Ok, that might be a bit extreme, but according to a recent article in businessweek, the lifestyle choices a consumer makes as far as spending habits may even affect their credit score.
It’s fairly common knowledge that some major factors that influence credit scores involve occupation, payment histories, public records, ratio of balance to available credit […]

Popularity: 23% [?]

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Due to a settlement resulting from a class-action lawsuit, TU choose to offer pretty much anyone access to their free monitoring service, rather than having to pony up cash. It’s kinda like Microsoft donating “billions of dollars” in free software which costs them little in actual cash (what is the going rate for […]

Popularity: 32% [?]

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Most financial institutions already are signed up for services from Experian, Equifax or TransUnion to know if you default on another credit card accounts. There have been numerous articles about how when you default on your Chase credit card account your name goes on the “credit card blacklist” and then Citibank […]

Popularity: 21% [?]

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Under the FACT Act which passed in 2003, if a consumer pulls their annual free credit report to which they are entitled once a year, the credit bureaus have 45 days to investigate disputes rather than 30 days. Apparently, since it doesn’t specify which kind of time frame this can happen, it means FOREVER.
This […]

Popularity: 9% [?]

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Dennis v. BEH-1, LLC, 2007 WL 2769650 (9th Cir. Sept. 25, 2007)
Basically, the defendant, Dennis, had Experian report that a judgment had been entered against him, when in fact, although a complaint had been filed, the judgment was dismissed. The defendant had submitted documents proving this, and also requested that the credit bureaus check […]

Popularity: 6% [?]

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A lady died this past January, and The Bank billed her for February March for their annual service charges on her credit card, added late fees and interest on the monthly charge. The balance of $0, is now somewhere around $60. A Family Member placed a call to The Bank.
Here is the exchange:
Family Member: “I […]

Popularity: 4% [?]

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Interesting video (and not even on You Tube!). I followed the advice and I will let you know if my snail-mail credit card offers diminish. Here is the website they recommend:
https://www.optoutprescreen.com/?rf=t
Credit Card Secrets - Funny bloopers R us
Popularity: 4% [?]

Popularity: 4% [?]

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Did you know Experian is marketing an automobile score based on title history of the car? Supposedly they have a model that looks at the title history and filters it down to a numerical score.
If it is anything like their credit or insurance scores, it’s a joke. Don’t waste your money. A simple lemon-check from […]

Popularity: 4% [?]

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This would be funny if it wasn’t so sad. In spite some people have burned their homes.
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This link goes to a CNN video article about how many homeowners facing foreclosure are making sure the lenders don’t benefit from taking their home…by burning them down.
http://www.cnn.com/video/#/video/us/…ning.homes.cnn
Popularity: 5% [?]

Popularity: 5% [?]

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OK, it’s only a class action lawsuit and only the lawyers got paid - but thank goodness for small blessings.
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A collection law firm in Pennsylvania must pay $5.2 million to defendants that accused it of charging unauthorized administrative and attorney fees and interest on the fees as it collected delinquent real estate […]

Popularity: 4% [?]

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