July 21, 2007

Credit Counseling & Credit Scores

My credit report has several accounts listed as being managed by consumer credit counseling agencies.  This is not the case – how did that get on my credit report?  Is it hurting my score?  What can I do? 

Also, if my credit increases due to being added as an authorized user on someone’s credit card, how does the derogatory credit affect my score then?

Thanks for your help.

Christina (more…)

May 7, 2007

Help me… help you. Help me, help you.

All of your Credit Repair, Mortgage, & Stump the Experts (although ‘experts’ is debatable) are in the HELP CENTER.

Read, learn, write, mail, negotiate, write, mail and Raise Your Credit Score!

December 12, 2006

Stump The Experts

Stump the Experts?  You must forgive me for my liberal use of the word expert.  Still – no matter how you slice and dice it – Dale and I do have a combined fifty-five years of experience in the mortgage biz and that means we’ve looked at a bazillion credit reports.  So if you have any questions about mortgages or credit reports then fire away

By the way, it’s so much easier to answer a question from a visitor that clicks on “Stump The Experts” than it is to create a new blog article from scratch.  This year, I’ve developed a whole new appreciation for the authors of blogs out there.  I’m mumbling Broken Credit blog articles in my sleep.  Credit repair mortgage repair credit repairing – excuse me.  See what I mean?

So I dare ya.  I double dare ya!

Click on Stump The Experts….

How to Avoid Foreclosure

The guidance below (and in the “How to Avoid Foreclosure” pamphlet) is applicable to homeowners with FHA Insured loans. While a good deal of this information may apply to all homeowners in danger of losing their homes, not all of the foreclosure avoidance tools mentioned may be available to you if you have a VA or conventional loan. Additionally, HUD/FHA does not have any Loss Mitigation oversight over VA or conventional loans. Please contact your lender or a housing counseling agency. (more…)

December 10, 2006

The Reverse Mortgage – Reverse Your Thinking

It’s survival of the fittest – yes, those who possess the most wealth, strength, and intelligence are the winners, the pre-eminent society.  This is how the world measures success.  Is this how you measure success?  I have to make a living.  I have bills to pay.  What about those less fortunate?  In the end, the litmus test for society and for each individual for that matter, will not be measured in silver or gold, the hundred yard dash, or putting a man on Mars – although as mankind judges, this does seems true.  No, contrary to modern day media’s bombardment of have this and have that and be this and be that, is a message of mercy.  For he shall have judgment without mercy, that hath shewed no mercy; and mercy rejoiceth against judgment.  Do you want to gauge a given people’s social consciousness?  Look to their elderly. (more…)

October 20, 2006

For People on Debt Management Plans: A Must-Do List

Reputable credit counseling organizations employ counselors who are certified and trained in consumer credit, money and debt management, and budgeting. Those organizations that are nonprofit have a legal obligation to provide education and counseling.

But not all credit counseling organizations provide these services. Some charge high fees, not all of which are disclosed, or urge you to make “voluntary” contributions that can cause you to fall deeper into debt. Many claim that a debt management plan is your only option before they spend time reviewing your financial situation, and offer little or no consumer education and counseling. Others misrepresent their nonprofit status or fraudulently obtained nonprofit status by misrepresenting their business practices to regulators. (more…)

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