Your Credit File Contains History Of Your Financial Life
Your credit report is an electronic file that contains data about your financial accounts. This would include mortgages, credit cards, and any other types of loans.
2009 Credit Card Reform Bill
June 3, 2009 By Leave a Comment
Finally A Positive For Struggling Americans Toward the end of May 2009, the Senate voted for a bill that will curb the banks dirty credit card tricks ; finally something that was voted in favor for the American people! Some of the key highlights of the bill include: – Stop to unexpected unannounced interest rate [...]
Another Credit Card Bites The Dust!
June 1, 2009 By Leave a Comment
Credit Card Company’s Dirty Tricks A very strange and frustrating thing happened today… I was at local Home Depot store in the High Desert (Southern California) to collect some chicken wire for a client for one of my businesses. The total amount of the bill came to about $120 including taxes. I presented my commercial [...]
Banks Still Not Lending
April 29, 2009 By 1 Comment
Bailout Money Spent, Yet No Lending When the banks got bail-out money from the Federal Government, the consumer expectation was that the banks would start lending again and jump-start the economy. Well at the time that was a reasonable expectation and certainly seemed like a good idea… I have a “green” commercial project that has [...]
Maxed Out Credit – Part 4 (Big Banks)
April 27, 2009 By Leave a Comment
Financial Rape An investigative reporter, Mike Hudson, started to write about why it is difficult for people to leave poverty, and what he discovered was that the institutions feeding on the unfortunate and the poor are not small, local organizations. Far from it. They are your big banks such as Citibank, Chase Manhattan, and Household [...]
Maxed Out Credit – Part 3 (Debt Collectors)
April 22, 2009 By Leave a Comment
Debt Collectors Taking Over This part of the series starts out with a report of a missing person. Sadly, the creditors started calling shortly after and it was feared that the person missing was probably head-over-heels in debt and decided it was too much to deal with. The creditors were blood hounds, calling relentlessly. Debt [...]