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A Special Man's Triumph In The Gold Rush!
Thomas F. Seymour is a 48 year old man, from West Hartford CT. He was diagnosed with polio as a child. Thomas has never really had the use of his legs. He has also been burdened his entire life with all the other challenges that polio can bring...
Good-Bye Bobby Knight And All The Sales Managers Like You!
The recent dismissal of Bobby Knight as the head coach of Indiana University should mark as big a change for sales management as it did for coaching. For years it was popular for sales managers to abuse their staffs with tirades and threats. I...
Philips Savvy/168 data cable
For sale:philips data cable, philips mobile phone data cable, philips cellular phone data cable, philips 9XX data cable, philips 620 data cable, philips 625 data cable, philips 820 data cable, philips 826 data cable, philips 630 data cable, philips...
Settle Smart: How To Do Credit Card Payment
The first step in doing a credit card payment is to understand
your monthly billing. The following are terms you will encounter:
Statement date - The date that the bill was printed.
Payment due date - this is the day that the cardholder...
WALMART AND THE RULES
Recently Kevin Pine shared an argument he uses with clients in his site design business. It goes like this. Picture the greeter in WalMart stores, the one that gives you a warm welcome, offers you a cart and a flyer announcing specials for the...
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About Credit Scores
You may know that different businesses from cell phones to home
mortgages base a large part of their decision for giving you
their services is based on your credit score. This score is a
number between 300 and 850 and is often referred to your FICO
credit score. FICO is short for Fair Isaac Company. This company
got together with the three credit reporting agencies, Experian,
Equifax and Trans Union, in the early 1980s and created a
generic and uniform credit reporting score. Each company uses
slightly different factors to give you your score, but a 720
from Equifax is equivalent to the same score from Trans Union.
The credit agencies look at your current loans, other debts and
financial obligations, and create a credit profile of you. They
then take this profile and compare it to other people in similar
situations and give you a rank based on those peoples' past
credit performance and how likely they were to repay their
debts. Your score is the supposed to represent how likely you
are to repay your debts.
Companies will have their own method for using credit scored to
issue you credit or services. A normal evaluation would be that
a person with a score of 650 and above has good credit and the
process for getting more credit will be fast and easy. At the
620-650 range, consumers have average credit scores. They may
need to show additional information like where their income
comes from or talk with the creditor so that they may asses the
person more carefully. The terms may not be as favorable as
someone with a higher credit score. People in the low category,
620 and below, can normally still get credit, but the finance
charges will be higher and with more restrictions.
You are legally entitled to have free access to your credit
report from each of the three companies once a year. There is a
website that is a joint venture from all three companies at
www.annualcreditreport.com. This site lets you view all
the
information in your reports and can help you resolve any
inconsistencies in the report. Many people have been denied
credit based on a low FICO score, only to find out that an old
credit card still has a small balance and was never fully paid
back.
There have also been reports of video stores leaving bad
information because of rentals that were never returned. In that
case, the consumer had to pay all the late fees to have the bad
mark removed. First, a company must have your social security
number to get a credit report, and most video rental locations
do not go this far. This does, however, make a point to show
that there may be long-term consequences for misusing your
credit.
This also makes the point that it is fairly simple for a company
to put a blemish on your credit report. If there is incorrect
information reported against you, you have the right to remove
it. First you should keep in mind that the problem can often be
easily cleared up with only a few phone calls. You should keep
in mind that it may be more difficult than this and may result
in having to make your case in front of a judge in court. Keep
track of everyone you contact and what was said. Keep in mind
that if you have to argue your case in court, all of your
detailed information about how you tried to fix the problem will
be invaluable.
Don't forget, your credit score is your reputation. In the past
people would be issued credit because they knew the person and
could estimate their credit worthiness. Today the economy is
global and requires a universal system whereby someone who has
never met you can gauge your credit worthiness. Your credit
report and credit score is your reputation and it is your right
and responsibility to fix your reputation if it gets tarnished.
About the author:
Credit Card Resource, Credit Card
marketplace for the people, has been in business since 2005.
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