My name is Seth Ferris from Denver, CO, and I want to share a quick story about how I used two free personal debt programs, which allowed me to quickly get out of debt and control my finances. This strategy allowed me to slash my bills and half without paying for professional help and without [...]
Your credit report is a financial report card. It tells lenders how likely they are to receive payments from you if they were to lend you money. Someone who has no credit history or a poor credit history will have more trouble getting approved for a loan then someone who has an exceptional credit history. [...]
At first glance, debt consolidation may sound like a good idea when you’re faced with $10,000 in credit card debt or medical bills and don’t see a realistic way out. Before you pull the trigger, be sure you know the benefits and the negative side to debt consolidation so you can make the best decision. [...]
Personal finance continues to evolve and become more and more complex. Zombie debt is one of those things nobody would have been able to predict, but it one of those things that are destroying people’s lives. If you have ever had an experience with a debt collector, you know how horrible it can be. Most [...]
Americans are hemorrhaging with maxed-out credit cards. This is a product of buying too much home and fancy cars or just trying to keep up with the rising cost of the daily costs of life. But everyone (for the most part) has some debt, even if it is just student loans and the mortgage payments. [...]
A couple weeks ago I posted a message about your credit report and how it was pretty much guaranteed that you would find something wrong with it. Well, a lot of people responded to that discussion with questions they had about their credit score. I want to first apologize that it has taken so long [...]
Did you know that 70% of all credit reports contain inaccurate or incomplete information? What’s even scarier is that 1 in 4 people are denied credit because of this. Play this message to find out what we’re going to do about it. [Audio clip: view full post to listen] So to recap: Click here to [...]
I recently had the great pleasure of interviewing Credit Scoring Expert, Barry Paperno. Barry is not just any credit expert though. He is a representative for myFICO.com, which is a division of the Fair Isaac Corp. The Fair Isaac Corp, or FICO®, is the organization responsible for creating the most widely used credit scoring model [...]
Establishing credit can be a challenging task for someone entering adulthood. A good credit history is generally required to rent an apartment, get an auto loan and may even be part of the screening process for employers. But if you need credit to get credit, how do you go about establishing it? What Does Establishing [...]
Those who have a substantial savings may be blessed with the luxury of choosing to pay cash for a big purchase or to get a loan to finance the purchase. If you have a million dollars on hand, for instance, and want to buy a new car, real estate, or finance your child’s college tuition, [...]
