Protect Your Good Credit

It costs us millions every year. Can you afford it?
Data security experts in Europe don’t collect statistics on identity theft because it’s not seen as enough of a problem. Conversely, the Federal Trade Commission reports that over 10 million Americans are victims of identity theft each year.
Europeans, as a rule, have national identity […]

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 […]

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, […]

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!

Creditors nor credit bureaus are held responsible when they make mistakes but, I can assure you, we, as consumers, are definitely paying for them.

Creditors do not have to prove their derogatory credit claims unless they are disputed!

Despite my knowledge of the credit reporting industry and working with clients’ credit daily, I have never received a clear explanation for the discrepancies I find in how credit scores are calculated.
If you go to the website for each bureau and manage to maneuver through the multitude of solicitations, you will find some […]