About Writer Jim Kemish is the president and founder of Power Mortgage, a based in Delray Beach, Florida. Power Mortgage Corp was established in 1989 and serves the states of Florida, Georgia, Massachusetts, and Virginia. Jim is also the President of Sky Blue Credit, a national business.
Credit Repair: The Truth About The Credit Bureaus Not a Friendly ServiceIn a recent blog entry I wrote, "Significant legislation has been enacted to protect you from the impact of the credit bureau's inaccuracies. The right that you have to receive copies of your three credit reports for free on an annual basis is not a friendly public service by the credit bureaus. The bureaus have been required to provide this service as one of the...... Similar Editorial : by Tom Kline. | Source : Credit Repair Software
Credit Repair Steps To Success IntroductionI've spoken to thousands of people over the years about their credit. I'm often asked to explain the steps that should be taken to remove errors from credit reports. Here is a step by step guide that will produce results if followed carefully. The content of your credit report has a major impact on the quality of your financial life. The efforts that you make to improve your credit...... Similar Editorial : by 2clickhere. | Source : Credit Repair Software
Why Credit Repair Is Needed Credit Reporting is a Massive JobThe credit bureaus currently compile, sort, and sell credit data on over 200 million Americans. Before this data is compiled by the credit bureaus it has to be generated by countless creditors such as credit card companies, auto loan, and mortgage servicers. Each of these creditors has their own system of processing and recording your payments. The amount of data...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Common Questions The Importance of Your CreditYour credit score will determine the interest rate that you are charged on everything from your credit cards to your mortgage. No other single bit of data has such a dramatic impact on the quality of your life. Nothing is as important, and yet credit scoring is widely misunderstood. Here are answers to some of the most common questions that we are asked.When Did Credit...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Do It Yourself? A Little ComplaintI have nothing against the credit bureaus per se, but I'm a bit annoyed at their vociferous efforts to convince consumers to attempt credit repair on their own rather than hiring a credit repair company to perform the work for them. Oh, I have no doubt that many consumers have the ability to correct the errors that appear on their own reports. As it happens I have the ability...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Overcoming Fear Overcoming AvoidanceThere is nothing funny about credit repair fear. Well, maybe it would be humorous if the side effect were not so potentially devastating. Do you know anyone who can't seem to get themselves to the dentist? Years slip by. Eventually they make their appearance at the dentist office holding their head and moaning with the pain of a toothache. Millions of consumers have the same...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair And The American Dream A Great InvestmentHome ownership has always been considered an integral part of the American Dream. Over the last fifty years those that were able to realize this dream have experienced a great financial benefit. Home ownership, in fact, has contributed more to the wealth of the individual than any other investment. But there is another side to home ownership; it is also the most significant...... Similar Editorial : by Geela. | Source : Credit Repair Yourself
Credit Repair Awesome Benefits What Do You Want From Life?Do you own a home? Do you have the security of a savings account? Can you afford to set aside a percentage of your take-home pay for investment? Everything that you do in life is connected to your credit report. There is nothing that can have as significant an impact on your life, and ultimately on your financial freedom. It's worth taking a close look.The Interest...... Similar Editorial : by Ian Webber. | Source : Credit Repair Yourself
Credit Repair The Whole Story The Real Problem with DisputesCredit bureau disputes are the essential backbone of every successful credit repair program. And almost without exception it is necessary to start the process with these disputes. But if your efforts are confined only to disputing your issues with the credit bureaus you are virtually guaranteed to be disappointed.Hitting the Credit Repair WallIf you send a dispute...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Act Now There is a Lot at StakeAre you a sub-prime borrower? Chances are that you have had credit issues in the past. There are many reasons for you to make credit repair an immediate priority in your life. There are also many reasons that you might hesitate. Credit reports are not fun to read. Past credit issues are not fun to think about. But there is a lot at stake. Consider hiring a credit repair...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Renew Your Life Decide on SuccessYou have the power to shape your own future. Where do you want to go? What do you want to achieve? What would you like your life to look like one year from now? Or five years from now? If you really decide on success there is nothing that can stop you from achieving your goals.Write Down Your GoalsOne of the most powerful secrets of success is a clear written statement of your...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Statute Of Limitation Tips Statute of Limitation ViolationsThe Fair Credit Reporting Act (FCRA), and the Fair and Accurate Credit Transactions Act (FACTA) amendment to the FCRA of 2003, is the federal legislation that governs the credit reporting industry. Statutes of limitation for reporting time limits are provided by this legislation. Knowing how these time limits work is essential to any effective credit repair effort...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Try This! An Overview of Re-AgingCredit card issuers have the ability to bring your account current and wipe out your entire record of late payments using a procedure called "re-aging". Re-aging, if managed properly, can be a fantastic credit repair tool. The re-aging guidelines were set by the Federal Financial Institutions Examination Council (FFIEC) in June of 2000 for the purpose of helping â€...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Collection Solutions Fair Debt Collection Practices Act (FDCPA)The FDCPA is the consumer protection act designed to prohibit abusive practices by debt collectors. The FDCPA specifically defines a collector as any person that collects debts owed to others, and may include attorneys that collect debts on a regular basis. Note that the language indicates "debts owed to others", and therefore excludes original...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
Credit Repair: Student Loans The Default StoryLegally, a default occurs the first time you fail to make a payment when it is due. But if you fail to make your student loan payment for 180 days, your loan will enter the "official" default status and take on a life of its own. This is the point at which the lender will report your student loan as defaulted to the credit bureaus. It is also the point at which a long list of...... Similar Editorial : by Tom Kline. | Source : Credit Repair Yourself
