credit repair: credit creating problems? - 08/21/08 01:25 AM
Would you like a solution?
Are you finding that there are fewer quality qualified buyers?
Are you facing the same problems I am with loans and credit scores?
Are you frustrated by how the banks keep changing the loan requirements?
Is your income and lifestyle being effected by lack of qualified … (6 comments)
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credit repair: Simple Credit Repair for Home Buyers, Refinance, Debt Consolidation. Easy Qualify by Tim Marose - 08/20/08 10:54 PM
Qualifying for a mortgage today is tough! A credit score below 580 makes it almost impossible to get a loan. A score below 650 presents challenges as well. Every point counts, so here are a few simple steps to increase your score in a short period of time.
1) … (0 comments)
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credit repair: How Long do Negative Items Remain on Your Report??? - 08/20/08 11:14 AM
Credit Accounts:
Accounts paid as agreed remain for up to 10 years.
Accounts not paid as agreed remain for 7 years.
Collection Accounts:
Remain for 7 years.
The time periods listed above are measured from the date in your credit file shown in the "date of last activity" field accompanying … (7 comments)
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credit repair: Credit Rapir - Your Client??? - 08/20/08 07:55 AM
I have a question for the almost 56,000 real estate agents, the almost 9,000 loan officers on Active Rain and all of the consumers who read it. I will tell you in advance that I do have my own self-interest in mind when asking this question. Honesty is the best … (2 comments)
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credit repair: (Webinar) Take Control Of Your Financial Future "Credit Restoration" - 08/19/08 09:29 AM
Learn how you can improve your credit scores. Join us on August, 21, 2008 at 9:00 p.m. EST for our (Webinar) Take Control Of Your Financial Future "Credit Restoration". Learn about the credit industry & and how you can improve your credit scores with United Credit Education Services.
To register for … (0 comments)
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credit repair: Finally Credit Repair That Works - 08/18/08 09:28 PM
After trying several credit repair companies. I finally found one that guaratees results!
Thank heaven.
And as a real estate professional you can actually have a link on your website that you can send people to so they can get started. Fact is, if this company doesn't improve a clients credit … (0 comments)
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credit repair: Judments reported on the credit report after a Bankruptcy: Daily Q & A - 08/16/08 10:57 PM
New Daily Q&A’s
Judgment question: If a judgment is included in a Bankruptcy, should the "Amount" for the specific judgment be 0 and should "Status" for the same judgment show "satisfied" on the client's credit report? Reply: Any debt discharged in a BK would have the debt cloaked and … (0 comments)
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credit repair: Texas Veterans Land Board - interest rates - 08/16/08 06:02 PM
The new interest rates for loans through the Texas Veterans Land Board for housing and home improvement loans this week are as follows:
6.12% Base Rate applies to all loans with a term greater than 15 years.
Available Discounts to Base Rate*
Discount for loans with a term of 15 years or … (1 comments)
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credit repair: Market Report - June - Montgomery County, TX. - 08/15/08 09:13 PM
I finally got the June sales numbers. I know it's August and they are a little late. I apologize but it really wasn't my fault. HAR.COM was having some problems with the recent Tempo upgrades. As usual no software change is a good thing when it is initially made. I hope … (0 comments)
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credit repair: Credit Repair Links!! - 08/15/08 01:53 PM
I have been asked by several people who have read some of my credit restoration blogs to provide some additional resources. This particular blog will take care of those requests.
Below you will find three links. The first link is to our short seven minute video on credit repair. The second link connects to our full thirty-three … (0 comments)
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credit repair: Credit Controls Out Lives - 08/15/08 12:35 AM
Over the past four decades we as consumers have gone from spending cash, to writing checks, to using credit cards. In many cases, we are actually borrowing to subsidize our income. The financial institutions that offer credit to the consumers make tremendous profits doing so. Lending, borrowing and credit are going … (17 comments)
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credit repair: Mortgage Fees & Credit Scores - 08/13/08 05:33 PM
I was just reading a bulletin from Freddie Mac dated July 8, 2008 that described their new fee structure as it concerns conventional loans. This does not affect FHA/VA and certain other type special loans. For those of you who don’t know who Freddie Mac or Fannie Mae is they are … (0 comments)
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credit repair: So You Make More Money Now - Why Doesn't Your Credit Score Go Up? - 08/12/08 04:09 PM
Simply put, your income does not affect your credit score. Whether you make 30k per year or 200K - you may share the same scores.
