Industry News
How Credit Affects Hiring and Promotions
You’ve applied for a great job. You nailed the initial interview and now you’ve been asked to return for a second interview. You’ve furnished great references and are not concerned if the prospective employer does a background check. As a part of the process, the interviewer sent you some documents to complete and return before...
The ‘Secret’ Bureau You’ve Probably Never Heard Of
You’ve probably heard of Experian, Equifax and TransUnion, right? But have you heard of ChexSystems? Chances are, you haven’t. Whether or not you’ve ever heard of ChexSystems, if you have applied for a checking or savings account, ChexSystems has probably heard of you. These days, most consumers are well aware of the three major credit...
Do I Really Owe This Debt?
Have you ever received calls from a debt collector on a very old debt? Does it seem like you have debts that are transferred or sold to a new collection company on a regular basis? At some point this madness has to stop, right? Debts come with an expiration date known as the Statute of Limitations...
What Makes A Great Credit Score?
You know, it’s funny how credit and credit scores affect Consumers’ lives more than just about anything else in life, and yet very few people understand just how credit scores work and what factors go into your credit score. Growing up, I remember my father had great credit, even though he had very little credit. Like...
For Our Trucker Friends
We Americans tend to take most things for granted. A friend sent me an article which appeared on the Twin Cities Star Tribune website entitled “That truck driver you flipped off? Let me tell you his story.” I can’t add a whole lot to this except, after reading this article, hopefully we can all have...
Credit Score Confusion
There seems to be a lot of confusion today about credit scores. Most of this confusion seems to primarily center around two things: 1) consumer report scores differentiating from mortgage scores and auto-enhanced scores, and 2) what factors influence credit scores. It sometimes seems that the consumer is purposely being kept in the dark. Today, we’re...
What To Do If You’re A Victim of Identity Theft
Several months ago, my wife logged into her email account, only to be greeted by numerous emails from PayPal showing several unauthorized payments had been made from her account. We later found out that she had logged onto her PayPal account for the first time in several months from her sister’s computer. It seems her...
Why Aren’t My Credit Scores Higher?
It seems that I receive calls from two or three clients every month stating what a great job National Credit Solutions has done removing derogatory information from their credit files, only to follow up with the question, “Why aren’t my credit scores higher?” Having been in this business for several years, the first question that...
These Three Little Numbers are Huge
Your credit is valuable, and quite possibly more valuable than you realize. Your three digit score isn’t important exclusively to potential creditors; it can also affect the rates you pay for insurance, where you live and and where you work. More and more employers are looking at prospective employees’ credit files, and your credit score can...
Additional Changes to Credit Card Rules
Nice article explaining the new credit card rules that took effect August 22, 2010: Additional changes to credit card...
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