credit cards: Shop at the Wrong Stores and Have Your Credit Limit Reduced - 03/17/09 05:48 AM
Sunday one of my media contacts told me that he had found out that credit card companies have already started reducing their customers' available credit based upon their shopping patterns.  He said that card issuing banks are looking at where you use your card.  If they determine that other customers who shop with the same merchant have a higher default rate than normal, they will then classify you as a higher risk and reduce your credit limit - even though you have a perfect payment history.  One of the merchants that he specifically mentioned was Wal-Mart. 
 
"Guilt by association" or … (0 comments)

credit cards: Three Requirements for Getting Back Your Life - 02/26/09 10:46 AM
Here are some nuggets that may help you turn your life (and business) around. 
 
 Step1:  Constantly Innovate. 
 Be daring.  This recession - which I call the Great Depression of the 21st Century - has caused us to endure the pain of change.  We were comfortable during the last decade and especially during the real estate boom.  In fact we got complacent as we expected the good days to last for ever.  However, to survive and recover, we must be willing to embrace change as we continually reinvent ourselves and our businesses.  If a week from now you look back and … (0 comments)

credit cards: The Potential of Lost Homebuyers - 02/26/09 07:18 AM
Consider this.  You've faithfully made your mortgage payments on time for 27 years.  Your job income or your business profits have been pretty steady and reliable.  Your credit scores have been great.  In fact, for years your mailbox has been full of pre-approved credit card solicitations and offers from your local car dealers telling you that you can afford the most expensive cars on their lots.  And then all of a sudden in September 2008, like a bunch of lined up dominoes, US banks begin to tumble one after the other.  The news has been all about billion dollar bailouts.  HR … (4 comments)

 

Tim Brunson

Anniston, AL

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Buyers USA Relocation

Address: Post Office Box 367, Anniston, AL, 36202

News and information concerning the real estate industry and profession. Information relevant for home buyers and sellers.


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