So that opens up the question - "What are the factors that affect my score?"
Here they are:
35% is based on your payment history for … (0 comments)
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credit repair: Credit Score Myths - 08/12/08 11:38 AM
Most individuals who own credit cards annually check their credit scores with the three agencies; Equifax, Experian, and TransUnion. While these scores are important in obtaining credit, loans, and lower interest rates, there seems to be several credit score myths that need to be debunked.
Myth: There is only one credit … (0 comments)
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credit repair: Foreclosures in Imperial County: July 2008 a New High Record Month - 08/11/08 06:53 PM
Foreclosures in Imperial County: July 2008 a New High Record MonthBy Frederic A DinIn my entry from three months ago the number of Notice of Trustee Sale and Notice of Default both listed as Foreclosures set a record during the month of April 2008. You can read that post here: http://activerain.com/blogsview/494587/Imperial-County-Foreclosures-Hit
Imperial County logged the largest amounts notices … (0 comments)
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credit repair: The ten credit myths!! - 08/11/08 01:52 PM
Myths The Credit Bureaus Want You To Believe-By Bobby EnrightMyth No. 1 - It is easy to dispute a credit report. Consumer's can resolve their own issues.To be honest, it IS simple to challenge a credit report. However, as an everyday person, it's amazingly difficult and frustrating to get results from … (0 comments)
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credit repair: Get Pre-Qualified BEFORE Looking at that New Home - 08/11/08 08:30 AM
I met with a family that found themselves in a real predicament this weekend. First they call me wanting to see some rental homes. Sure, I scheduled some showings and met them in Glen Burnie.
We get to the first house and they love it but it's not ready yet - … (1 comments)
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credit repair: Need Credit Repair? Check Out Credit Repair Expert Bill Lewis on Streaming Audio - 08/09/08 06:10 AM
Do you have bad credit? Are you in need credit repair? Care to repair your own credit or even hire a credit service organization? Before you do so, you should tune into the Credit Restoration Consultants Hour with credit repair expert Bill Lewis. Bill can be heard weekday's on the 9's … (0 comments)
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credit repair: Stop Collectors with a Cease and Desist Letter - 08/09/08 06:02 AM
Debt collectors are highly motivated to convince debtors to pay the debt because they frequently work on a low base pay plus commission. This business model has created the reputation for bill collection agencies that we know today.The collector might engage in threatening behavior and harassment. However, like any other business … (0 comments)
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credit repair: Micro-Mini Version of the Credit Restoration Consultants Hour - 08/09/08 06:00 AM
Have bad credit? Need credit repair? Care to repair your own credit or even hire a credit service organization? Before you do so, you should tune into the micro-mini version of the Credit Restoration Consultants Hour with credit repair expert Bill Lewis. Are you unable to tune into Bill's regular show … (1 comments)
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credit repair: Lease Option/Purchase Program For your Credit Challenged/Declined Buyers - 08/08/08 11:53 PM
This is a nationwide program, and we have a very large pool of investors. I represent the investor, and will pay a 25% referral fee if you refer me your lease option client.
Basically, the way it works is an investor purchases the home of your client's choice (must be competitively priced … (5 comments)
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credit repair: as seen in - nmb - The Official Publication of the National Association of Mortgage Brokers - 08/08/08 01:32 PM
August 2008 volume 24 number 8
… (0 comments)
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credit repair: Didn’t You Say Credit Repair is Free? - 08/08/08 10:45 AM
Click here for full story and testimonial
Does the credit repair that your friend Brian offers is it free. I've been looking at your blog for about three years now and I remember you saying several times that credit repair should be free.
