May 14th, 2010 by Credit Manager
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A sample letter for every credit situation you encounter! Real letters for real consumers, not like some fluff you may see on websites that are paid by the credit industry. Credit Experts versed in collection agency and credit bureau practices produced these letters and they are powerful! It’s tough coming up with letters to credit bureaus, collectors or creditors, especially if you are dealing with such sensitive subjects as debt validation, settlements, inaccurate credit rating requests, medical debts, excessive inquiry requests, estoppel and restrictive endorsements.
How to write an offer in compromise, send a cease and desist, write an estoppel or using your right to validate a debt can all seem too complex. We’ve taken the work out of it by providing you with samples of how to deal with these credit entities. Each letter comes with an explanation on when and how to use the letters.
December 11th, 2009 by Credit Manager
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People often think that their credit isn’t negatively affected if they turn their car in, if unable to make payments. The truth is that there are two types of repossessions. One is called a voluntary repo and the other is a repo. A voluntary repo happens when you initiate the repossession by giving the car back to the lender. This type of repo shows up on your credit reports as voluntary
December 5th, 2009 by Credit Manager
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More people were late with their auto loan payments in the third quarter as job losses continued, but amid rising delinquencies there are positive signs for the economy in certain states.
November 27th, 2009 by Credit Manager
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With all the controversy surrounding credit repair we can tell you that we have been offering Lexington Law as a referral for over 12 years. We have yet to find a reputable replacement as far as full service credit repair is concerned. Obviously we like to push education because we feel credit repair is very possible on your own, but we understand it isn’t for everyone. If that’s your situation then Lexington Law is the best on the market for reputation and reliability.
November 22nd, 2009 by Credit Manager
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Hard Inquiries
These are inquiries initiated by you. Say an application for a car loan, credit card or mortgage loan. These types of inquiries will show up on your public credit report for creditors and others who have access to your credit, to see.
November 17th, 2009 by Credit Manager
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The tax credit, which is supposed to pay individuals up to $400 and couples up to $800, was Obama’s signature tax break in the massive stimulus package enacted in February. The credit has increased weekly paychecks for 95 percent of working families, giving them cash to help boost consumer spending during the worst economic recession in decades.
November 15th, 2009 by Credit Manager
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Credit repair is a hot topic no matter who you ask. Credit counselors and debt managers will tell you it doesn’t exist, the FTC and Consumer watchdog groups will tell you its a scam, but the truth is, it is real… but proceed with caution.
November 11th, 2009 by Credit Manager
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Annualcreditreport.com offers consumers a free credit report from all three bureaus once a year and yes, its really free. The FTC and the Senator think that should also be more obvious on the websites of credit providers so that consumers may make a wise choice.
