Five Scary Facts About Money
Sometimes fact is scarier than fiction. The next time you pull out that dollar bill, you may want to take some of this information into consideration. Whether its the money itself or the way we handle it, there are some surprising statistics at play. Perhaps understanding them upfront is a good idea. #1 The Flu is [...]
The Secret To Credit Repair
We are repeatedly asked, "What is the secret to fixing credit". The answer is, always and unequivocally, found in one's bank statements. The cornerstone of any credit repair process is not in the credit report itself. The credit report is simply a report card of the behaviors that led to the information being reported. How you [...]
Florida Nurses! Listen to this…
Florida Nursing Loan Forgiveness Program In an effort to encourage qualified nurses to employ themselves in our state, the Florida Legislature established the Nursing Student Loan Forgiveness Program (NSLFP) in 1989. This little-known program will pay up to $16,000 in student loans ($4,000 per year for four years). Be advised that there is a finite [...]
Seem Like You Can’t Get Rid of That “Thing”?
Seem Like You Can’t Get Rid of That “Thing”? Shelf Lives Of Bad Credit Items We are often asked how long something stays on your credit. Even if you pay off a bad debt, it is still a matter of record on your credit report and will remain there for some time. When you falter [...]
Unbelievable 300% Interest Rate
Unbelievable 300% Interest Rate: This is real! It amazes us what people endure during hard times. This customer not only got locked into this RIDICULOUS title loan contract, but because it was related to the owner of a pawn shop, it was actually a pawn loan. That means it restarts every month. So even though [...]
Those Debt Collectors Have Balls
Those Debt Collectors Have Balls! Ever notice how debt collectors always seem to pop up at the worst time? It's like they seem to know when you are resolving issues to buy a home. They don't exactly have crystal balls- they have access to your credit. If you or someone you know is about to [...]
The Snooze Button
Hitting the Snooze Button (Financially)? The end of the year is approaching. Now is the time to start preparing to make next year a different year financially. The year is almost over. You keep hitting that snooze button on your budget, you will be repeating the same habits next year. You know it- we know [...]
Reaching Out to the Bureaus
If you are looking to dispute items on your credit report there are several laws that you may want to familiarize yourself with first. One of these laws is found in section 611 of the Fair Credit Reporting Act -FCRA 611 (15 U.S.C. §1681i). This section of the law explains the responsibility (or lack thereof) [...]
“Don’t Pay the Debt Collector!” They said!
He Who Talks It Is Usually Full Of It If you read the Facebook blogs and the online spam from many credit repair companies, you will find a lot about how to handle debt collectors. One of the many narratives you will see is the claim from some credit repair companies that under no circumstance [...]