The Truth of Credit

Bankruptcy is the officially declared term defining the failure or impairment of organizations or individuals to pay off their debts. The legal formalities allow creditors to file a bankruptcy petition against debtors in an effort to recover the debt. In several cases, debtors start bankruptcy process in what is called “voluntary bankruptcy” filed by the [...]

Recovering from foreclosure can be daunting. But as bad as it seems all is not lost. By starting to re-build your credit today you should be able to purchase another home in a short amount of time sometimes within a year. You will pay a higher interest rate ( Bankrate.com) but you can rejoin the [...]

Picture this, you’re sitting at home, comfortably watching football on your 70″ big screen you bought a month earlier on credit. Your children are busy playing PS3 and your wife is at the salon getting her hair done, all of which has been paid for with credit. The only problem with this [...]

One of the most frustrating parts of my job is the amount of lies that I’m told on a daily basis. While popular opinion is the debt collectors lie and break the law to get paid, if you only knew the caliber of some of the people on the other end of the phone you would [...]

Credit Card Fraud is something we all think happens to everyone but ourselves. I recently found a video on Youtube that will show you that it can happen to you and that the person stealing from you could be within punching distance. I don’t show you this to worry you, I show you this [...]