Also, that ultimate credit guy you was … (4 comments)
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credit repair: Garaunteed Credit Repair - 08/07/08 08:51 PM
State of the Market,
The problem with today's market is obviously the fraud that was not only encouraged, but embraced by Wall Street over the last ten years. In my opinion, what the agencies, meaning Fannie Mae and Freddie Mac are looking for is zero foreclosure to offset the rampant foreclosures … (0 comments)
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credit repair: Have Bad Credit? Check Out Credit Restoration Consultants - 08/07/08 03:14 PM
Have bad credit? Need credit repair? Care to repair your own credit or even hire a credit service organization? Before you do so, you should tune into the Credit Restoration Consultants Hour with credit repair expert Bill Lewis. Bill can be heard weekday's on the 9's - both 9:00 a.m. and … (0 comments)
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credit repair: What Makes A Good Credit Repair/ Optimization Company? - 08/07/08 01:49 PM
In the past two months I have been reacquainting myself with the mortgage business after working in the Title Insurance and Realtor Training arenas for the past two years. Now I remember what I hated the most about lending...turning eager buyers away because of damaged credit.
So I went searching for … (1 comments)
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credit repair: Life after a short-sale... what now? - 08/06/08 11:15 PM
No matter where I look, all I see and hear are short-sales. They seem to be the biggest ticket item out there. I have met with and spoke to many sellers, Loan Officers and Realtors who claim to know all about them but have no idea how the process works or … (0 comments)
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credit repair: Credit Report Repair- Fix your credit and gain control of credit score - 08/06/08 10:06 PM
… (0 comments)
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credit repair: Life After Bankruptcy - 08/06/08 07:54 PM
By Dana Mundy, Certified Mortgage PlannerAmeriChoice Home Loans
Tri-Cities, WA - Bankruptcy is an uncomfortable subject for a variety of reasons. The most obvious is the potential havoc it can wreak on your finances. Running a close second is the negative stigma which is often attached to the process. This negativity … (0 comments)
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credit repair: How to Protect Your Minor Child From Identity Theft - 08/06/08 09:06 AM
A new variation of identity theft has substantially gained in popularity over the last four years - child identity theft. Child identity theft occurs when a child's identity is used by another person for the imposter's personal gain. The perpetrator may be a family member or someone known by the family. It could … (0 comments)
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credit repair: How to Beat the Bill Collector with Sample Cease and Desist Demand - 08/06/08 09:03 AM
Debt collectors are highly motivated to convince debtors to pay the debt because they frequently work on a low base pay plus commission. This business model has created the reputation for bill collection agencies that we know today.The collector might engage in threatening behavior and harassment. However, like any other business … (0 comments)
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credit repair: Have Bad Credit? Need Credit Repair and Credit Restoration? Contact CRC Today - 08/06/08 08:59 AM
Do you have bad credit? Need credit repair or credit restoration? Care to repair your own credit or even hire a credit service organization? Before you do so, you should tune into the Credit Restoration Consultants Hour with credit repair expert Bill Lewis. Bill can be heard weekday's on the 9's … (0 comments)
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credit repair: Increasing your monthly positive point payments to increase credit scores - 08/05/08 10:59 PM
Your payment history accounts for 35% of your credit score according to Fair Isaac. The most common advice you will hear from every so called "credit expert" is make your payments on time. While this is the basics of building and maintaining a good credit score let's go way beyond that.
… (14 comments)
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credit repair: When it Comes To Credit Repair, Timing Is Everything - 08/05/08 09:28 PM
I have had the privelidge of contributing to the newest newspaper publication in Scranton, "The Scranton Post". It is a wonderfully unique paper with a concentration on local content.
Since the paper comes out biweekly and is only available mostly in stores in Scranton, I wanted to republish my contribution here … (0 comments)
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credit repair: Credit score cost - 08/05/08 04:23 PM
This is sort of an advertisement. I admit it. But it is an advertisement designed to help anyone thinking about buying a home in the next six months to a year. I was just talking with a loan officer who is working on a non-FHA loan for a client of mine. … (0 comments)
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credit repair: Child Identity Theft - 08/04/08 09:44 AM
A new variation of identity theft has substantially gained in popularity over the last four years - child identity theft. Child identity theft occurs when a child's identity is used by another person for the imposter's personal gain. The perpetrator may be a family member or someone known by the family. It could … (2 comments)
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credit repair: Stop the Bill Collector with a Simple Cease and Desist Order - 08/04/08 09:39 AM
Debt collectors are highly motivated to convince debtors to pay the debt because they frequently work on a low base pay plus commission. This business model has created the reputation for bill collection agencies that we know today.The collector might engage in threatening behavior and harassment. However, like any other business … (1 comments)
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credit repair: Credit Restoration Consultants Returns to the 6th Annual Starlight Greater Open Golf Tournament - 08/04/08 09:36 AM
Credit Restoration Consultants (CRC), a credit service organization specializing in the restoration of consumer credit worthiness and identity theft, has once again returned to the Starlight Greater Open Golf Tournament as the presenting sponsor. Having surpassed its 2007 goal, CRC pledges even more support for 2008!
