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Help Your Credit – DIY Credit Repair

Is your credit score helping or hurting you? When it comes to your credit score, bigger is better. Lower credit scores translate to higher interest rates, less appealing qualified offers, and even missed opportunities. The good news is, there are steps you can take on your own to repair your credit and improve your score. Face the Facts. The first …

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Another Attorney Mortgage Relief Network Runs Into Legal Trouble

Legal News Line published a piece today on the action taken by the New Mexico Attorney General against Real Estate Law Center, Erikson Davis, Deepak Parwatikar, Balanced Legal Group, Pinnacle Law Center, Chad Pratt, and Balanced Legal Group. The Defendants in this case share some overlap with the Brookstone Law debacle that was targeted by the Federal Trade Commission. The …

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Busting 5 Popular Myths About Credit Repair

It’s no secret that the days of trusting banks, churches and judges implicitly are forever gone. With banks having had to pay huge fines for blatant misconduct including fraud, it’s pretty clear that you can no longer afford to turn your back on a financial service provider. So when other financial companies start expressing concern about how one related industry …

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Watch Out for These Credit Repair Red Flags

While the economy has been improving overall many Americans still struggle with their credit history. Currently, over 68 million have a bad or poor credit score (lower than 601) and are looking for fast, easy ways to fix or even erase damage to their credit history. With this demand, the credit repair industry has boomed. Offers for miraculous credit repair …

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Common First-Time Home Buyer Mistakes to Avoid

The good news: after the thumping the housing market has taken, it’s likely a smart time to be buying real estate for a lot of first-time buyers. The bad news: even in a favorable environment, you might still make a major mistake in your purchase. It’s not necessarily your fault, it’s just that home-buying is a tricky, multi-layered process that …

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The Perks of Having a Good Credit Score

Over time, there has been much erroneous impression about having credit score. Most people are often under the misguided view that credit causes you to stark of debts. Contrary this perception, having a credit card does not necessarily mean that you would take a loan or open a credit card account. In fact having a credit score offers many secret …

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4 Easy Strategies for Saving for College

If you’ve spent years putting off college savings, and then putting it off some more, it’s time to stop passing the buck. Consider these figures: the average four-year private college now costs $26,273 annually, according to The College Board. And public colleges aren’t exactly cheap, at an average of $7,020 per year.a No wonder students these days graduate with an …

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5 Things to Do Before Applying for a Loan

If we’ve learned anything from the economic meltdown, it’s that credit can be both a wonderful and a terrible thing. Used judiciously, a loan can help you get a home or a car without having to come up with all that cash yourself. But when overused, credit can be a quick road to bankruptcy when the bill comes due. Thankfully, …

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How to Find the Best Savings Account

Low interest rates may be terrific for people who are taking out a mortgage. For diligent savers, though, rock-bottom rates aren’t so great. In fact right now, average rates for the nation’s savings accounts are below a paltry 1 percent. But that doesn’t mean you shouldn’t do your homework, and seek out the best possible deal for your money. Over …

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Myths Versus Facts: Credit Card Usage and Debt

The recent passage of the Credit Card Accountability Responsibility and Disclosure Act of 2009 has prompted much discussion about credit card usage and debt. Given the global financial meltdown, it’s understandable that many are concerned about their own credit card debt and the practices of creditors in general. Unfortunately, these widespread discussions have given rise to numerous myths, half-truths and …