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Information on mortgages, home equity loans, and consumer credit to help you use the power of financing to your advantage.
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Many people face financial crises at some time in their lives. Whether the crisis is caused by personal or family illness, the loss of a job, or simple overspending, it can seem overwhelming, but often can be overcome. The fact of the matter is that your financial situation doesn't have to go from bad to worse.
If you or someone you know is in financial hot water, consider these options: realistic budgeting, credit counseling from a reputable organization, debt consolidation, or bankruptcy. Lendingtips has complied the articles below to help w/ the rebuilding process.
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• FREE Credit Report and Credit Score.
• Credit Repair Services vs. 'Do-It-Yourself' Credit Repair. Millions of Americans suffer because of bad credit these days, and almost all of these people turn to the Internet for help. In the past 5 years hundreds of ‘internet-based’ credit repair services have sprung up, preying on consumers in need of real help. Most of these companies have built less than desirable reputations by over-promising and under-delivering; all the while taking millions of dollars from those in need.
• Five Easy Steps to Repairing Your Credit. Have you damaged your credit rating, and now need to repair it? It can be a long, tedious process, if you aren’t sure of exactly what to do. And if you decide to work with an agency that specializes in this type of work, you’re paying someone to do work that you can do yourself, for free. This article will discuss what options you can take to repair your credit, yourself, without having to pay a penny to do it.
• FTC Bans Bogus Operator from Credit Repair Business. An operator who charged consumers for services he did not deliver and misrepresented customers’ credit worthiness to the credit reporting agencies has been banned for life from operating a credit repair business. Settlement of the charges also bars further violation of the Federal Trade Commission Act and the Credit Repair Organizations Act (CROA), and requires the defendant to pay $100,000 in civil penalties.
• Knee Deep in Debt. Having trouble paying your bills? Getting dunning notices from creditors? Are your accounts being turned over to debt collectors? Are you worried about losing your home or your car?
• Fair Debt Collection. If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error is made on your accounts, you may be contacted by a "debt collector."
• Credit Repair: Help Yourself First.
• Dealing with Debt. Are you having trouble paying your bills? Are you getting dunning notices from creditors? Are your accounts being turned over to debt collectors?
• Erase Bad Credit. The ad claims, "Erase bad credit or reduce payment to your creditors!" What’s true and what’s hype? No matter what the ad states, a poor credit history can’t be erased...but there are some things you can do.
• Credit and Divorce. Mary and Bill recently divorced. Their divorce decree stated that Bill would pay the balances on their three joint credit card accounts. Months later, after Bill neglected to pay off these accounts, all three creditors contacted Mary for payment. She referred them to the divorce decree, insisting that she was not responsible for the accounts.
• Your Debts and Debt Collectors. You are responsible for your debts. If you fall behind in paying your creditors or an error is made on your account, you may be contacted by a "debt collector." A debt collector is any person, other than the creditor, who regularly collects debts owed to others. This includes lawyers who collect debts on a regular basis. You have the right to be treated fairly by debt collectors.
• Dealing with Debt. Are you having trouble paying your bills? Are you getting dunning notices from creditors? Are your accounts being turned over to debt collectors? Are you worried about losing your home or your car?
• How to Dispute Credit Report Errors.
• Solving Your Credit Problems. Your credit report influences your purchasing power, as well as your chances to get a job, rent or buy an apartment or a house, and buy insurance.
• If You Are A Victim of a credit repair scam - Where to Complain.
• Improving Your Credit Report. Under the law, both the Credit Reportinig Agency (CRA) and the organization that provided the information to the CRA, such as a bank or credit card company, have responsibilities for correcting inaccurate or incomplete information in your report.
• Credit Repair Scams. You see the ads in newspapers, on TV, and on the Internet. You hear them on the radio. You get fliers in the mail.
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| ©2005 Lendingtips.com All rights reserved. |
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Lendingtips.com 464 Oak Avenue Naples, FL 34108
Phone (239)877-7835 Fax (239)594-5686
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