As a devoted supporter of … (0 comments)
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credit repair: Bad Credit - Credit Repair - Fix Bad Credit - Credit Restoration - 08/04/08 09:34 AM
Have bad credit? Need credit repair? Care to repair your own credit or even hire a credit service organization? Before you do so, you should tune into the Credit Restoration Consultants Hour with credit repair expert Bill Lewis. Bill can be heard weekday's on the 9's - both 9:00 a.m. and … (3 comments)
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credit repair: Child Identity Theft - 08/04/08 06:51 AM
A new variation of identity theft has substantially gained in popularity over the last four years - child identity theft. Child identity theft occurs when a child's identity is used by another person for the imposter's personal gain. The perpetrator may be a family member or someone known by the family. It could … (0 comments)
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credit repair: Free Credit Repair made simple - 08/03/08 11:40 PM
The Problem with Credit Repair Companies
So many people are offering you a small piece of advice for free and then, WHAM! When you click on a link, you can get the "scoop" for a price. Whether it is $1.00 or $50.00, it's too much. All of this … (0 comments)
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credit repair: Premier Credit Express... The LEADERS in Credit Repair - 08/01/08 02:56 PM
We are a National Credit Restoration company with 12 years in the business. We are proven leaders in the industry. With Today's housing market in such a disarray and Lender requiring a FICO score of 720, DON'T turn client's away. WE CAN HELP!
We offer:
State of-the-art online tracking system that … (8 comments)
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credit repair: Warning - Shark Bite Alert! Credit Repair Offers Can Hurt Your Customers. - 08/01/08 11:37 AM
All of these new Credit Repair Companies are coming in like a swarm of Sharks! Noting that this is the next new huge profit making opportunity. Likely you are being marketed to as well. Watch out, the FTC has strict guidelines and laws governing these companies. I will tell you what … (8 comments)
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credit repair: Are you being marketed to by loan officers to Repair Credit for Clients? Watch Out!! - 08/01/08 10:17 AM
Recently, I have been bombarded by Credit Repair Companies promising to increase by borrowers credit scores. These sometimes, Law Firms, are offerring me an Affiliate Fee for my referral of clients. The fees range anywhere from $35.00 to $300.00.
Likely, you are being marketed to as well. Let me give you … (21 comments)
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credit repair: What Effects Our Credit Scores Negatively? - 07/31/08 11:41 PM
Have you ever wondered what effects our credit scores negatively?
There is first of all the obvious:
Recent late paymentsOld collection accounts
New collection accounts
Too Many inquiries
Judgements
Tax liens
Bankruptcies
Then there is not so obvious:
Outstanding balances on our credit cards (even when paid on … (1 comments)
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credit repair: Short sales/foreclosures - OPPORTUNITY knocks - 07/31/08 05:01 PM
Okay I know you hear this everyday but I am here to help you. And guess what it won't cost you a thing....not one dime. Put your checkbook away. I have a new strategy for you. I believe it will help you make more sales and yes it will help me … (4 comments)
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credit repair: The Scranton and NEPA Credit Repair Blog Has Begun! - 07/31/08 03:16 PM
Hello and welcome to my Credit Repair Blog!
I'm very excited about this blog because I believe that I can help a tremendous amount of people. I have met countless people who had bad credit due to circumstances beyond their control.
Unfortunately, the credit reporting system is set up for failure … (2 comments)
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credit repair: PLEASE check your credit! - 07/31/08 01:17 PM
As most of you know in addition to being a real estate agent I also act as an Executive Consultant for a national membership firm involved in credit restoration and financial improvement. I had the occasion this week to give a small seminar on Tuesday to about forty real estate agents … (0 comments)
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credit repair: Credit Repair - 07/30/08 09:03 AM
You see the advertisements in newspapers, on TV, and on the Internet. You hear them on the radio. You get fliers in the mail. You may even get calls from telemarketers offering credit repair services. They all make the same claims:
"Credit problems? No problem!"
