Credit Information

19,178 Identity Theft Victims Per Day - Are You One Of Them?

Identity theft statistics are shocking. And we are told that it will only become worse, before it gets any better. Are you likely to be affected?

Credit Damage: Getting Compensated for Your Loss

Until recently lawyers for victims of credit damage had little possibility to collect for damages beyond medical treatment, lost wages and property loss. Insurance companies threw up their hands in sympathy, claiming victims can only be compensated for what can be measured ? tangible goods and services. But, what happens when the victim has lost considerable time from work, the family bank is broke and monthly payments on mortgages, car loans and credit cards payments are missed? Regardless of the haggling between lawyers and insurance companies, it?s the credit victim who ends up having to live with a bad credit rating.

3 Ways to Improve Your Credit Score by 50 Points In Less Than 30 Days

In Less Than 30 Days. "What can you do to increase that set of three numbers on your credit report that can be so important with your financing?" I came across this question as I was surfing discussion groups the other day.  Check out my answer: Dear Friend, Here are 3 steps I used to take my credit score from 592 (horrible credit) to 762 (perfect credit) almost overnight.  If you?re interested in improving your credit rating quickly, you?ll find this story helpful: In 1995 I made a decision that would ruin my perfect credit history.  I quit my salary job to become an insurance salesman.  The job paid commission only.  Within a few months I lost everything - house, car, credit rating and my self respect. By the end of 1996 I was living with my mom, all my credit accounts were severely past due,  and I was paying 22% interest on a broke-down green Geo Storm...I was a real loser.  Then, in 1997, I became a banker.  I didn?t know it at the time, but this would turn out to be the break I needed to eliminate my credit problems forever.  During my seven years as a banker, I came across several legal and highly effective ways to improve my credit rating.  As a result, I was able to increase my credit scores by an average of 170 points.   Here?s what I did: Step #1: After spending hundreds of dollars on credit repair services that didn?t work, I found out how to get negative accounts removed on my own.   Basically, I wrote letters to the collection agencies requesting proof that the accounts were mine.  89% of the time they had no proof that the bad accounts belonged to me.  So I was able to get them deleted from my credit file. Step #2:  I opened new accounts with high credit limits and kept the balances low.   I discovered that if you keep your available credit limits high and only use 10% to 30% of the credit you have available, your credit score will improve dramatically.  Step #3:  Next, I added accounts with years of perfect payment history to my credit file.  This step took my credit score from 647 to 762. While you can certainly add seasoned accounts to your credit file for free, there are companies that claim they can do it for a fee.   The problem is, they charge between $2,000 and $2,500 per account.  If you want a 700+ credit score you?ll need 3 to 4 of these accounts. That equates to a cost of $6,000 to $10,000.   (You can conduct a search on your favorite search engine for companies that offer this service.)  While there are several highly effective steps you can take to increase your credit scores by as much as 200 points, these are the main ones...And here?s the good news:  Each step can be completed in less than 30 days. 

To Repair Credit Is No longer Satisfactory - Learn How To Earn A Millionaires Credit In 30 Days...

To repair your bad credit does not necessarily mean that you now have a good credit, absolutely not.

4 Steps to Creating Good Credit

As a consumer you?ve learned the importance of establishing a good credit rating with your lenders. Whether you are shopping for a new home or auto, or searching for the best deals on insurance, your credit worthiness will be judged by your credit rating or credit score.

Beware of Falling Minimum Payments

If you opened a credit card statement recently and were pleasantly surprised to find that your minimum payment due was lowered, don?t be so quick to ?jump for joy?. What may appear as a small boost to your monthly budget is actually the rock that can weigh you down in debt for a lifetime.

Convenience Can Be Costly

You?ve just opened your credit card bill and attached to your statement you find a ?convenience check? included. It may already be filled out with a dollar amount such as $300, $500, or even $1,000. Your mind fills with ideas of what you could buy with this ?instant? money. A new summer wardrobe, a nice dinner and tickets to a concert, a weekend getaway.

Credit Repair Scams

?Erase Bad Debt !?

Debit Card vs. Credit Card, What Are The Differences ?

Ah, the ?good old days?. If you are a baby boomer, like me, then you probably remember how important it was to rush to the bank on payday. You had to get there before the teller lanes closed so that you could have your ?cash allowance? for the week. Otherwise, if you needed cash you had to write a check, then go to the bank, and ?cash? the check for real cash.

How Healthy Is Your Credit

There?s only one way to discover the ?health? of your credit. You need to examine your credit report. Your credit report is your ?consumer identity? that potential lenders will use to judge your credit worthiness.

Top 5 Credit Misconceptions

We have all heard the rumors?from neighbors, relatives or friends. There are a wide variety of myths floating around about what you should and shouldn't do to improve your credit reports and credit scores. The buck stops here! Phelps Creek Financial Coaching has exposed these urban legends to provide you with the truth about credit...

