Category Archives: Uncategorized

5 Reasons you Should Check your Credit Report Annually

The thing that’s real important in today’s world is our credit. We all need our credit to be in the best state because we all need good credit sooner or later. We need good credit to take out a loan for a car, house, or just about anything else that is “loan” related. That’s why it’s so important to always check your credit annually to see what kind of state your credit is in and what you can do to change it.

Most of the time we go without checking our credit and when we try to take out a loan that’s when we find out.  Since you can easily get your credit report for free annually, I wanted to share with you five reasons you should check your credit report at least once a year.

Has your identity been stolen?

The main reason why you want to check your credit every once in a while is to see if your identity has been stolen. There are times when people steal your identity and you have no idea until you check your credit. If you keep up with your credit you will find out right away but if you don’t you will find out until you check it. There are times when your credit card information has been stolen and you sometimes don’t find out until it’s too late. If this does happen to you and you find out soon, you can make a fraud alert on your credit report.

Is there an error?

Another reason is so that you can make sure that the last credit report that you had wasn’t an error. Studies have shown that four out of five credit reports have a chance to have a 25% error, that’s something that can’t be good if you only check it in a long time. If you get your credit report and see that everything is fine and then you wait around for about 3 years and print out another and see the error, then you are going to have a problem. That’s why it’s important to always keep up with your credit score so errors won’t happen.

Can you get that loan in the first place?

If you print one your credit report out and don’t find any errors but then go and apply for a loan to buy a house and at the last minute they say that your credit score is bad, it might not be a good day. By printing out your credit score, you can see if you are eligible for a loan,  and if so, you will be able to get a fairly good idea what kind of loan you’re going to get.  Remember that most, if not all loans, are going to be judged by your score.  The better your score, the better your interest rate is going to be.

What about the co-signer?

When you co-sign a loan, it can sometimes hurt people by co-signing somebody that doesn’t pay their bill. When you co-sign somebody, if that person doesn’t pay their bills, then you are responsible for paying the debt that it’s owed and that can affect your credit score. That’s why it’s a good reason to check your credit if you have applied for a co-sign loan.

What is your score?

You want to know what your score is, and this is a good reason why you would want to check your credit score. That way, before you get into any kind of loan or anything else that can affect your credit score, you can look at the state of your credit and see if it’s a good idea to go with the loan that you are planning. It’s also a good idea if you are looking to improve your credit score.

Jessica Norman is from the website Here, you can browse through more than 3,200 cost helping guides that range from finance to professional services.


How Important is Your Credit Score when Investing in Canadian Real Estate?

Though the U.S. real estate market has shown signs of rebounding, it remains inconsistent at times. Another option for many American investors is the Canadian market. There are some good opportunities for real estate investment available through the United States’ neighbor to the north. While there are some differences in the processes used to purchase property in the two countries, one thing that remains the same is the importance of good credit scores.

Why credit scores matter
A good credit report will impact the application process for a real estate purchase in a variety of ways.
*Interest rates – Higher credit scores will mean financial institutions will be willing to offer better interest rates. Poor credit scores signal riskier borrowers, meaning the lender will charge higher rates. This can mean the difference in thousands of dollars in the overall cost of the purchase.
*Approval – In some cases, a poor credit score could even cause the bank to deny a loan application.

What to know about credit scores
While the U.S. and Canada share a historically good relationship, the two do operate differently in certain political and economic arenas. Even small differences in the process can result in the loan application being rejected, or paying thousands of extra dollars in fees or interest.

*Credit reporting firms – In the United States there are generally three major companies that create credit scores that are then figured into a credit report. In Canada, the two most popular firms are Equifax and Transunion.

*What’s in a credit report – A person’s payment history, types of credit, amounts that are owed, length of credit history and new credit will all be considered in a credit report. It should be noted payment history is weighted the most in the Canadian formula.

*Do credit scores transfer? – An investor in the U.S. likely will spend several years building up their credit score, but that may all be for naught if they suddenly decide to try to make some real estate investments in Canada. Unless some credit history has been build up in Canada, financial institutions may not recognize the credit scores based out of the U.S. Exceptions could be found through certain lending institutions or the credit bureau. Some banks in Canada have partnerships with those in the United States, so they may agree to use the credit score from the U.S. In addition, Equifax has subsidiaries around the world and could draw its credit rating from a U.S. firm.

