I have an inaccurate remark on my credit report and after contacting the CRA, Credit Reporting Agencies and sending them proof of the error, they continued to report the error. Then, I send certified correspondence to the lender, a bank. Guess which one? Chase Home Finance.
When you dispute an error on your credit report be aware that the credit reporting agency is going to ask you for proof of identity. Usually, you want to have a copy of your drivers license, social security card and a utility bill with your current address. Why?
Don't be confused about debt forgiveness on money that you borrow to purchase your home. It is not the same as creditcard debt forgiveness. Under the Debt Forgiveness Act of 2007, any debt forgiveness on a loan used to purchase a principle residence is non taxable income.
Congratulations Folks. For the 10th straight month credit card borrowing has declined in the United States. The decline is three times what the bean counters thought it would be; 17.5 billion dollars when the projection was about 5 billion dollars.
Get ready for some good old fashioned revenge from the creditcard companies. Now that they have been spanked in Congress, look for new ways for them to extort money from cardholders. Of course this extortion will be legal because after all, they make the rules.
Did you get a new Flat Screen TV for Christmas? If so, congratulations..if you paid cash. If you charged it, well, I have some mind boggling news for you and you aren't going to be happy to read what I'm going to say.
Debit Cards are owned by the banks, the same people who control credit cards. You already know that creditcard companies suck, so how do they hose you when you use your debit card?
Credit Cards owe their history to the Diners Club which started back in the 1950's as a way to pay for meals in restaurants. The providers soon discovered this wasn't enough to attract customers, so all sorts of features evolved enticing it's use. Exotic rewards like frequent flyer miles began in the US then spread to other countries.
Learn important insider secrets the credit card companies don't want you to know. I'll share with you 7 closely guarded secrets you MUST know if you want to improve your credit score.
