Whether it’s a personal dilemma, such as whether to change your job, a relationship, your address or a life change such as serious illness, unexpected unemployment, or death of a loved one, we make dozens of decisions everyday that can positively or negatively affect our credit history. Only after a traumatic event, which results […] (more…)
A reported 35% increase in recent foreclosure fillings may be a result of many homeowners feeling the squeeze of increased payments as their adjustable mortgage rates went up. Hybrid ARMs with interest-only and/or flexible payments options have allowed many homeowners to keep payments unrealistically low while increasing their overall mortgage debt. Unpaid interest […] (more…)
Much of the information on this website has been about informing consumers how their credit history is used by the credit bureaus and the untold numbers of companies they sell it to. When people apply for something as weighty as a mortgage, most would think the information they provide their loan officers/brokers is confidential […] (more…)
Despite new laws, increased media coverage and consumer awareness, identity theft appears to be more a of threat than ever. More stringent FTC regulations and higher penalties still fail to stem the increasing exposure consumers experience with every new security breach.
The recent $10 million ChoicePoint settlement with the FTC for 160,000 individual’s […] (more…)