*Where to get the mortgage – One way to get around not having a credit score in Canada may be to secure a loan in the U.S. However, Canadian lenders would be better equipped to help the investor navigate through the differences in U.S. and Canadian real estate investments. Those differences could make or break the investment.

A good credit score is extremely important to anyone wanting to invest in real estate, whether in the U.S. or Canada. The better the score, the more likely the investor is to be approved for the loan and to receive favorable terms.
Claire Atkinson writes for the Kanetix comparison service in Manitoba, which has more advice on Canadian mortgages.

How to Stop Collection Harassment

You don’t have to put up with collection harassment from creditors. Since your payments are normally once a month, most credit agencies will (or not) email you to let you know your payment is due. It depends if you’ve set it up that way or not.

There are others who may call you, especially if you’re behind on the payments. They call enough, so that’s it’s just legal, but less than harassment.  Of course, it depends on the credit agency and their company’s policy.

Everyone, especially these days, is falling behind on payments to credit payments.  When you start to fall behind, the credit company calls you to let you know you’re late, at least most of them do; however, some do not. They usually call a week after your payment is due as a reminder. If you fail to respond, they will call you more often until they get to talk to you.

However, when you fall way behind on payments, they send your account to a credit collection agency. They call you to figure out a payment plan. If you fall behind on this collection, they start to harass you with phone calls and letters.  They also can’t contact you before 8:00 am and after 9:00 pm, plus, they can’t contact you at work if you tell them you’re not allowed to receive personal calls.

There are cases of collection harassment where the collection agency calls several times a day and sends letters every day. This is illegal and you can ask them to stop by sending them a letter asking them to stop. The calls are considered abusive, unfair or deceptive practices and the Fair Debt Collection Practices Act enforces this practice.

First, you have to write a letter to the company that is harassing you with phone calls.  Be sure to keep copies of all communications with the company and send it as certified mail and pay for the “return receipt” documentation. That will let you know they received the letter.

The collection harassment should stop; however, most of the time it doesn’t and that’s when you have to contact the FTC or the Federal Trade Commission. They are the national agency that deals with the Fair Debt Collection Practices Act. You can file a complaint with them for the company that is calling you all the time. Of course, this doesn’t make the debt go away, you still have to pay it, but it will stop the harassing calls and letters.

Always keep a copy of the communications with the collection agency. They will end up filing a lawsuit against you, but you’ll be better off if you have a copy of the harassment against you.

The collection agency may be resilient against all threats to stop the collection harassment and you may have to change your phone number or put a block on receiving calls from their number.

The best way to deal with collection agencies is to come to an agreement on a payment plan that works for both parties. You should know the laws you’re entitle to for protection against collection agencies using abusive, unfair or deceptive practices to collect a debt.  You don’t have to tolerate their abuse.

For more information on your rights against collection harassment, contact the website and search for Debt Collection FAQs: A Guide for Consumers. You can also contact the National Association of Consumer Advocates at for their debt collection practices they can help you with on the debt from the agency that is distressing you.

Mark Clayborne is the author of Amazon’s best-selling credit repair book –Hidden Credit Repair Secrets. For a Free Video Course on Credit Repair Click Here.







A bad credit record affects many aspects of one’s life like the inability to qualify for a home or vehicle finance. In many countries, a bad credit record affects your chances of employment. The good news is that a bad credit record does not have to be the end of your world, there are some things you can do to repair your record, yes it may take some time to clear it, but it can be done.


* If you are unable to continue with your monthly installments, call each of your creditors and make a payment plan.

*The payment plan you make must be suitable for both you and the creditors in that you must be able to see a decrease in your outstanding debt after payment.


*Buy your monthly groceries using a grocery list and stick to it.

*Pay all your household necessities, and see how much is left after payment, then pay all your other outstanding debt.

* A budget disciplines you to curb your spending and to ensure that you spend on necessities instead of luxurious.


*A consolidation loan is a large amount of cash that you can borrow either from the bank or legitimate micro lenders, you use this loan to pay all your other outstanding debts.