"We can erase your bad credit … (0 comments)
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credit repair: Overview of Credit - 07/29/08 05:03 PM
Even though an applicant can afford a mortgage today, will he or she continue to pay on it for years in the future? In short, what is the applicant’s financial reputation?The best guide to a person’s future action is the person’s past actions. The obvious place to start is with the … (0 comments)
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credit repair: Operate Your Own Credit Repair Business - 07/29/08 04:15 PM
Is the real estate industry getting you down? Is the mortgage crisis and your inability to close loans making you feel tired and frustrated? Do you have a burning desire to change your current situation? If so, you’re not alone…..and you don’t have to go work for someone! Over 100 million … (9 comments)
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credit repair: Questions and Answers on Credit Repair and Credit Restoration - 07/29/08 02:03 PM
My primary purpose for this post is to get an idea of the views on credit repair and preconceptions of credit repair as it relates to the mortgage industry. Although the majority of Credit Restoration Consultants referral sources stem from the mortgage industry, there are many loan consultants who have questions as to … (0 comments)
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credit repair: This Blog May Contain Material Not Suitable For Underachievers - 07/29/08 11:57 AM
THIS is your credit before HTDI Financial.....
THIS is after HTDI Financial is finished....
Any Questions?
Now is the time to get started with our broker program at http://www.ConvertTurnDowns.com and start turning those dead deals into DEALS!
Our average fix/delete ratio is over %46 in just the first 45 … (0 comments)
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credit repair: Is Credit Repair A Legal Solution To A Big Problem? - 07/28/08 02:21 PM
It is sad to say but our society seems to decide our value by our credit line or credit worthiness. With a good credit report, it is likely you will participate in and enjoy many of the finer things in life. However if your credit report is "challenged", you probably will … (0 comments)
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credit repair: CREDIT REPAIR- FIX YOUR CREDIT TODAY- FREE CREDIT REPORT REVIEW - 07/27/08 10:41 PM
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credit repair: Credit Repair - 07/27/08 04:39 PM
There has been alot of talk about Loan Officers taking on the role of doing credit repair on people that that have to low of credit scores. Some will charge a fee for the knowledge on how to better the clients FICO score to get ready to obtain a mortgage. This … (5 comments)
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credit repair: Credit Repair Scams - 07/26/08 10:29 AM
Credit Restoration ScamsEveryday in the Real Estate industry I hear how bad the market is. The media, poor agents, and clients that do not understand how the market works are making this career feel like the sky is falling....well it's not. Yes, we are experiencing a period of cooling off because … (1 comments)
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credit repair: Violations of the Fair Credit Reporting Act (FCRA) - 07/25/08 01:34 PM
There is a disturbing development in violations of the Fair Credit Reporting Act (FCRA) that has been taking place with "debt scavenger" companies who purchase old debts. These third parties buy old bad debts in bulk for pennies on the dollar and then contact you trying to collect. Often these debts … (0 comments)
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credit repair: Huntsville Alabama real estate credit, foreclosures, mortgage and events - 07/25/08 01:03 PM
Sell your home with the help of your agent and the Internet (24/06/08 12:14:44) The Internet's rocketing number of real estate-relatedWeb sites have made the information super hig ...
Controlling those Credit Card Purchases (04/06/08 13:05:55) If youÂ’re like most people, you probably keep a couple of credit cards … (0 comments)
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credit repair: Charge-offs - The facts! - 07/25/08 12:32 PM
A charge-off typically occurs when a company's accounts receivable department determines that a debt will remain uncollectable and should be written off. When a charge-off appears it means that a prior collection or default has already placed on your credit report.
If in September 2007 you were 30 … (2 comments)
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credit repair: HTDI Financial's Proven Results - 13 Deletions from TransUnion dated 07/08/2008. - 07/25/08 12:29 PM
HTDI Financial's Proven Results
13 Deletions from TransUnion dated 07/08/2008.
Two collection/charge-offs from HSBC Bank DELETED
Two collections from RJM Acquisitions, LLC DELETED
One collection/charge-off from Leland Scott and Assoc. DELETED
One collection from Credit Collection Service DELETED
One collection/charge from Accelerated Revenue, Inc. … (2 comments)
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credit repair: Are you headed into foreclosure? We are Short Sale Specialists - 07/24/08 03:30 PM
Here's a loud shout out to all the sellers and investors who are headed into short sales situation or behind in your mortgage payments.
