Personal Finance Blog - Spreading Financial Independence. Guest Bloggers Are Welcome

Guest Bloggers Are Welcome

Quest for the perfect credit score

By: NCR Credit Plus Credit Repair Views: 4982 | Comments: 1 | Votes: 0

A major league pitcher dreams of throwing a perfect game. High schoolers eyeing the Ivy League study furiously in hopes of earning 2400 on the SAT. Why?"Your credit score tells a lot about you," Peplinski said. "A high score means you're responsible and in control of your life. That's proprietary information: "It's a black box," said FICO spokesman Craig Watts.Mystery feeds obsession. More

Expert Says Bad Credit Score Doesn't Have to be Permanent

By: NCR Credit Plus Credit Repair Views: 4623 | Comments: 0 | Votes: 0

These days, small business owner Anonthy Smith is doing well at his New Clothing Store, Heavy's Clothing&Jewerly, but it wasn't always this way."I am a business owner, and there are ups and downs, and I had some downs, " said smith.A bankruptcy in a poor economy pushed his credit score down, making it tough to get a loan. More

Loan Options for the Credit-Score Challenged

By: NCR Credit Plus Credit Repair Views: 4364 | Comments: 1 | Votes: 0

Here are some loan options for the credit-score challenged:Car loans: Say, for example, a young couple opens a joint bank account and credit card. Then one of them secretly maxes out all the credit cards, empties the bank account, drives the family into bankruptcy and drives away forever in the family car. "Our clients never overpay for a car. More

Importance of a good credit score

By: NCR Credit Plus Credit Repair Views: 4077 | Comments: 0 | Votes: 0

You may not even know all the different ways that your credit score can affect you over your life. But there’s an invisible industry that collects information about your financial history, and it will keep popping up to surprise you again and again. Here’s a list of the top situations where a bad credit score could really come back to bite you. * Employers. * Getting a car loan. More

Can Predictive Data Mining affect your credit score?

By: WiseSaver Credit Repair Views: 8045 | Comments: 0 | Votes: 0

You’re not paranoid. They really are out to get … your data. Where you shop, what you buy, the websites you look at, even your Twitter feed — it’s all of interest to a wide range of companies. Now, those companies are taking the next logical step and trying to predict potential credit risk based on lifestyle choices, he said. How can what you buy hurt your credit? More

Do you have a list of clients that are Credit Challenged or have Poor Credit Scores?

By: NCR Credit Plus Credit Repair Views: 963 | Comments: 0 | Votes: 0

Do you have a list of clients that are Credit Challenged or have Poor Credit Scores? Do you have new clients that you cannot get them a loan because of their low scores? Do you have clients that you have to say “sorry we can’t help you”? NCR Credit Plus will take your potential client’s enroll them into our program. Our “Average” time frame is 6 months. More

$8,000 First-time Home Buyer Tax Credit

By: NCR Credit Plus Credit Repair Views: 7355 | Comments: 0 | Votes: 0

* The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase. * The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000. Who Qualifies for the Extended Credit? 2. No. More

New credit card rules add accountability

By: NCR Credit Plus Credit Repair Views: 3863 | Comments: 1 | Votes: 0

In a world where shopping online and booking a hotel or a rental car usually demands plastic, few people can survive without a credit card.But vast changes in credit regulation coupled with a souring economy turned 2009 into the most turbulent credit year in decades, with a record number of rate hikes, consumer cancellations and changes in fees, terms and credit limits. More

How Visa, Using Card Fees, Dominates a Market

By: NCR Credit Plus Credit Repair Views: 3301 | Comments: 0 | Votes: 0

Every day, millions of Americans stand at store checkout counters and make a seemingly random decision: after swiping their debit card, they choose whether to punch in a code, or to sign their name. Mitch Goldstone, in his digital photo-processing shop in Irvine, Calif., is part of a suit against Visa and MasterCard. Competition, of course, usually forces prices lower. More

10% of underwater homeowners would walk away,

By: NCR Credit Plus Credit Repair Views: 3365 | Comments: 0 | Votes: 0

Owners with negative equity of 10% or less rarely default, according to researchers from the graduate schools of business at the University of Chicago’s Booth School of Business and Northwestern University. In "Underwater and Not Walking Away: Shame, Fear and the Social Management of the Housing Crisis," University of Arizona law school professor Brent T. More