A big flat NOTHING will change with how your credit is reported during the Government shut down. All of your payments, balances, inquiries, open accounts, collections and all other personal information will continue to get reported by the data furnishers as normal…
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A young lady recently asked me if an auto dealer was permitted to pull her credit while they were changing her oil. I instantly knew what would be asked next. She explained that while she patiently waited for her oil change to be completed, her serviceman…
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I decided to address this issue in a blog since I get asked ALL the time. Banks make profit based in part by collecting interest. The interest rates banks charge vary from consumer to consumer based on the risk of the individual consumer…
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I have been getting this question often lately. Before I answer the question, let’s review what scores are provided by Credit Karma. As of my last check, Credit Karma provides consumers with 4 different free credit scores…
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Almost daily I get asked why do I have so many different credit scores and which one is my real score. I understand the frustration consumers have related to not knowing what their real scores are…
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I blogged in the past about what a good credit score is but I wanted to address what a bad credit score is. Consumers’ perception of what a bad credit score is will differ. For the most part, I would say a bad credit score…
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Be careful, its Christmas morning time for ID Thieves. This is the only time of year many people have their most important Identifier sitting unprotected in their mail boxes. What’s this valuable Identifier? It is your Social Security Number…
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Let’s face it, the recent mortgage and housing crisis has left millions of potential home buyers with bad credit. Buying a home with bad credit often leads to new credit headaches, that at times can lead to legal issues. Many consumers seek out risky…
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Freezing your credit is an option provided by the 3 major credit reporting agencies, Equifax, Experian and Trans Union. When you freeze your credit report you basically lock any future creditors from accessing your credit. When applying for credit…
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This is a question I’ve been asked quite a few times this Christmas season so I decided to post some information on this subject…
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