eRealty has an option to help save your credit and pull you out of rough times. eRealty has partnered with BGS3's comprehensive Short Sale Program to employ … (0 comments)
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credit repair: Home buying fear - 07/24/08 09:50 AM
I was shocked. Actually I was probably more like astounded than anything at what I had just read. On this rainy dreary morning on the gulf coast of Texas, currently suffering the hangover of Hurricane Dolly, I needed to refill my coffee mug, grab a cigar, yes I smoke those when I need to contemplate the world, … (0 comments)
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credit repair: Free Information On Improving Credit Score~101 Tips - 07/24/08 01:16 AM
Hello everyone! As we all know there is a credit crunch going on! I'm offering free information on improving your credit score. I will give you 100 Tips on Understanding your credit and improving your score. It is too much overwhelming information to put into a Blog but I will email … (2 comments)
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credit repair: HELOC's and your credit... How does that work? - 07/23/08 10:23 AM
A good question I've been getting a lot from customers is...
'How does a HELOC affect my credit rating?'
Well, thanks for asking! A HELOC with a line exceeding $50,000 would report the same as a mtg tradeline on your credit. A HELOC with a line less than $50,000 would be treated … (1 comments)
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credit repair: Tips to repairing your credit and get ready to buy a home in the near future - 07/22/08 03:15 PM
We get great questions asking us how to get your credit back in shape to purchase a home. Here are a few things that you can do that will get you on your way! With the real estate market in position to decline for a minimum of next 18 to 24 … (0 comments)
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credit repair: Clean up credit score to land a sweet mortgage rate - 07/22/08 10:13 AM
An article from USA Today, reports that most lenders will review your FICO score when you apply for a mortgage. According to Mavel Vargas, manager of lending research for Informa Research Services, a few months ago, borrowers with a FICO score of 700 usually qualified for the lowest mortgage rates. Now, though, most … (0 comments)
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credit repair: Luci Dixon of Prysma Lending Group joins AR - 07/22/08 09:23 AM
A warm welcome goes out to Luci Dixon, associate, now friend. I worked for Luci as her Director of Marketing at Power Lending Group LLC years ago. Now she is an account exec. with Prysma Lending Group out of Connecticut.
We have been come friends and I suggested she join us … (17 comments)
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credit repair: Webinar Invitation: Inrease Sales with Credit Restoration - 07/21/08 10:58 AM
… (2 comments)
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credit repair: Credit Coaching - Not Credit Repair - 07/20/08 06:31 PM
… (0 comments)
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credit repair: How the Credit Scoring Model Works on CD Free - 07/18/08 01:51 AM
How the Credit Scoring Model Works on CD Free
For those who live in California we do LIVE credit improvement and overall financial health seminars for your office and or clients, it is about an hour and a half seminar. Read our testimonials to see how people go wow!
… (0 comments)
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credit repair: Be a Credit Repair Profesional for an extra income. - 07/17/08 05:56 PM
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
Our Professional Credit Repair Software is a Complete Business Solutions with advance marketing platform for a credit repair company, mortgage brokers, realtors
<script src="swfobject.js" type="text/javascript"></script>
<!--
body {
background-color #E3E4E0
}
alink {
color #454738
text-decoration none
}
avisited {
text-decoration none
color … (0 comments)
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credit repair: Mistakes On Your Credit Report - 79% Of The Time! - 07/17/08 12:55 PM
According to "Mistakes Do Happen: A Look at Errors in Consumer Credit Reports " a recent report by public issues watchdog U.S.Public Interest Research Group (USPRIG.) There is a one in four chance your credit report contains an error serious enough to cause you to be denied credit. 79 percent of … (4 comments)
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credit repair: Keeping Bad Credit Costs More Than Repairing It - 07/17/08 12:15 PM
Have you ever stopped to think what having BAD CREDIT is costing you? How much have you paid in additional interest and fees due to your poor credit rating? One estimate is that a poor credit rating costs the average consumer $3000 per year or $50,000 in a lifetime due to … (0 comments)
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credit repair: 10 Myths Of Credit Repair - 07/17/08 12:07 PM
Myth # 1 - When I pay off a past-due account, such as a charge off or a collection account, it will show “paid” and no longer be negative.
