04/11/14

Repair Credit Rating – There Is No Quick Fix

Trying to repair credit rating scores is not something you can do overnight. Neither is it something that someone else can do for you. There are ways to help you repair credit ratings, but you really do have to want to improve your rating to an acceptable level.

If you have been denied credit, chances are it is because you have a poor credit rating. To find out for sure, you can request an annual free credit report gov to see what information the report contains. Once you see that you have a lot of outstanding bills with missed or late payments, then you will have to take the necessary steps to repair credit rating. Although this won’t happen overnight, there are ways to improve your credit rating.

One of the easiest ways to improve your credit rating is to start paying your bills on time. Many people have a poor credit rating simply because they are negligent in sending in the payments because they do not realize how important this is to their credit rating. Even if you have plenty of money coming in to pay your bills each month, you could still have a low credit score and have to start to repair credit rating.

If you are having difficulty making your payments, there are still ways that you can improve your credit rating. One of these is to contact your back and arrange for a debt consolidation loan. When you use this money to pay off your outstanding bills and make the payments on the new loan on time, it goes a long way towards the repair of your credit rating. Creditors look favourably upon this because it shows that you really do care about your credit and want to improve your credit rating.

Another of the ways to improve your credit rating is to contact the creditors to see if they will take a lower monthly payment. When you are able to manage a lower payment and have it in on time, then you are also taking steps to repair credit rating. Creditors will usually work with you to find a manageable amount because they do want to receive their money back. You can also start with the lowest amount and make higher monthly payments to repair credit rating. In this way you are rebuilding your credit and getting your bills paid off at the same time.

There are some simple steps to repair credit ratings, but it takes some effort.

To find out more about Credit Repair visit Peter’s Website Credit Bureaus and find out about Credit Repair Services and more, including Free Online Credit Reports, and Online Credit Repair.

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11/21/14

Equifax Workforce Solutions to Discuss Prospects for WOTC Renewal in

Equifax Workforce Solutions to Discuss Prospects for WOTC Renewal in
During "Prospects for WOTC Renewal: A Well-Known Lobbyist Explains," Ezrie Yellin, product manager, Work Opportunity Tax Credit (WOTC) and Paul Zurawski, senior vice president, Government Relations and Regulatory Management for Equifax, Inc., will …
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Equifax Inc. to Issue Quarterly Dividend of Equifax Recognized as a Technology Leader on the 2014 FinTech Forward 100
"Equifax has made significant investments in technology to the benefit of our customers, so this ranking is further recognition of those capital initiatives," said Joy Wilder Lybeer, Senior Vice President of the Financial Services Group at Equifax. "We …
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.25 on December 15th (EFX)

Equifax logo Equifax (NYSE:EFX) announced a quarterly dividend on Thursday, November 6th, Stock Ratings Network reports. Shareholders of record on Monday, November 24th will be paid a dividend of 0.25 per share on Monday, December 15th.
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11/18/14

Few vets use free credit monitoring after VA breaches

Few vets use free credit monitoring after VA breaches
Only about one in 25 veterans offered free credit monitoring in the wake of Veterans Affairs Department security breaches has signed up for the service, a figure that VA officials call disappointingly low. Nearly 1 million veterans have had their …
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One Mattress Firm Store Dumps Sensitive Documents; Exposes Customers to
Consumers also need to be vigilant about monitoring credit activity. At annualcreditreport.com, you can get a free copy of your credit report every 12 months from each of the three credit reporting company. That means three times a year you can pull a …
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11/16/14

Latest Credit Rating News

AutoZone Given BBB Credit Rating by Morningstar (AZO)
AutoZone logo AutoZone (NYSE:AZO) has earned a “BBB” credit rating from Morningstar. The research firm's “BBB” rating suggests that the company is a moderate default risk. They also gave their stock a three star rating. A number of other analysts have …
Read more on The Legacy

