To Improve Your Credit Score

Credit Score Tips Don’t miss these 7 random credit tips that are obscure and yet so very valuable.

Credit Tip #1 – Divorce Issues

If you are in the middle of divorce, and you don’t have a lazy family law attorney, you can legally prevent certain items from reporting on your credit report (by way of a judge’s order, until such time as credit judgement occurs). For example: if the spouse took the pick-up truck and fled out of state and they decide to make payments every other month to screw up the other spouse’s credit – there is a legal remedy to save the credit report. [Read more…]

What Factors Influence Your Credit Scores?

Credit scoring factors Your credit report is considered to be your ‘financial fingerprint’. This file that remains with you is arranged and divided as described below.

Payment History (35%)

Account payment information on specific types of accounts (credit cards, retail accounts, installment loans, finance company accounts, mortgage, etc.)
Presence of adverse public records (bankruptcy, judgments, suits, liens, wage attachments, etc.), collection items, and/or delinquency (past due items) [Read more…]