Blog: January 2017

The Fair Credit Reporting Act requires that Equifax, Transunion and Experian provide you with one free report every year. The report is filled with important information, such as where you live, your payment history and bankruptcy filings. The credit reporting agencies can give this information to insurers, employers and landlords. Here are some 

Credit Report

bankruptcyAre you up to your eyeballs in debt and out of options for solving it? Rest assured that you are not alone. I have been there myself. Two years ago, My wife and I were stressed out to the max. Our income had reduced considerably because we had lost multiple jobs due to downsizing companies and other circumstances. 

debt reliefIt is possible for people to experience financial problems and not be able to meet payment obligations to their lenders. This could have tremendous impact with major items such as homes, cars and more. When an individual gets too far behind in their payments, the lender has a number of options if the debt is secured. A lender can legally repossess items such as a car or home and more.

debt consolidation It’s January and that “Merry Christmas Time” of two weeks ago has suddenly turned into “What Am I Going To Do About My Taxes?” time. If debt consolidation or elimination is on your mind, you’re probably looking forward to that check from Uncle Sam. If you did a little advance planning about a year ago, your main concern now should be what to do with your tax refund check.

Credit scoreCredit scores affect everyone because lenders use them to determine who qualifies for financial transactions such as getting a loan or securing a credit card without collateral. Landlords may use them to determine who is worthy of renting an apartment. Your ability to purchase a big-ticket item by financing it can be determined by a credit score. If nothing else, borrowing even a small sum of money is more expensive when your score is low.