Protect Your Good Credit

When I tell mortgage applicants that, if they’re in credit counseling, they are less likely to qualify for a home mortgage, they are agast!
Since most consumers seek credit counseling in an effort to improve their credit worthiness, it is clear that the information given to them at the onset by credit counselors, fails to […]

I’ve said it before and I’ll say it again, “If it seems to good to be true, then it probably is. You can’t get something for nothing!”
Credit card companies have long been encouraging consumers to sign up for their card by offering “introductory” teaser rates. For a while, it worked. I know […]

As Hurricane Dennis plows across the Gulf of Mexico toward the US coastline, I am reminded of my experiences when Hurricane Isabelle slammed inland and hit Richmond in September of 2003. While I faired better than most and had only minor damage from downed trees, I was glad that I had prepared for the […]

There’s been another ‘breach’ of security and the credit cards of almost 40 million citizens have been compromised. This time, instead of losing the data being sent from one location to another, security at the collection point has been breached.
First of all, according to news reports from CNN and others, the vendor, […]

With all the recent reports of credit data being compromised one way or another, you must take care that you are not creating the risk of exposure yourself.
Wi-Fi advertisements are springing up like yard onions. Every coffee house, sandwich shop, hotel or major transit stop provides free Wi-Fi. While it’s convenient, being able […]

Along with creditor’s loosing data, marketer’s unauthorized access and miscellaneous credit bureau mishaps, there could be more risks with trying to check your credit online or accepting other offers for “free” reports. If you are concerned about your credit score, identity theft, inaccurate reporting of your credit and check it though a vendor offering […]

You may have heard recently in the news that a large creditor recorded several million Amercian consumers’ personal information on a data-storage disk/tape and shipped it via “a reliable courier” to the credit bureaus. The only problem is it never arrived and can not be found.
What does this mean? To one of my […]

In the world of real estate investment, there are a number of ways to find great deals on properties. Some of these techniques are perfectly acceptable, reasonable approaches to purchasing real estate. Others, however, take advantage already financially-distressed homeowners by offering so-called solutions which can be misleading.
Homeowners who find themselves in financial difficulty, […]

Specific steps should be taken regarding your credit report, whether you have good credit, bad credit or no credit. With the boon of technology and the information available from various sources, it is extremely important to do everything possible to limit access to your personal information.
Don’t use your social security number for […]

Consumers are unaware that credit bureaus are putting them at risk!