The Truth of Credit

Unemployment is by far the most pervasive of the “Big 3” (Divorce, Illness and Unemployment) reasons why people get in deep debt.  Not that anyone would ever want to be an expert on unemployment but the lack of knowledge on this subject can sink your ship fast.  So today and in the future I want [...]

Being denied credit is pretty sobering moment. All those expensive Christmas presents and vacations you couldn’t afford all come to the forefront.  The best part is  a week or two after the anger has gone away you will receive a notice through the mail or email as to why you were denied. These documents are [...]

Did you think that you just fleeced the credit card companies when you settled your debt?  Guess what your wrong.  Many times a debt collector will make you think if you pay (fill in the blank) you’ll never have to worry about it again. The problem you’ll run into however is that our friends at [...]

The easy answer is “YES” however, it’s not as easy as one would think. First and foremost there are not that many people who load up their bank accounts and then refuse to pay their bills.  If you are one of these people please read this post very carefully.
In order for a collector or creditor [...]

Great article today on CNN.com explaining late study by TransUnion, consumers are starting to make credit cards a top priority when paying bills. The article also explains the trend shifting mentality that the American consumer has toward foreclosure and living day to day. People are starting to see their homes as lost investments and using [...]