* Then focus on paying back just that loan.


*There is no need to have 10 credit cards because chances are you will be tempted to use them all.

*Use only one credit card and only for emergencies.


*You may find that you repaid an outstanding debt in full, but you are still listed as a bad payer.

*Keep track of why you have bad credit and as soon as the debt has been fulfilled, make sure you make a follow up to have that account removed under you.


*If your instalment is $10, try to pay $12. Paying a higher instalment rate will ensure faster payment of your debt, and it will reduce your interest rate.


*Creditors will tell you that you can take a break from paying your installments at certain periods of the year, don’t do that. It is a bad financial decision.


*Late payments are the one thing that show up on people’s credit profiles, and that makes you a bad payer, pay your bills as per the agreed date.


*Debt review ensures that your creditors don’t take legal action against you, but going on debt review reflects on your credit profile for years to come.


*Every time someone or a company checks for your credit score, it lowers your credit rating, so twice a year is more than sufficient.

Contact the HMRC helpline to help you with your tax report. You will never have a clear credit record if you are owing on your tax.

How Credit Tips Solves Your Financial Issues

Everyone needs essential credit tips to manage their finances and ensure their cash flow is running smoothly. As you will be told when you contact income support, the following are essential tips that should be kept in mind when you not only want to manage your finances but also when you want to boost your credit worthiness.

Monitor your credit report

You need to be watchful over your credit report so that you can easily take note of any discrepancy or incompatibility between your records and the actual situation on the ground and appropriately have them dealt with within reasonable time limits so that your history is not marred with unnecessary blemishes that often hurt your finances in the long run. You are also able to notice any pending bills that have not been footed and quickly attend to them so that they do not drag over a long period of time, efficiently giving you a dire financial history.

Beware of errors

There are usually erroneous representations in some credit reports which can be dealt with promptly if you are especially keen on what is being recorded by the credit agencies. These include timely made payments being reflected to have been paid late or not paid at all, paid off loans and debts that have not yet been cleared in the credit report with a good example being student loans, and even having the details of an account that you do not own reflected in your account. All these and more are common errors that often occur when the credit reports are being generated. Once spotted, the company that is involved should contact the credit agencies on your behalf and report the dissimilarity in records so that the matter is swiftly corrected.

Pay off credit cards

Most credit cards often take a huge chunk of money off your earnings due to the high interest rates that are usually charged. It is therefore not out of the question to find yourself deep in debt. This can go on to ruin your credit history by making you pay astonishingly high rates especially when servicing loans. You should therefore make effort to pay off credit cards then start building a good credit history by acquiring a secured credit card.

Borrow wisely

Borrowing wisely simply means borrowing what you are able to pay. This also means that you pay off all pending loans and mortgages so that you have a clean slate in a short time. Failure to do this, you will have to grapple with increased penalties and interest rates which may hinder you from getting another loan in future.

Uphold good credit history

Once you have started on building up your credit history afresh, maintain good credit records. This will ensure that your good credit history is sustained hence showing consistency in money matters. This will give you a better chance at securing a loan at any loaning agency since your history will be impeccable and unstained over a long period of time.
Using these credit tips, you can solve all your financial woes and generally live a stress free life with regards to finances.

Credit score: Lead a financially peaceful life with these credit tips

There is no denying the fact that improving credit score is a time-consuming affair. However, there are ways by which you can accelerate the process of credit score build-up and in limited time possible, provided you are willing to abide by certain rules.

So, if you are determined to get your credit score to the next the stage of improvement, then you ought to go through the entire article to achieve this feat.

