It is much easier to get paid charge-offs removed than unpaid charge-offs. There is no incentive for the creditor to fight the dispute, since they already have their money. So if you dispute the charge-off, the credit bureaus will send a verification request to the creditor. Most often the creditor will ignore the verification request. After 30 days with no response from the creditor, the credit bureaus will remove the charge-off form your credit bureau. Continue reading How is my credit score impacted by paying a charge off?→
Most of us are familiar with CarFax. We see the commercials all the time with the Fox puppet following the prospective car buyer around warning the buyer not to purchase the car before purchasing a detailed report on the vehicle. Believe it or not, there is a similar system that insurance carriers use for buildings, homes and the people that insure them.
Credit Repair Companies, even the good ones (and I say that very generously) remind me of a quote from one of my all time favorite private dick movies “the Two Jakes”. In the opening scenes Jake finds himself at the top of the heap, professionally speaking, the “leper with the most fingers.” This is how I feel about credit repair companies, even the good ones are just one finger away from being fingerless.
It’s hard to believe that it’s already that time of the year already. However given that I waited until Veterans Day to winterize my boat should make it is obvious that I have been attempting to deny the holiday season is already here but to deny it at this stage would be cause for a thorough head examination!
If you live in North Carolina your plans for Thanksgiving Day celebrations might invariably include the fine Southern tradition of Deep Fried Turkey. So when I got the email from my local U-Haul dealer thanking me for being a “loyal U-Haul customer this year” and the subject read “Oil-Less Propane Turkey Fryers at U-Haul for Thanksgivng” (typo included) it got me thinking about a conversation I had last year with my friend Don Fuller who happens to be my North Carolina Farm Bureau Agent. Continue reading Deep Fried Turkey Safety Tips→
Buying a home is one of the most exciting and scary times in a person’s life but it is also very complicated. There are a number of parties to this transaction and they read like a movie credit in order of appearance: