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Archive for October, 2008

7 Deadly Mistakes That Will Kill Your Credit Score

Your credit score can get damaged pretty badly by things you do to improve it! As a long time credit counselor I have seen hundreds of people destroy their credit score while trying to fix it just because they didn’t know the game. Click on the “Read More” link to see these 7 [...]


What Is A Utilization Ratio And What Should It Be?

A Utilization Ratio is the ratio that is found by comparing your entire credit card balances with your entire credit limits.  If that doesn’t make sense yet, keep reading.  Imagine that all of your credit cards combined have a credit limit of $30,000.  If you use your cards and add the balance of each one [...]


Debt collector accused of stealing customer’s debit card info for spending spree

I just found this yesterday and wanted to make sure you realize how important it is to NOT give any of your personal or credit card information over the phone to debt collectors.
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A “rogue” Buffalo debt collector wasted no time running up debt on a Pittsburgh-area woman’s bank card after he convinced her to clear [...]


Is Credit Repair Ethical?

One issue for a lot of people who are interested in checking out credit repair options is that it actually ends up becoming a moral debate for them. On one side, they (usually) did make the payments late, or stop paying on the accounts. On the other side, should you really have to [...]


How Should You Deal With Collection Agencies?

If you’re like 99.9% of the people in this country, you absolutely hate talking to a collector if they call.  No matter what caused you to get in that position in the first place, most of them seem like they’re just out to harrass you and ruin your day.  They act like they don’t care [...]