It is difficult to fully restore your credit without paying your outstanding debts. However, paying off a debt can actually hurt your … (3 comments)
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credit repair: Repair Your Credit Before Applying For A Mortgage - 07/17/08 12:04 PM
Fooled into satisfaction by the fact that they can make a larger down payment on a new home with funds received from the sale of their “old”, some sellers fail to address negatives on their credit reports and thereby suffer such consequences as higher interest rates and additional costs associated with … (1 comments)
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credit repair: Credit Scores - The Basics - 07/17/08 11:42 AM
Good credit is important in America today because so many of the things that we want
to buy must be financed or purchased on credit.
And once you have had a bad credit rating it is almost impossible to avoid detection.
A network of credit reporting agencies keeps track of … (1 comments)
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credit repair: Can You Trust Credit Restoration Companies? - 07/17/08 09:50 AM
I am often asked, "Can you trust credit restoration companies?" Is there anyone out there who does what they advertise? I must admit that many of these companies are not trust worthy.
Beware of companies who make promises of guaranteed credit repair. The client is part of the … (0 comments)
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credit repair: Help; How Do I Repair My Credit - 07/17/08 05:28 AM
Credit repair is a million dollar industry with a lot of scams. Finding
a loan with poor credit isn't hard, getting a decent interest rate can
be. When you clean up your credit
report you end up saving hundreds, if
not thousands, of dollars in interest charges.
We … (1 comments)
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credit repair: What is a credit score? - 07/17/08 12:31 AM
… (0 comments)
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credit repair: How Does Credit Card Debt Effect Our Scores? - 07/16/08 10:11 AM
I am often asked about how credit card debt effects credit scores. You would be surprised how paying down your credit card debt can raise scores significantly. If we allow our balance to get to 50% of our credit limit, it effects our scores negatively even though we are paying them … (5 comments)
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credit repair: LET’S TALK CREDIT REPAIR – WE WILL TRAIN YOUR OFFICE - 07/16/08 12:36 AM
LET’S TALK CREDIT REPAIR – WE WILL TRAIN YOUR OFFICE, FREE!
Give your Real Estate or Loan Broker office the edge!
Runtime: 90 minutes
National Trainer, radio personality, and passionate speaker Mickey O’Brien has daily interaction with consumers who have credit and overall financial health issues.
… (1 comments)
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credit repair: Bad Credit Repair by the Credit Repair Experts of Credit Restoration Consultants - 07/15/08 06:44 PM
Have bad credit? Need credit repair? Care to repair your own credit or even hire a credit service organization? Before you do so, you should tune into the Credit Restoration Consultants Hour with credit repair expert Bill Lewis. Bill can be heard weekday's on the 9's - both 9:00 a.m. and … (0 comments)
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credit repair: Is Credit Repair Really Legitimate? - 07/15/08 10:08 AM
Is credit repair really legitimate? Can credit scores really be improved dramatically in a few months time? There is so much scam out there it is hard to know who you can trust and if it will really produce the results you are looking for.
I know, I have had … (4 comments)
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credit repair: Avoid credit repair scams - 07/15/08 12:01 AM
Avoid credit repair scams
Cleaning up your credit history could get you into more of a financial crunch if you hire the wrong company.
Here's how to not get conned.
These days’ banks are tightening up their guidelines and are clutching on tighter to the almighty dollar, making it harder … (0 comments)
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credit repair: Anyone Can Turn Bad Credit Around - 07/14/08 04:19 PM
If we understand credit it is our friend. If we don't understand credit it can be our enemy. Many people do not understand the basics of good credit nor do they know how to turn around their bad credit situation. There are certain fundamentals, if applied properly, that will turn any credit situation … (6 comments)
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credit repair: DVD Recomendation "Maxed Out" - 07/14/08 12:13 PM
Maxed Out is a feature-length documentary I just learned about. It is about the financial industry and the lengths banks will go to in order to turn a profit, and is directed by James Scurlock.
