Posted by in Credit Score on June 9, 2014
Will the rise in inflation impact your credit score?
Credit reports provide an overall credit score, a tool that lenders use as a basis for all of their credit application decisions.Each time you apply for credit, whether that's a loan, a mortgage, a store card, a credit card, or even a mobile phone …
Read more on The Independent
Repaying loans on time alone won't ensure good credit score
Everybody knows that defaulting on a loan will automatically bring down one's credit score. But people are not aware that there many other factors such as delayed reporting of data by banks, identity theft by fraudsters, guaranteeing a loan that has …
Read more on Economic Times
Posted by in Consumer Fraud on June 8, 2014
Arizona Attorney General files consumer fraud lawsuit against private special …
Arizona Attorney Tom Horne has filed a consumer fraud lawsuit against a Pinal County private school that provides non-traditional classroom settings for children with special needs, as well as gifted students. Horne filed the lawsuit in Maricopa County …
Read more on Phoenix Business Journal
U.S. probing at least 10 banks, processors for fraud: documents
WASHINGTON (Reuters) – U.S. federal prosecutors have opened criminal probes of four payment processors, one bank and some officials as part of a wide-ranging consumer fraud probe, according to documents released on Thursday by a congressional …
Read more on Business Insider
Stepping Up To Fight Consumer Fraud And ID Theft
Mountains of personal information have been stolen from some of the world's largest corporations this year. That's one of the reasons behind Illinois Attorney General Lisa Madigan's push to educate local leaders on consumer fraud and ID theft.
Read more on WNIJ and WNIU
Posted by in Debt Management on June 4, 2014
Finance Ministry Launches Debt Management Advisory Committee
In a bid to tackle debt challenges in the country, the Ministry of Finance and Economic Affairs, last Thursday launched a Debt Management Advisory Committee (DMAC), aimed at regulating government's financing and payment obligation needs at the lowest …
Read more on AllAfrica.com
'Domestic Debt Characterized By High Interest Cost'
High interest cost on Gambia's domestic debt has been seen as one of the factors slashing the country's economy. This was disclosed yesterday at the launch of The Gambia's Debt Management Advisory Committee (DMAC) at the Kairaba Beach Hotel by the …
Read more on AllAfrica.com
Debt management company Debt Help & Advice ceases trading
The Financial Conduct Authority (FCA) believes the company – based in Stockport but registered in Cumbria – has between 3,000 and 3,500 customers that have a plan with it or its many affiliated firms. The FCA has warned people with a debt management …
Read more on Credit Today
Posted by in Consumer Credit on June 3, 2014
New York, NY (PRWEB) June 02, 2014
New construction projects are happening in the state of Florida that have little to do with the expansion of the Panama Canal. The JWB Real Estate Capital company is now helping investors throughout the country to build more income through its rental homes in Jacksonville, FL at http://www.jwbrealestatecapital.com.
The struggles felt by stock market investors who diversify investment dollars into technology or alternative energy stocks are not currently felt by men and women entering the housing market, according to recent industry news.
Investment growth is now stronger in the rental industry and the JWB company has altered its financial path to capitalize on new income streams.
“A person who is not familiar with investment property as an immediate source of cash flow is the perfect candidate for our turnkey property investing packages,” said one housing support specialist from the JWB Real Estate Capital company.
While the current market for home sales has slowed in some U.S. states, men and women who rent homes due to personal choices or credit issues has expanded. The JWB company is active in the city of Jacksonville and regularly builds new homes to include in its turnkey rental investing network.
“We have a unique system in place this year that makes it easier for any adult to invest money in the housing market and immediately earn monthly returns,” the housing support specialist said.
The JWB Real Estate Capital website now presents accessible content that helps new investors to learn the rental industry. A complimentary audio and textual training course can now be downloaded to help investors learn about the cash flowing rental industry.
The JWBRealEstateCapital.com company launches investment programs each year that help consumers to get started owning property in key areas of the country. The company focuses on its growth in the Jacksonville market due to the rental income increases annually. The JWBRealEstateCapital.com company promotes easy navigation on its website to make sure that potential investors receive accurate housing information. New chat systems on the front page of the website connect specialists with investors.
