Guarantors may want to check credit reports

Under a new bill that was recently proposed to the Georgia General Assembly, guarantors will now be notified if a borrower they co-signed for defaults on payments. House Bill 245 was sponsored by state Rep. Rusty Kidd, of Milledgeville, Georgia. He decided to propose the bill after he saw his credit score tumble, following a […]

arrow Read this post

Credit repair could help with mortgage payments

While many consumers know a good credit score is capable of getting them approved for new credit card offers, some are unaware that it can substantially impact the price of a mortgage. As a result, many consumers fail to repair their credit before they begin the home buying process. This means they may see prices […]

arrow Read this post

Phony sweepstakes scams can cause bad credit

Many Americans dream about winning millions of dollars for an early retirement in a tropical setting. As a result, some individuals may apply for sweepstakes online that can leave them with a need to repair bad credit. While in some cases consumers may end up winning a big prize through a legitimate giveaway, some online […]

arrow Read this post

Healthcare patients become identity theft victims

The Internal Revenue Service notified 77 patients at Emory Healthcare that they may have unknowingly become victims of identity theft this week. The IRS was able to identify the scheme when the Social Security numbers or patients were used to fraudulently file income tax returns with the agency. quot;It was a theft of information," Emory […]

arrow Read this post

Credit repair may help new car buyers

Since the start of 2011, many buyers have seen added returns on used car trade-ins, and as a result, some of these consumers have been able to see between five and 10 percent more of their old vehicles' value. "The supply of used vehicles will continue to be tight because of the pull-back in leasing […]

arrow Read this post

Utah week highlights credit report benefits

Utah Saves Week began on February 20, 2011, with the intent to highlight the importance of financial responsibility in the state. State Sen. Patricia Jones introduced the first challenge to state consumers, which urged citizens to obtain free copies of their credit report from major bureaus. Residents who complete the challenge can then register for […]

arrow Read this post

College students may not know they need credit repair

Despite new legislation put in place to protect students from troublesome credit card practices, many young people continue to find ways around the regulations. As a result, they may end up needing credit repair. In a recent study, nearly one-third of all freshman undergraduates at a test university had at least one credit card, the […]

arrow Read this post

Credit repair could lead to new credit card options

Over the past few years, credit card lenders have become increasingly frugal with borrowers due to an increase in late payments and defaults on consumer accounts. Recent research by TowerGroup suggests credit card companies have cut their lending by $1.5 million since the beginning of the recession. As a result, many issuers have heightened qualifications […]

arrow Read this post

Credit repair can help insurance rates

While researching an insurance policy for ways to save money on coverage can provide some short-term payment relief, contacting a credit lawyer or checking credit reports can often yield bigger savings. This is because insurers often review a consumer's credit score before they decide what rates to set on the coverage. As a result, individuals […]

arrow Read this post

Donating to fraudulent charities can lead to credit damage

When surfing the Web, it's common for consumers to receive suspicious advertisements and email messages. As a result, some individuals end up having to send dispute letters to credit reporting agencies. For example, while it may be tempting for consumers to respond to a charity offer they receive in the mail, they may benefit from […]

arrow Read this post