Hmmm….another one of these “How do I diet without dieting?” questions. All sarcasm aside, this request for information is fairly common, so I thought give my thoughts on the matter. Q. How Can I Consolidate my Debt without Paying Fees? A. I assume when you say “consolidate”, you mean that you want to take out [...]
Entries from July 21st, 2009
How Can I Consolidate my Debt without Paying Fees?
July 21st, 2009 · No Comments · Debt Consolidation, Debt Settlement
Tags: CCCS·Consumer Credit Cousneling Service·credit·Credit Cards·debt consolidation·Debt Settlement·do-it-yourself·equity·FTC·professional debt consolidation service·Seond mortgage
Credit Repair Investigation Requests – Send Social Security Number?
July 20th, 2009 · 3 Comments · Credit Repair, Credit Reports
Q. I’m doing some credit repair on my credit report in anticipation of buying a house. I noticed an account I don’t recognize on my credit report from American Express. This account is reporting me 30 days late 2 times in the last 2 years. I sent a letter to American Express and asked them [...]
Tags: american express·Credit Repair·Credit Reports·Fair Credit Reporting Act·Informatino Furnisher·Inquiry·Investigation·Social Secuirty Number
Freddie Mac Turns to YouTube With Message on Loan Modification Programs
July 17th, 2009 · 1 Comment · Mortgages, Real Estate
Freddie Mac has a new private channel on YouTube.com, the feature presentation being a short video which shows step-by-step which documents borrowers should have on hand when they call their servicer to discuss potential loan modifications. The two minute video, entitled, “Stop Foreclosure: Documents Your Lender Needs to Help You,” is available in both English [...]
Tags: Freddie Mac·Freddie Mac video·loan modification·loan restructuring·loan workout initiatives·making home affordable program·Mortgage·Refinancing·stop foreclosure
“Transaction Sorting” Maximizes Overdraft Fees for Banks
July 16th, 2009 · No Comments · Banking
With the new credit card laws about to go into effect, banks are scrambling to replace the usurious income they used to be able to generate through late fees and sudden high interest rates. Overdraft fees on checking accounts are now being referred to in the banking industry as the “motherlode”. The method for maximizing [...]
Tags: Banking Industry·bounced checks·Checking Account·debit charges·debit transaction·Mike Moebs·Nightline·overdraft fees·transaction sorting