Posted by in Credit Repair on June 2, 2014
How To Identify Credit Repair Problems
There are lot of Credit Repair Companies that provides Credit Repair help for the individuals who have Bad credits; Even so, it doesnt mean that they can genuinely assist you fix Bad credit promptly. Many times, it can take few months to see the effect and cost you lots of money. In an attempt to get a loan there are many people who get hopeless and start searching for those Companies who can do work on their Credit Report and build it credit worthy.
It is genuine that there are lots of Companies who act on the Repair of reports and help people. The lot other factor is as well true that there are lot of Companies who advertize about themselves, so that naive people can be hooked off their nasty earned money. These are mostly scams, which mark people in despairing need for a loan.
Credit Bureaus or Consumer Credit Reporting Agencies accumulate or collect information about mortals, their borrowing habits, spending habits and repayment habits. The Credit Bureaus then send this information to loaners. This is surely not against any law. Credit Repair demands having obsolete, inaccurate or unverifiable info abstracted from the reports collected by the Credit Bureaus.
Credit Repair which is purely legal can better lower interest rates, Credit scores and save customers money. Companies which provide instant Credit Repair might be wastage of time and money. These companies might even give suggestions which are against the court law. Credit Repair which is very effective and legal, is definitely not a waste of time or money is not instant. The Federal Trade Commission urges that consumers must be aware of any Company which provides instant Credit Repair.
They try to place the Credit files of the individuals who have passed away or of the youth who are under the age group of 18. They as well try to place the files of individuals who are old and live on other states. They begin off by getting their Social security number. The agency steals the data away and utilizes it to make a new record for the individuals.
These kinds of organizations or companies come up with catchy and lofty advertisings which instantly catch the attention of the individuals. They are highly aggressive in their promise and style the customer to make a new account for them, in which there could be no shadows of the past. This is totally illegal which many of the people are not aware of. The consumer must take care of the construct that they dont fall prey to these types of companies, who are essentially involved in some or the other form of illegal activity. There are traditional procedures of working out on the Report.
Posted by in Home Loan on May 31, 2014
Some cool mortgage images:
Foreign Legion, 4th Liberty Loan Drive, New Orleans, Louisiana., 10/02/1918
Image by The U.S. National Archives
Original Caption: Foreign Legion, 4th Liberty Loan Drive, New Orleans, Louisiana., 10/02/1918
U.S. National Archives’ Local Identifier:165-WW-233A(4)
From: American Unofficial Collection of World War I Photographs, compiled 1917 – 1918 (Record Group 165)
Created By: War Department. (1789 – 09/18/1947)
Persistent URL: arcweb.archives.gov/arc/action/ExternalIdSearch?id=533665
Repository: NARA’s However Imagine Records Section, National Archives at College Park (College Park, MD)
Access Restrictions: Unrestricted
Utilize Restrictions: Unrestricted
For Home plus Country/Victory Liberty Loan
Image by Library Company of Philadelphia
World War I-era poster shows soldier carrying child plus girl inside his arms. The clothing of the 3 figures mirrors the red, white, plus blue banner which appears above the words "Victory Liberty Loan." The soldier’s helmet hangs about a cord about his throat, as well as the female admires a medal found on the left side of his uniform. Published by the American Lithographic Co. N.Y., artist: Alfred Everett Orr, ca. 1918.
Accession Number: P.2284.50a
Robert Hope became a resident of Newcastle on Tyne. In the early 1970s he took out a bank loan to purchase a Rolleiflex camera.
Over the upcoming several years he photographed numerous Newcastle scenes, including the Grainger Market as well as the demolition of housing estates inside the West End of the city.
Robert Hope died inside 2001.
Thanks to Steven Hope for donating the collection to Tyne & Wear Archives & Museums.
(Copyright) We’re happy for we to share this digital image in the spirit of The Commons. Please quote ‘Tyne & Wear Archives & Museums’ whenever reusing. Certain restrictions about top quality reproductions plus commercial employ of the authentic bodily variation apply though; when you’re uncertain – for image licensing enquiries please follow this link www.twmuseums.org.uk/image-licensing/
Posted by in Credit Report on May 28, 2014
Question by Shelbi Rose: What is a credit report plus credit score?