Your Guide On Choosing a Credit Card To Suit You

Reach into your wallet or purse, pull out a card, swipe, and you?re done. It is very easy to use a credit card. The problem lies in choosing a card ? and it has nothing to do with the picture on the front! Choosing a credit card that works best for you is vital to your credit rating. If you choose incorrectly, you may find yourself in deep debt trouble. Here is some basic, yet extremely important, information that will help you make the right choice.

4 Steps You Can Take If Your Online Credit Card Application Has Been Refused

Help! I?ve Been Turned Down

7 Surefire Ways To Repair Bad Credit

Do you have a poor credit rating? If so, you are one of tens of thousands of Americans with the same problem. In fact, it seems that this has become a national ?disease.? And just what do people need that have a disease? They need a cure.

5 Surefire Ways To Eliminate Credit Card Debt

Do you have enormous credit card debt? You are certainly not alone. According to research, the average family in the United States has $7000 in credit card debt and pays about $1000 in interest each year! Throw in a late payment or two, or an over-the-limit charge, and that number skyrockets. Imagine what you could do with that $1000 if it weren?t being spent on interest.

More Articles from Credit Information:
2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at


Credit Suisse CEO pay falls after shareholder mutiny
Credit Suisse Chief Executive Tidjane Thiam earned slightly less in 2017 during his third year on the job, as shareholder scrutiny during the final stages of a major overhaul dampened executive pay. Thiam earned 9.7 million Swiss francs ($10.26 million ...
Credit Suisse Signals Higher Pay for Thiam After Bonus DroughtBloomberg
Thiam's earnings dip as Credit Suisse overhauls executive payReuters
Credit Suisse CEO Tidjane Thiam Was Paid $10.2 Million in 2017Wall Street Journal
MarketWatch -Financial Times
all 47 news articles »

Seeking Alpha

Macro And Credit - The Zimmermann Telegram
Seeking Alpha
"No matter what political reasons are given for war, the underlying reason is always economic." - A. J. P. Taylor, British historian. Looking at the evolution of the trade war rhetoric in conjunction with cold war 2.0 heating up following the events in ...


How The Fed Rate Increase Impacts Credit Card Debt - Forbes
The Fed just hiked interest rates by 0.25%, and more rate hikes are expected. What does this mean for people with credit card debt?

and more »


Credit Suisse CEO pay falls in 2017
Credit Suisse CEO pay falls in 2017. Reuters Staff. 1 Min Read. ZURICH (Reuters) - Credit Suisse (CSGN.S) Chief Executive Tidjane Thiam earned 9.7 million Swiss francs ($10.26 million) in 2017, a 5.3 reduction over his prior-year compensation ...

Krebs on Security

Survey: Americans Spent $1.4B on Credit Freeze Fees in Wake of ...
Krebs on Security
Almost 20 percent of Americans froze their credit file with one or more of the big three credit bureaus in the wake of last year's data breach at Equifax, costing consumers an estimated $1.4 billion, according to a new study. The findings come as ...
The Equifax hack netted the credit bureaus $1.4 billion in fees from ...BGR
Financial Newsletter - ZacksZacks
Equifax, Inc. - EFX - Stock Price Today - ZacksZacks

all 70 news articles »

Credit Reporting Firms To Omit Tax Liens From Consumer Reports
The three credit reporting firms said Thursday (March 22) that they will be deleting liens from 5.5 million consumer credit reports and will no longer be adding new tax lien information, according to news from The Wall Street Journal. That means ...


Chinese consumers are increasingly preferring to buy domestic: Credit Suisse
Chinese consumers, especially the younger ones, increasingly favor local brands, a Credit Suisse survey has found. The bank, which released the Emerging Consumer Survey report Wednesday, found 19 percent of Chinese consumers surveyed saying local ...
Credit Suisse's Love for Tech Stocks Unfazed by Facebook CrisisBloomberg

all 8 news articles »


Chinese companies are set to boost Southeast Asia's e-commerce market: Credit Suisse
Chinese companies like Alibaba and Tencent are bringing their investments and technology to the Southeast Asian region, Credit Suisse's head of emerging Asia economics said. The e-commerce market in the 10-member Association of Southeast Asian Nations ...

and more »

Toledo Blade

Lucas County Treasurer's credit report not yet released
Toledo Blade
Lucas County Treasurer Lindsay Webb β€” who two months ago said she intended to release her credit report after a financial matter threatened her candidacy β€” has declined to provide the record. Ms. Webb said Jan. 18 she expected to issue the document ...

Trump Takes Too Much Credit on ISIS -
President Donald Trump said nearly all of the land once controlled by ISIS in Syria and Iraq has been retaken and β€œit all took place since our election.” But even the State Department's senior envoy to the anti-Islamic State coalition said in December ...

and more »

Google News

home | site map
© 2005