Fast credit score improvement tips

Here are some of the golden rules of credit score improvement that you may choose to follow:

  • Stay firm to make all the loan repayments on time – First of all, any missed payments will drag down your credit score by 100 points and perhaps more than that. This is equally detrimental to both people with low as well as high credit score. However, the good part is that you need not repeat the same mistakes like others. Moreover, you probably wont feel that mush of a heat for the next seven years till something like that gets off your credit report, but then you’ll have to discipline yourself.So, you’ll have to stay current with your monthly payments and re-commit yourself to remain the same with other lines of credit. In order to prevent missing a payment deadline, you can make automated payments via your credit/debit cards. Now, with the advancement of the mobile applications, you can enroll for such services on your iPad or smartphone.
  • Stay current about all the credit report information – Errors on credit reports are a rampant issue. So, a regular watch on them will aide in improving your credit score, if at all your credit score is being damaged due to someone else’s misleading credit information. However, if that is not the case, then at least you’ll know or would have the stomach to find out the ways to boost your credit worthiness.A lot of credit reports may highlight the areas that are hurting your credit score. In this case, you can take advantage of the free credit reports every year from Experian, Equifax and TransUnion. This you may get at Apart from that you’ll be able to keep a track of score at zero cost and even get free credit repair tips from them.
  • Stay away from the clutches of credit card debt – One of the best ways to boost your credit score is to get rid of all your credit card balances as soon as possible. Doing so will have an instant and that too a positive effect on your credit rating. This is because paying off your credit card dues will lower your credit utilization ratio and this is one of the reasons why your credit score will improve.Actually, credit utilization ratio refers to the amount of balance you are carrying against the credit limit set for you. However, the trick here is to pay off all the credit card bills and to steer clear of incurring fresh high value balances immediately after that. If you can’t manage to pay off your balances, then you may opt to consolidate them so that it becomes easier for you to make the repayments.

Always keep this one fact in mind that credit card issuers will report your existing balances along with your payment history to the credit bureaus and so, sooner rather later they may come back to haunt you all over again.


Credit repair: What are the initial steps to dispute credit report errors?

In reality, credit report is now being considered as the passport to all things financial. This is because all types of creditors now analyze a loan applicant’s credit worthiness through his/her credit report. As a result, consumers must ensure that their credit report is free from errors or unwanted elements that may render them ineligible for further loans since every information counts towards determining their credit score.

So, if you want to have a stellar credit rating, then you need to dispute all the negative items on your credit report and get them removed from it as soon as possible.

How do you file your credit report dispute with the concerned credit bureaus?

Primarily, there are three major credit bureaus operating in the country at the moment – Experian, TransUnion and Equifax. In that case, your lender will pull out any one of your creditor report generated by them and based on the information therein, you’ll be judged on risk factor and credit worthiness.

So, in order to have an impeccable credit report, you need to do the following things:

®    Obtain your credit report – You can obtain a free copy of your credit report from the website: Being a consumer, you are allowed to take one complementary copy of your credit report created by all the three credit bureaus though this portal. You can save some money by ordering a copy of your credit report from one of these credit bureaus at a regular interval of four months, instead of paying for the credit monitoring services.

®    Make paper applications – Though all the three credit bureaus permit you to file your complaint or dispute online, yet it is better to send them a written application every time you want to get some negative information removed from your credit report. Dispute letters should be sent via certified mails and in return must request receipts against each one of them. All these letters will help you to show them as a record of your efforts to get those negative items removed from your credit reports in court.

®    Send them to the proper address – In order to send your dispute letter to the credit bureaus by certified mails, you’ll have to make sure that you are sending them to proper mailing address. For instance, the address of Experian is P.O. Box 9701, Allen, Texas – 75013. For addresses of the other credit bureaus, you will find them on their respective credit reports. If you are unaware of the exact ways to file your dispute letter, then study the concerned websites of the credit bureaus.

In addition to that, you should keep track of all your phone calls made to the representatives of the credit bureaus. For instance, you need to keep a record of the date of your call and the name of the representative you spoke to. Apart from the disputing errors on your credit report, you should also study refer to them after undergoing a credit card consolidation program. This will help you to know whether or not your creditors have received the payments and reported your credit accounts as paid, in accordance to the agreement.

To know more read here

Credit Report Errors More Expensive Than You Think


Credit Report Errors or Derogatory Language Could Cost You a Job

For all the reasons you can imagine, errors on your credit report can be expensive.  They can keep you from getting important financing or increase your interest rate on loans.  In short, errors or misinformation can cause:

a.  Inability to buy a home, a car or get an education

b.  A reduced credit score requiring higher monthly payments for a home or car, possibly running to hundreds of dollars more per month

c.  Never-ending problems in the case of identity theft

But few people realize the credit report error can also cost you a job.  A Society for Human Resource Management 2012 Survey estimates that 47% of employers use credit checks when making a hiring decision.  Even if your position has nothing to do with handling money, many employers use your credit profile as an indicator of your level of responsibility or integrity. I know that in my industry, financial services, all employers use credit checks not only when they make a hiring decision but also on a regular basis as a checkup on their agents.  So a less-than-optimal credit report or credit report error can keep you from getting a new job, can keep you from getting appointed with an insurance company or losing an appointment if you’re an insurance agent or even get you terminated.

