Financial Foundations

Have you ever stopped to think what having BAD CREDIT is costing you? How much have you paid in additional interest and fees due to your poor credit rating? One estimate is that a poor credit rating costs the average consumer $3000 per year or [...]

Myth # 1 – When I pay off a past-due account, such as a charge off or a collection account, it will show “paid” and no longer be negative.

It is difficult to fully restore your credit without paying your outstanding debts. However, paying off a debt can actually hurt your credit. Negative items on your credit [...]

Absolutely! An affiliated attorney network provides credit repair services on behalf of our members. Obviously if credit repair was illegal licensed attorneys would not facilitate the service. The Fair Credit Reporting Act was designed specifically to provide a way for consumers to force the removal of erroneous, outdated and unverifiable [...]

When the Fair Credit Reporting Act was amended, they put in a section for "Expedited Dispute Resolution" Section 611a(8) the on-line dispute system. It reads as follows….

"…. the agency shall not be required to comply with paragraphs 2, 6, and 7 with respect to that dispute if they delete the tradeline within 3 days."

The Credit Reporting [...]

According to "Mistakes Do Happen: A Look at Errors in Consumer Credit Reports " a recent report by public issues watchdog U.S.Public Interest Research Group (USPRIG.) There is a one in four chance your credit report contains an error serious enough to cause you to be denied credit.  79 percent of credit reports examined in a [...]