If I hadn't already torn up most of my credit cards, Maxed Out would have been … (0 comments)
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credit repair: Increase your credit score overnight - 07/14/08 12:04 PM
Help your clients increase credit score overnight
Here is a little known secret in the credit file industry that many people fail to even look into. When it comes to open charge cards, your FICO score will go down generally if your card balance is over 70% of its maximum. … (2 comments)
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credit repair: New Housing Dynamic - Pt 2 - 07/11/08 11:49 AM
New Housing Dynamic - Pt 2
The first person I would like to address in what I called in my last blog the "New Housing Dynamic", is the home buyer. Without the buyer we have nothing. You can have all of the sellers you want, a million real estate agents, a … (1 comments)
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credit repair: The Useless Online Dispute System - 07/11/08 10:18 AM
The Useless Online Dispute System
The online disputes system, otherwise known as the "Expedited Dispute Resolution" Section 611a(8).
The key phrase to note is;"the agency shall not be required to comply with paragraphs (2), (6), and (7) with respect to that dispute" if they delete the tradeline within 3 days."
… (2 comments)
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credit repair: Top 7 Things NOT To Do (The 7 Deadly Credit Sins) - 07/11/08 01:37 AM
Top 7 Things NOT To Do (The 7 Deadly Credit Sins) 1. Do NOT attempt to repair your credit without being properly informed. You need to do your research before attempting to repair your credit file or you may do more harm than good. 2. Do NOT file bankruptcy until … (0 comments)
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credit repair: Free Sample Debt Settlement Offer Letter - 07/11/08 01:02 AM
Free Sample Debt Settlement Offer Letter
Today's Date
Your Name Home Address Phone Number
Attention: {name of collector or collection agency}
RE: Collection letter dated {date of letter here} or phone call on {date of call here} reference account #: {account or reference number}
Dear {Collector's or Collection … (0 comments)
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credit repair: Credit Repair: The Truth About What Can and Cannot be Done - 07/11/08 12:56 AM
Credit Repair: The Truth About What Can and Cannot be Done
Contrary to what the credit bureaus would like you to believe, credit repair does work and can work for 100% of people in most circumstances. This is, of course, provided you are getting the best advice and have an … (0 comments)
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credit repair: 5 Biggest Credit Mistakes & How You Can Avoid Them - 07/11/08 12:43 AM
5 Biggest Credit Mistakes & How You Can Avoid Them
Imagine spending a third of a million dollars more than someone else just because your credit score wasn’t as high as theirs. Unfortunately, it happens all the time. This happens all the time to consumers who have a lower … (1 comments)
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credit repair: Mortgage Scammers prey on People in Foreclosure, Promising to Save Your Home - 07/10/08 07:39 PM
The experience of foreclosure is bad enough without mortgage scammers preying on you. When the foreclosure process begins, it is a matter of public record and enough information is published for the scammers to find you and promise to save your home with their unique, creative financing program.
One well … (0 comments)
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credit repair: Credit Repair - What Does It All Come Down To? - 07/10/08 05:07 PM
Credit Repair - What Does It All Come Down To?
It all comes down to whether or not the negative items on your credit report are meeting the requirements of the law, the Fair Credit Reporting Act. If they're not, or they are not verified within a reasonable … (6 comments)
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credit repair: Verifying Your Down Payment, Closing Costs, Assets, Income and Debts - 07/10/08 02:14 PM
A critical step in the mortgage loan application process is to verify the sources for your down payment, closing costs and assets, as well as documenting income and debts. The lender uses this step to determine your qualifications as a borrower.
Down Payment & Closing Costs
Documenting that the down payment … (0 comments)
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credit repair: How much can you afford? - 07/10/08 01:57 PM
Deciding how much house you can afford is a personal decision.Many factors come into play.How much can I borrow? How much can I put toward my down payment? What size monthly payment can I afford?
There are no black and white answers to these questions. Its a … (0 comments)
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credit repair: Credit Repair - 07/10/08 12:10 PM
As times get harder for more and more people in this "wonderful" economy we have. I have come across those that are still trying to buy homes with horrible credit. They come in talking about FHA, and a friend told them this....they don't seem to understand that CREDIT is their lifeline … (0 comments)
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credit repair: Credit Repair Companies - Pros? Cons? Thoughts? - 07/10/08 02:45 AM
By JC Kadii, MortgageVirtualAssistant.comSM
In this tightening market, a borrower's credit profile is more important than ever.
I find, however, that many of my clients are reluctant to work with credit repair or restoration companies.
So, I am requesting feedback from mortgage and real estate professionals (not credit … (8 comments)
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