Here’s the rub.  You likely find out about a credit report problem at the most inopportune time such as when you need to borrow money or need to change jobs.  The remedy is to do an annual check of your credit report.  You might pick a date like your birthday or specific holiday to track your credit report which you can do in just a few minutes.  Every consumer can access a free credit report from each of the three credit report companies at

The key is to scan the report carefully.  Look for any errors or even misleading information.  For example, I had a lender use the word “suspended” regarding an equity line on my home.  In fact, the lender had suspended all equity lines in my state when housing values fell.  I had to take the lender to small claims court to get this wording changed which I did successfully.  So not only look for errors, but anything that might spook a lender or employer.

If you find errors or misleading language, contact the credit bureaus through their websites and simultaneously contact the financing institution that is reporting that tainted information.  If you can’t get the issue fixed in 2 to 3 weeks, don’t delay.  File a claim in small claims court is I did because you never know when you may be depending on a clean credit report for your next job or chunk of funds you may need.

Should you have a negative credit issue that cannot be removed from your credit files because it is true, it may actually be a good idea to disclose this on an employment application so you can frame the situation on the best light.  Should an employer find negative credit information when they do their background check, they won’t bother to ask you to explain.  They just won’t hire you.


Fix Your Credit Report — How to FORCE the Credit Bureaus to Report the Truth, Even Fix Identity Theft

fix your credit report
How I forced 2 large financial institutions to fix my credit – after they refused.

Errors on Credit Reports: 40 Million Americans have them according to 60 Minutes and consumers have been powerlessstart burst

The average American cannot get the errors on their credit reports fixed because the credit bureaus will do nothing. Some people are even victims of identity theft and there’s nothing they can do. But you CAN take the RIGHT action and I prove it works and will guarantee it or return this ebook for a refund in 60 days.

This book explains how I sued American Express and Citicorp on two different occasions to get my credit report fixed, and WON! I show readers how I sued for under $100 (I am not an attorney nor did I use an attorney).

When you dispute a credit report error here’s what happens:

a) You call and talk to people who don’t understand your problem

b) You call and talk to people who tell you to fill out forms on the Internet which you already did

c) You call and talk to people who tell you about company policies that make no sense

d) You write letters and get a form letter response that has nothing to do with your issue

e) You write letters and get a response telling you to take steps that you’ve already taken

f) You receive a response from the credit bureaus that they have verified the information on your credit report is accurate

g) You are told by some credit repair firm that they can help you and 5 months later and a few hundred dollars poorer, you have nothing

But now you have a solution!

Just $19.95 Complete!
Return for refund in 60 days if not satisfied

Over 50,000 people per month search for a solution to this problem on Google, a problem which 40 million people have (and some don’t know it because they don’t check their credit reports). Now, you can solve this problem using a proven technique, guaranteed to work in 60 days! (This is for residents of the United States).

Full Description of Dispute Your Credit Report:

45 page e-book (Adobe pdf) chock full of explanations and exhibits explaining how to easily get to the RIGHT person at the creditor to get your credit report fixed. Just follow the instructions which work against even the mightiest financial institution. Instant download, no waiting once you buy.

Complete one-time price, no extra pitches or up-sells: $19.95

Just $19.95 Complete!
Return for refund in 60 days if not satisfied

This solution worked for me after months of frustration and I show you how to make it work for you. Just follow my instructions on how contact the RIGHT people at the financial institutions that will actually:

  • listen to your problem
  • understand your problem
  • understand that the have made an error when you show them the evidence
  • have their financial institution fix the error
  • report the fix to the credit bureaus to have your credit report changed


Your Name (required)

Your Email (required)


Your Message

 Additional Articles