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Comment on FOR IMMEDIATE RELEASE: by Beso

Beso — Sun, 15 Apr 2012 16:47:11 +0000

It doesn't work that way. You will only get general tips, not sccpifies.Basically, pay off your credit cards. Carrying balances of morethan 30% hurts your score. Pay them off and get a quick score boost.Paying off derogatory items won't improve your score unless you get the item removed. But paid old debt looks better than unpaid. Creditors look at more than just your score.You will probably get the best info on how to improve (still just general info) at MyFico.com. You have to pay for the scores but you will get real FICO and not Fako that a couple of the credit bureaus sell you.Basically, time and consistent good payment history builds up your score.

Comment on DEFENDING CREDIT DAMAGE CLAIMS AND DEMANDS by Rekha

Rekha — Sat, 14 Apr 2012 10:06:03 +0000

annualcreditreport.com is the real free site to check your credit file for free once a year whoitut a credit card. NOT freecreditreport.com Avoid the temptation to pay a credit repair firm, as they cannot remove accurate negative info. If you’ve had recent defaults, charge-offs, late pays, then you need to understand these items have to age of your credit report naturally. After 7 years from the date of default you'll get a clean slate. Credit repair firms have no special power to magically delete negative items .all they do is dispute all negative items on your credit report and hope that the credit bureaus cannot validate the debt within the 30 day allowable time frame, in which case they must remove the items. You don't have to pay anyone to do this as you can do it yourself for free.Per the Fair Credit Reporting Act you have the right to request written validation of negative entries on your credit files. Per this law they must validate the item(s) within 30 days or remove them from your credit file. Mail a letter via certified mail with return receipt to all three credit bureaus (Equifax, TransUnion Experian). Include a photocopy of your driver's license and social security card If you don't include these, they may write back requesting them, which would slow the process down by several weeks. For each negative item, write a separate letter and simply include the phrase:Per the Fair Credit Reporting Act, I am requesting written validation of this item.Do this one at a time for each negative entry .DO NOT request validation for all items at one time.There is NO guarantee that this will work .It may give some decent results. The worst that can happen is that all negative items come back verified.

Comment on DEFENDING CREDIT DAMAGE CLAIMS AND DEMANDS by Tom Xue

Tom Xue — Sat, 21 Jan 2012 18:38:06 +0000

excellent post.Never knew this, thanks for letting me know.

Comment on WHEN NOT TO MAKE A CLAIM FOR ECONOMIC DAMAGE by business

business — Mon, 16 Jan 2012 13:37:45 +0000

Three late credit card payments can cause thousands of dollars of economic damage, and if there is a residential refinance or purchase costs increase, again thousands of dollars.

Comment on FOR IMMEDIATE RELEASE: by Divorce laws, divorce lawyers

Divorce laws, divorce lawyers — Tue, 03 Jan 2012 04:20:47 +0000

Divorce laws, divorce lawyers...

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Comment on CREDIT DAMAGE: THE INVISIBLE ECONOMIC INJURY by Sugel

Sugel — Sun, 25 Dec 2011 22:10:23 +0000

The ability to borrow against the value of real property is also affected by credit reputation damage. Prior to injury, for example, an injured party could borrow up to 90 percent of the value of the property. After the injury occurred, the amount available was reduced to 70 percent of the value. The amount of money that could be borrowed was reduced. Additionally, when credit is damaged, the interest rate increases as well, so not only was the amount of credit available reduced, but also the cost of borrowing that amount increased, making it more expensive to borrow against the value of the real property. Credit capacity was decreased by the 20 percent plus the property owner experienced increased borrowing costs.

Comment on WHEN NOT TO MAKE A CLAIM FOR ECONOMIC DAMAGE by E. Keith Owens

E. Keith Owens — Thu, 23 Jun 2011 11:28:36 +0000

.Considering the evolution on the methods of measuring the credit worthiness of a borrower through credit reports and scores it is inevitable that the too much quantified system may slip in case of data mishandlings. .It is deemed that accredited financial bureaus are unable to process and house too much volume of data and still make it accurate. The failure to maintain accuracy in their reports and scores has posted new dilemmas on rightfulness of data and its acceptability. Due to such investigation results public pressure and consumer lobbying forced the government to passed laws such as the Fair credit reporting Act or FCRA to give off a leveled playing field for disputes and correcting of this information.

Comment on ECONOMIC DAMAGES ARE ACTUAL DAMAGES PART 1 by How much house can I afford

How much house can I afford — Mon, 18 Apr 2011 02:18:51 +0000

are you on linkedin?

Comment on ATTORNEYS by Fredrick Lose

Fredrick Lose — Mon, 14 Feb 2011 15:51:14 +0000

Credit is damaged because of non payoff for lease trade in.

Comment on Case Awards by kamal arnous

kamal arnous — Tue, 08 Feb 2011 20:49:07 +0000

my message is that the defendant damage my repudiation by excuse me of fraud so i need advice from you urgently .agreement was papered and signed 1981 to1991 cert en period 1991 to 2001 option but payment was made up to 1994 and he claim that the receipt was fraud .now in 94 the administer and i we agree on 20 year option and it was mention on the agreement both copy now he said all was fraud and he bust my door and take all my goods please advice what i should do i sue him by injectement and he bribe the court that the agreement is fraud but the administer send me a notarized certificate from the u s a that the payment is good and the agreement also is good so i am clear of his allegation .. i need to sue him again for damage of my reputation and creditability is lost