Morningstar Assigns "A-" Credit Rating to UnitedHealth Group (UNH)
UnitedHealth Group logo UnitedHealth Group (NYSE:UNH) has received an “A-” credit rating from Morningstar. The firm's “A-” rating suggests that the company is a low default risk. They also gave their stock a three star rating. A number of other …
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Rating Agency Affirms Eskom's Credit Rating
"Standard & Poor's (S&P) has affirmed Eskom's local and foreign currency corporate credit rating at 'BBB-', with a negative outlook. On 20 June 2014, the agency placed Eskom on negative CreditWatch, this has now been removed," said Eskom in a statement …
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11/15/14

American Credit Counseling Offers Tips on How to Practice Proper Money

American Credit Counseling Offers Tips on How to Practice Proper Money
“We spend a lot of time talking about money, and virtually everyone has experienced an awkward social situation that involves finances,” said Steve Trumble, President and CEO of American Consumer Credit Counseling. “While these situations and …
Read more on Virtual-Strategy Magazine (press release)

Almost All American Consumers Fear Running Out Of Money
Some 64% of respondents feared they wouldn't have enough money to cover their bills http://www.mainstreet.com/article/5-tips-to-cutting-your-credit-card-bills-as-consumer-debt-jumps each month, while 14% stressed about not having sufficient funds to …
Read more on MainStreet

11/13/14

Internet Rules in relation to Cyberbullying Dangers, A NoBullying Article Released Today


London, UK (PRWEB) November 12, 2014

Bullying has become a big problem, particularly among children and teens. However, with the emergence of technology, such as smartphones, tablets and the internet, bullying has gone to a new level. Today teens not only face bullying in school, but they face bullying when they are at home via their phone or computer. Cyberbullying is a serious topic, and it’s important that parents understand how to protect their loved ones online. NoBullying explains rules of the internet in an article released today.

From net neutrality to rule 34, the internet world is filled with all sorts of actual and bespoken rules to govern online safety without damaging freedom of speech and freedom of information. The problem that faces each and every parent and caregiver is that while they understand the importance of a free internet, they can’t help but notice the dangers of cyberbullying, sexting, cyber stalking and harassment that are targeting their loved ones.

The article lists the possible dangers found online such as cyber bullying, sexting, identity theft, hacking and the availability of online porn for everyone to see. It also discusses the ongoing endeavors to protect users from such threats via education and a multitude of software designed for a safer online experience.

There is also mention of internet games and how, while designed for fun, they can still be a hub for multiple dangers for young impressionable users. Internet gaming is growing in popularity as multi-media devices are made more available and easier to use. There are millions of games on the Internet, some Internet games are designed to be played alone, while others are designed to be played with friends or strangers and no one can tell who is playing opposite their child in any game, hence the hidden danger of cyber bullies and online predators.

Ciaran Connolly, Co Founder of NoBullying says “No one can survive without internet access anymore, but the question is, are we aware of the hidden dangers present online targeting children and adults alike?”

He added that parents and teachers should make a point to educate the younger generations about the sad outcome of bullying online and offline. According to Connolly, it is quite imperative to press for more firm laws condemning all acts of bullying and harassment.

NoBullying.com features many pages dedicated to parents, teens, teachers, health professionals as well as posts related to cyber safety and the latest news about law making concerning curbing Bullying worldwide as well as inspirational Bullying Poems and famous Bullying Quotes.

The website regularly updates its bullying statistics and cyber bullying statistics as it is essential to understand how widespread the bullying epidemic is. It also regularly runs cyber bullying surveys and questionnaires to get recent updated statistics on everything related to cyberbullying.

He also added that anyone suffering from bullying in any form or way can always find advice and help on the NoBullying website – but if anyone is suffering from severe bullying or cyber bullying, the best thing is to talk to someone locally – a parent, teacher or local organization that has been set up to help with specialized councilors to deal with this topic.







11/12/14

Top 3 Debt Consolidation Providers In Houston, TX Announced By BestDebtConsolidationLoans.org


Houston, TX (PRWEB) November 10, 2014

The online company BestDebtConsolidationLoans.org recently analyzed the debt consolidation providers available to residents of Houston and is now announcing what it found to be the top three.