I’m 19 plus I virtually feel retarded which I don’t recognize this. It was not taught to me thus I would too only ask. What is a credit report plus credit score? What are they for? What elements may affect them? What scores are regarded as superb? How are you able to check it plus manage it? HELP!
Answer by ec123456789able
a credit report is a report of the financial standing. ie, how much of the risk you are from a bank’s point of view when they want to lend we funds. a credit score is a means of scoring a standing.
Give the answer to the query below!
Posted by in Transunion on May 27, 2014
Question by nikkiv28: Transunion?
I am trying to go onto transunion on get my report and score, but when i log onto it, and try to buy it, it is adding on experian and equifax also, i dont need them i already got them from the other sites. I only want transunion..any help?
Answer by Max Messner
Check out my source link for more details on myFICO services, which offers you your score and report from TransUnion for $ 15.95.
On my source link, check out the FICO Standard Plan, which gives you your score and report from your choice of the 3 major credit bureaus, and then choose to receive your info from TransUnion.
Hope this helps.
Give your answer to this question below!
Posted by in Personal Finance on May 25, 2014
Personal finance with Scott Burns: Always worry when someone invites you to …
Q: I have been informed about a group that finances receivables and sells them to investors, who get a return of 5 to 7 percent. I have never heard of this type of investment. Apparently you must be “invited” to invest. Have you heard of this? Is this …
Read more on Inland Valley Daily Bulletin
Best loan rate starts to beat mortgages
Hitachi Personal Finance, Sainsbury's Bank and Tesco all offer loans under 4.5pc, while many standard variable rates (SVR) on fixed rate mortgages are still priced at around 5pc. Santander's SVR, for example, is 4.74pc. >> Our mortgage "best-buys" here …
Read more on Telegraph.co.uk
Posted by in Credit Application on May 23, 2014
Image by Museum of Hartlepool
Alarm clock with a piece of German shell embedded in the dial. The clock was damaged during the bombardment of the Hartlepools on 16th December 1914. It is said that the clock stopped at the time of the shell hitting it. The clock belonged to a resident at 14 Collingwood Road but is now part of the collections at the Museum of Hartlepool and is on permanent display. Ironically the clock was manufactured in Germany. HAPMG : 1990.6.1
Images from Hartlepool Cultural Services that are part of The Commons on Flickr are labeled ‘no known copyright restrictions’ indicating that Hartlepool Cultural Services is unaware of any current copyright restrictions on these images either because the copyright is waived or the term of copyright has expired.
Commercial use of images is not permitted. Applications for commercial use or for higher quality reproductions should be made to Hartlepool Cultural Services, Sir William Gray House, Clarence Road, Hartlepool, TS24 8BT. When using the images please credit ‘Hartlepool Cultural Services’.
Credit application leads to arrest of Cellular Plus theft suspect
Police say Devin Alan Papka, 24, of Everett went into Cellular Plus at 98 Minor Road in Kelso on Sunday and provided an photo ID as he filled out a credit application for pre-paid minutes. According to the store employee, Papka asked for something in …
Read more on Longview Daily News
Identity Theft Protection Firm LifeLock Pulls Apps And Deletes User Data Over …
The Android app is still technically in the Play Store, but it's only visible with a direct link to those who have installed it before. The app invited users to securely log personal information like driver's licenses, credit cards, account numbers …
Read more on Android Police
4 steps to a better credit rating
This is why whenever you apply for a loan or credit card, the first thing the bank does is take a quick peak at your credit report. Banks have easy access to your credit report in part due to the fact that all banks within Malaysia are linked directly …
Read more on Free Malaysia Today
Posted by in Mortgage Refinance on May 21, 2014
Question by itguru5354: What is mortgage refinance?
What is mortgage refinance? I have a house, and I’m nearly pay off. Someone was telling to refinance to purchase another house.
