Credit Score Archive for November, 2009

• Landlords Reduce Credit Score Requirements

  by Sally Maison
  

  As vacancies all over United States continue to go up, landlords can do nothing but bend the rules for their good and the good of consumers as well. An internet listing site noted recently that vacancies went significantly up when unemployment rates reached near-record high in several states. About seven in every ten landlords note that they have seen higher vacancies this year, prompting them to find more ways to fill up empty units. This includes lowering the credit score … (more) November 25, 2009

• Two Essential Things you must Understand in the Credit System

  by George Hauser

  The credit system could be considered one of the greatest inventions of man. Imagine claiming things and services without having to take out cash from your pocket upon purchase. It’s practically getting an extension on payment. However, creditors will not let you have the loan or the house and insurance you want without a price.  If you are not careful in handling your credit, you can be in a lot of financial trouble. You can be stuck in debts. That’s … (more) November 25, 2009

• Credit Score Advice: Don’t make a Devil’s Bargain

  by Brian Anderson

  If given the chance, would you make a deal with the devil in exchange for your soul?  Many stories both old and new pose this question. In the Bible, Satan offered Jesus all the kingdoms in the world in exchange for bowing down to him. In the German Literature of Faust the agent of the devil Mephistopheles offers a lifetime of  wealth and riches in exchange for damnation after. Even Brendon Frassier in the movie bedazzled offers his soul to … (more) November 24, 2009

• Citi May Offer Lowest Auto Loan

  by Sally Maison
  

  The lowest auto loan rate is what any consumer would like to have, especially on car loans. Consumers know that having a car is a necessity, but experts tell them that having an excellent credit score is very important as well. With Citi’s anticipated offers, car enthusiasts will be more encouraged to work on their credit rating. Specialists note that Citi is among the banks which have the most number of financial services. Like any other creditor, it will offer … (more) November 24, 2009

• Three Reminders for Student Credit Card Holders

  by George Hauser

  With the increasing number of credit card holders comes the increasing number of people getting buried in debt. A large percentage of this group is students who use credit cards. There are many ways to apply for credit cards. Young people who cant wait to avail of the seemingly carefree way to purchase items even when they don’t have cash at hand is the target of credit card companies.  One of the credit score tips that most credit holders forget … (more) November 23, 2009

• Couple Shows Potential Homeowners How to Do It

  by Sally Maison
  

  Many Americans aspiring to have their own home fail to take advantage of the $8000 federal tax credit because they do not meet the credit score required by mortgage lenders. But a couple in Connecticut shows how living lean can help one live the the American dream. The credit scores of the Shakils were far from exceptional before they bought their new home in Connecticut. Ali has accumulated thousands of debts on credit cards while in a California school before … (more) November 23, 2009

• High Electric Bills Hurt Consumer’s Credit Score

  by Sally Maison
  

  Having high electric bills could hurt a credit score, and no one knows that better than former US marine Bill Boyington. After being honorably discharged from service, Boyington decided to move with his young family from Texas to Connecticut when he landed a job at the state. He says he has been working real hard on improving his credit score since he hopes to someday buy a house for his wife and kids, which includes a baby. That is why … (more) November 22, 2009

• Creditors and Debtors: a love hate relationship

  by Brian Anderson

  We all had a similar experience at one point in our lives; we lend money to a friend and expect them to pay it back by the time you need them, and then when that time comes, all agreements between you and your friend have diminished into nothing but thin air. Annoyance, irritation and nuisance are all but sheer euphemisms to describe how anybody would feel at this circumstance. If this friend would ask for credit score advice from me, … (more) November 22, 2009

• NAIC Criticized Over Credit Score Issues

  by Sally Maison
  

  The National Association of Insurance Commissioners was criticized by several consumer advocacy groups for not having done enough regarding credit-based insurance. Advocates say while state regulators have listened to the side of insurers, they have failed to recognize the sentiments of consumers. But NAIC retorts that it has done well to serve the public and has addressed the credit score issues by continually seeking for information. The Center for Economic Justice (CEJ), the Consumer Federation of America (CFA), and other … (more) November 21, 2009

• Three Basic Things a Student Credit Holder should Learn

  by George Hauser

  Even students nowadays can get a credit card. Of course, applying for one is much easier than keeping it in good shape. If you are not responsible enough to manage your finances while you are still a student, you can be in a lot of debt by the time you finish school. That’s why it’s always helpful to look up different credit score tips that you can apply.  Many of these credit score tips would at first guide you into … (more) November 21, 2009