“We evaluated these companies based on six criteria,” said BestDebtConsolidationLoans.org spokesman Jimmy Saver. “They were fees, customer service, customer satisfaction, services offered, business ethics and financial standing. Given these criteria, we determined the three top debt consolidation providers available to residents of Houston are National Debt Relief, CuraDebt and Consolidated Credit.”

Many Houstonians definitely need help with their debts, as it has become the top city in the United States for rising credit card debt. In fact, one recent report revealed that Houston had a credit card debt increase of 5.45%, which is nearly twice the national average. Texans in general have an average of $ 5942 in credit card debt and the state’s average credit score recently fell from 716 to 708, a clear indication that many residents are having a problem with their debts.

National Debt Relief was rated as the top debt consolidation provider in Houston by BestDebtConsolidationLoans.org due to several factors, not the least of which is how it charges its customers. “All the funds sent to National Debt Relief by its customers are put into trust accounts that they control,” said Saver. “When and only when National Debt Relief has settled all a customer’s debts to his or her satisfaction and provided an approved payment plan does the company charge a fee. In addition, National Debt Relief has a very liberal cancellation policy. If a client becomes dissatisfied for any reason, he or she can cancel out of their program and will not be charged anything.”

BestDebtConsolidationLoans.org also ranked National Debt Relief highly because it has helped more than 100,000 individuals and families achieve debt relief through debt settlement and consolidation. It has consistently maintained an A rating with the Better Business Bureau and the majority of its customers have reported they were “very satisfied” with the services they received from National Debt Relief.

The company ranked as second best debt consolidation provider in Houston was CuraDebt. It has been in business for 13 years and offers prospective customers a free debt analysis and savings estimate. “We ranked CuraDebt highly for this,” Saver reported,” because it gives customers the ability to see how much CuraDebt might be able to save them before they are required to sign a contract. We found that CuraDebt’s counselors have good working relationships with the credit card companies and are almost always able to deliver on the promises they make their customers.Plus, they are able to help not just with bad credit card debt but also with defaulted loans, tax debts and student debt.”

Consolidated Credit was ranked third best debt consolidation provider in Houston byBestDebtConsolidationLoans.org. The reasons for this were twofold. First, Consolidated Credit is able to offer just one thing – consumer credit counseling. Second, it has only one debt consolidation solution, which is a debt management plan.”We understand that a debt management plan can be a very good solution for some people,” noted Saver. “It’s a way to get debt under control and paid off. However, these plans generally take five years to complete and many people are not able to finish them. People that want faster debt relief would be better off going to either National Debt Relief or CuraDebt where they would find debt consolidation options that could help then become debt free in two to four years.”

Residents of Houston that are struggling to repay their debts should go to the website http://www.BestDebtConsolidationLoans.org for more information on these three companies and on debt consolidation in general.







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11/10/14

Saint Louis University to Host Online Information Session for Military & Veterans on Veterans Day – November 11


(PRWEB) November 09, 2014

The School for Professional Studies at Saint Louis University (also known as SLU for Busy Adults) will host an online information session for active military and veterans on Tuesday, November 11. This half-hour webinar will be held from 5:30 – 6:00 p.m. (CST).

SLU recently approved an unprecedented, reduced tuition rate of $ 400 per credit hour for active military and veterans using Tuition Assistance or GI Bill Benefits. This rate is offered for both new and current undergraduate students pursuing bachelor’s degrees or certificates through the School for Professional Studies.

The online information session will highlight the:

    New lower tuition rate for military in undergraduate programs
    Online aviation management program (available at $ 250/credit hour)
    Free application and admissions process
    Flexible and convenient online classes
    Accelerated 8-week terms
    Credit for prior military training and service through ACE and CLEP

The session will also include information about more than 20 fully online bachelor’s, master’s and certificate programs. Most popular majors for service members include Computer Information Systems, Security & Strategic Intelligence, Aviation Management and Contract Management.