Answer by Serge M
Mortgage refinance is paying off the old mortgage by obtaining a new mortgage on the property. This may be done because the old mortgage has a high interest rate and the new mortgage has a lower rate so that your monthly payments are lower. For example, your 30 year 7% mortgage has 23 years to run and you can get a new 30 year mortgage at 5.5% with a balance large enough to repay the first mortgage. Your monthly payments would be lower because you have a lower interest rate and the payments are stretched over 30 years instead of the remaining 23 years.
With your house nearly paid off, you could refinance by getting a mortgage for a larger amount than your current mortgage. You could then use the additional money you borrow to invest. Whether this is wise depends on many factors, including your investment experience, your desire to increase your debt and make payments for many more years, the type of investment you plan to make, and many other factors. Borrowing on your house to buy a second house would leave you with two large mortgages which may be defficult to pay. Think twice before you get into such a situation.
Know better? Leave your own answer in the comments!
Posted by in Credit Score on May 20, 2014
Question by citrusurprise: Credit Score?
Does having cash obtainable in checking/savings impact my credit score? Or is it greater to take which cash plus pay any debts?
Answer by kta kta
it has no impact on a score.. We must repay because much debt as possible afford- otherwise you’re spending a $ about paying interest found on the debt.
What do we think? Answer below!
Posted by in Debt Counseling on May 19, 2014
by LSE Library
Question by c p 9: what is debt counseling in houston?
Answer by VaTy
debt counseling in Houston for a free relief from the overall debt. The Debt counseling in Houston promises to let you make a single low monthly payment to disburse to all your creditors.
By using this method, the debt counseling in Houston hopes to greatly decrease a prospective client’s current total debts. The debt counseling in Houston hopes to give you as little stress as possible to your overall debts.
If a client will join the debt counseling in Houston, they will negotiate with the creditors of the client into accepting the monthly payment being proposed. This will greatly reduce the interest rates, aside from eliminating any additional fees. Aside from all of these services, debt counseling in Houston hopes to provide assistance in re-aging your accounts.
What do you think? Answer below!
Posted by in Bankruptcy on May 17, 2014
The minimum thing any established individual would like to arise to him or herself is to end up having nothing, because inside zero at all. With the aftershock within the worldwide recession, a great deal of businesses ended up closing, plus hundreds of thousands of employees from all over the globe lost their jobs. It’s not surprising that many of they ended up declaring Bankruptcy.
Again, everybody certainly doesn’t like to declare which they are absolutely bankrupt. Bankruptcy is a state inside that the individual doesn’t have any asset anymore—money or any property. The real measuring of bankruptcy is whenever a individual has a great deal of financing which weren’t settled. When a individual couldn’t pay for all his financing, what arises is the fact that the lending organization sequesters everything which the debtor has from his cash savings to all his qualities. The worse case will be whenever the debtor has absolutely provided all his funds plus qualities, yet he or she nevertheless has a remaining loan to be paid. That signifies the debtor is absolutely inside a full state of bankruptcy, plus which there is not a different method to recover nevertheless to take into account a sponsor or benefactor. Avoiding being bankrupt is simple when the debtor just knows how to manage their financing. Having many financing is regarded as the principal root causes of Bankruptcy, plus if you need to be spared from this quite embarrassing financial state, then you need to revisit all a financing plus do the required company very to the finances thus which we won’t end up getting bankrupt. What we only need to do is to have a credit repair thus to result in the mandatory changes to the credits which we have thus which we won’t pay for unwanted expenses.
Aside from being familiar with the financing which we have, avoiding Bankruptcy begins within the value of controlling yourself from incurring more financing inside the future. If you can stop oneself from getting more individual financing or from utilizing the credit card more usually, then we won’t undoubtedly receive bankrupt.
Posted by in Credit Counseling on May 16, 2014
Question by chant: Why is credit guidance thus terrible? terrible?
I like to refinance my house plus was told which credit guidance may be condition. I thought credit guidance will be a superior thing considering I’m striving to receive bills paid off. The credit guidance business didn’t tell me which being enrolled inside credit guidance might have a damaging impact on my credit. How will I correct this? After chatting with my mortgage broker he explained to me which credit guidance businesses don’t tell we which being inside credit guidance can be a issue. Credit guidance businesses merely wish the cash. HELP………..
Answer by casper
What do we think? Answer below!