As you might suspect from the title of this article, there is both good and bad that could result from being an authorized user.  In my quest for information on this subject (more…)

The following link is called “Building a Better Credit Record” and is from the Federal Deposit Insurance Corporation’s site

federalreserve.gov/pubs/consumerhdbk/histories.htm#build

In this current real estate market where there are more sellers than buyers with varying degrees around the country, old tried and true practices are back in vogue. When properties are sitting on the market with no activity, it is important for sellers to (more…)

Lis Pendens (Latin for “suit pending”) is a written notice that a lawsuit has been filed concerning real estate.  A property that has a lis pendens filed against it in county records is about to become a foreclosure.  If you are the mortgagor on such a property then take courage; it is not too late to redeem your house with the help of a “Foreclosure Bailout”.  (more…)

Good credit was extremely important for our parents.  The use of credit cards was for emergencies and large purchases.  In those days, our parents made payments on time and paid off the credit quickly.   Now it seems that credit for our (more…)

You may not be aware of the fact that the credit bureaus are profiting from the sale of your personal data.  Attached is an article from the Washington Post titled “Credit Bureaus Share Your Loan Application” which describes this secret activity.  (more…)

I have enclosed a letter from one of the collection agencies. This was removed as I disputed the fact that I had moved and never received their first notice, second notice, third notice, etc. They did not even have the right address for me, so I disputed that also. I then asked them to send me a copy of the original bill. (it was valid) and I agreed to pay the amount if they would remove it from the bureaus. The amount by the way was $68. (more…)

A Chapter 13 Bankruptcy involves making monthly payments to a trustee.  If you have filed for a Chapter 13 Bankruptcy and own a home, then you may be able to pay off that Bankruptcy using your equity.  This type of transaction is commonly referred to as a “Bankruptcy Buyout”.  (more…)