For more information or to RSVP, visit http://www.slu.edu/school-for-professional-studies-home/prospective-students/rsvp-for-slu-information-session

or call (800) 734-6736.

Classes in the School for Professional Studies are typically offered in accelerated eight-week sessions designed for busy adults. SLU for Busy Adults gives working professionals the opportunity to earn their degree with affordable tuition rates and flexible online and evening courses. In Saint Louis University’s tradition of excellence, the School for Professional Studies caters to nontraditional students so they can pursue Bachelor’s and Master’s programs from a globally-recognized university.

For more information about SLU for Busy Adults, visit busyadults.slu.edu or call (314) 977-2330.







11/9/14

SNL Financial releases evaluation on the condition of Europes banking systems ahead of the ECBs comprehensive evaluation


London, UNITED KINGDOM (PRWEB) October 21, 2014

revealed today, SNL Financial has introduced a brand-new report” onclick=”linkClick(this.href)” rel=”nofollow”>new report examining the condition of Europe’s financial methods ahead of the launch of the ECB’s comprehensive assessment.

The information and maps provide a picture of considered banks and the sovereigns included at end-2013, the date plumped for by the ECB. SNL’s particular focus has-been in the nonperforming loans still in the Eurozone system — which add up to some €900 billion — and degree that they need to hinder banking institutions’ power to lend and offer the economic climate. SNL has also reviewed banking institutions’ capital positions and profitability. There are issues everywhere; although banking institutions have plainly strengthened their particular money jobs, profitability and asset quality remain real difficulties.

You will find couple of shocks. Based on SNL data, the problematic financial institutions tend to be primarily can be found in the periphery: Greece, Cyprus, Italy, Spain and Portugal. Credit prices at year-end 2013 took their particular toll here.

Eventually, the results of this ECB’s evaluation is dependent upon politics and governmental will. Because of the absolute scale of this NPLs mixed up in system, the easiest course should insist the considerable money raised recently will suffice. Bank experts with stock to recommend will tend to this view; additional money increases will further force comes back and also the banking institutions’ already low profitability.

Quite how much money the financial institutions need is a matter for real dispute. In June 2014, Berenberg assessed the European bank operating system from top downwards and advised there clearly was a €320 billion money hole. A number of other lender experts currently claim that little capital is needed in the banks that they cover.

SNL has brought a simple measure of adequate coverage that has been achieved or almost accomplished by several leading financial institutions, such as the entire banking systems of France, Austria and Ireland. Given the eurozone average of 51per cent, a 60% protection proportion chosen does not look exorbitant; it corresponds to a bottom of cycle disability knowledge as Chirantan Barua, lender analyst at Sanford Bernstein, revealed to SNL.

A 60% coverage proportion shows a money need of €96 billion the Eurozone banking institutions at year-end 2013. Italy, followed closely by Greece, seems the absolute most challenged; after that follow Spain, Germany and also the Netherlands.

The total report can be obtained right here: https://www.snl.com/InteractiveX/Article.aspx?cdid=A-29481940-13350.

About SNL Financial

SNL Financial is a prominent provider of monetary information on above 6,500 community organizations and 50,000 private businesses running a business areas crucial on worldwide economy: Banking, Financial Services, Insurance, property, Energy, Metals & Mining, and Media & Communications. The SNL information solution combines breaking news, extensive data and expert evaluation into an electric database available online and updated around the clock.

For businesses and businesses contemplating additional information or even get a free of charge trial of SNL’s international banking product, kindly email product sales@snl.com, or phone +44 (0)20 7398 0873 (European countries, center East & Africa), +852 5808 1882 (Asia-Pacific), or +1 (866)296-3743 (America).

