Credit Education Archive for March, 2010

• Benefits of looking at your credit report

  by Janet Lacey

  Everyone wants to be financially stable today and is willing to do whatever it might take to ensure that they don t have to worry about money problems for the rest of their life. One way of ensuring that this happens is by doing something as simple as looking at your … (more) March 31, 2010

• Understanding Collection Agencies

  by Janet Lacey

  Some borrower can be confused with the reason why collection agencies or CAs are more than willing to exert full efforts in collecting debts. Collection agencies like all other businesses are profit based companies; they give these collection efforts in exchange of percentages and allowances from the collected debts. Most … (more) March 27, 2010

• The Importance of Debt Validation

  by Janet Lacey

  Many creditors find themselves in need of getting professional help from collection agencies to insure that payments from borrowers can be regularly collected. Some of these collection agencies are subsidiaries of the crediting companies, but some are private companies who happened to be in line with the business of debt … (more) March 23, 2010

• The Effects of Inquiries to Credit Worthiness

  by Janet Lacey

  Inquiries can be found at the end of credit reports. These lists of individuals and companies are those who have recently accessed the account holders reports and scores. Inquiries are vital in the application for financial agreements such loans, installments and credit card accounts. Lenders and creditors through inquiries consider … (more) March 19, 2010

• The Troubles with Collections and Charge- offs

  by Janet Lacey

  Creditors can find it hard to get payments from their borrowers. There are cases where creditors are left with no other choice but to get the help of collection agencies and even declared the unpaid credit accounts as charge- offs. Nothing good will come out of these two extreme cases … (more) March 16, 2010

• Understanding Collection Agencies

  by Janet Lacey

  Some borrower can be confused with the reason why collection agencies or CAs are more than willing to exert full efforts in collecting debts. Collection agencies like all other businesses are profit based companies; they give these collection efforts in exchange of percentages and allowances from the collected debts. Most … (more) March 11, 2010

• The Importance of Debt Validation

  by Janet Lacey

  Many creditors find themselves in need of getting professional help from collection agencies to insure that payments from borrowers can be regularly collected. Some of these collection agencies are subsidiaries of the crediting companies, but some are private companies who happened to be in line with the business of debt … (more) March 8, 2010

• The Effects of Inquiries to Credit Worthiness

  by Janet Lacey

  Inquiries can be found at the end of credit reports. These lists of individuals and companies are those who have recently accessed the account holders reports and scores. Inquiries are vital in the application for financial agreements such loans, installments and credit card accounts. Lenders and creditors through inquiries consider … (more) March 2, 2010