To get more details on SNL’s international financial coverage be sure to see: http://www.snl.com

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11/7/14

Overhaul of Credit Reporting Act Proposed to Help Consumers, Says Strategic Consulting Services


New York, NY (PRWEB) October 06, 2014

Strategic Consulting Services (http://www.strategiccs.org), a New York firm providing financial consulting for consumers, announces a new bill in Congress could make a major impact on credit scores and lending calculations in the United States. The “Fair Credit Reporting Improvement Act of 2014” proposes changes aim to dramatically improve consumer credit scores, reduce interest rate payments, and provide financing to borrowers who would otherwise be denied. While it is far from being passed into law, the new Act reflects a groundswell of support for reform to financial policies that impact consumers.

The Chair of the House Financial Services Committee, Rep. Maxine Waters (D-Calif.), introduced the Fair Credit Reporting Improvement Act of 2014 with sweeping changes to how consumers’ credit reports are calculated, according to the Sept. 10 edition of the Wall Street Journal. An update to the 44-year-old Fair Credit Reporting Act (FCRA), the proposals would shorten the amount of time that black marks remain on credit reports, streamline how inquiries are treated and remove adverse debt from a report within 45 days of being paid or settled. The last amendment to the law was a decade ago, providing consumers the right to one free credit report annually and directing mortgage lenders to disclose credit scores to borrowers.

The proposed Act represents the largest changes to FCRA since it was passed in 1970. According to the CFPB Law Blog and other media reports, consumers would benefit from changes that include:

Late payments or adverse items would have to be removed from consumer credit reports after four years instead of seven years.
Collections and paid/released tax liens would be removed after four years instead of after seven years.
Bankruptcies would be removed seven years instead of after 10 years.
Mortgage, auto or student loan inquires that occur within 120 days would be treated as one inquiry.
Adverse real estate loans (foreclosure, short sale, or other derogatory items) would be removed if the FTC or CFPB deem the loan involved deceptive lending practices.
Adverse student loan information would be removed if the debtor makes nine consecutive payments on time.
Fannie Mae and Freddie Mac would be required to regularly validate that their scoring models are statistically sound and investigate “alternative or additional” credit score products.
Credit scores would be defined as a score to arrange loans and not for insurance, utilities or tenant scoring scores.
Credit bureaus would be required to maintain sufficient staff for investigations with the ability to directly correct errors identified in credit reports, following set policies with full transparency for consumers.

The proposed Act comes in the wake of reports from the CFPB advocating reform of credit scoring, lending practices and debt collection. Responding in August, Fair Isaac Corp. announced its FICO Score would reduce the impact of settled debt and treat medical debt differently than other forms of debt. The changes proposed by Rep. Waters would make FICO’s change federal law and have a dramatic impact for borrowers with credit problems. Critics may argue the changes are too sweeping, reducing the level of insight that lenders need to adequately underwrite loans and imposing unnecessary burdens on lenders and credit bureaus.

“The proposed Fair Credit Reporting Improvement Act of 2014 reflects an urgency to reform the financial system and lending processes in America. Most Americans over the last decade have experienced financial hardships, struggled to pay off credit cards, or lost sleep over their mortgages while banks have seen growing profits. While the Act could be divisive in Congress, it does provide needed reform and help to consumers in a period when banks have tightened lending, seen record profits, and foreclosed record numbers of homes. This Act would improve the average American’s credit score, while keeping safeguards in place for lenders, and carefully extend credit to those who would have been denied otherwise,” says Ben Kittle, Senior Financial Consultant at Strategic Consulting Services. ”Anyone who is frustrated with their credit score or the lending process should contact their Member of Congress to have their voice heard. The proposed Act represents a big step in helping consumers, but it needs public support to pass Congress without being dramatically watered down.”

About Strategic Consulting Services

Strategic Consulting Services is a financial services firm with teams specialized in Debt Management, Mortgages and Business Services. With a comprehensive client-focused approach, the Company provides assessments looking beyond immediate financial issues to help clients build greater financial strength with smart habits and choices. Since 2007, Strategic Consulting Services has helped individuals and small businesses create savings plans, reduce debt, and make wiser spending choices. For more information visit http://www.strategiccs.org.







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