Credit Repair Organization sued by Consumers

13 Nov 2011 | by Porfirio Hillman | No Comments »

Consumers have the right to sue. If they are dissatisfied, they have the absolute right to sue. That principle, once a undeniable truth, is being debated by the Supreme Court this week as a company called CompuCredit, a subprime credit card company, is currently being sued by three of its customers in federal court.

The customers claim that the company practiced deceptive measures that did not comply with the 1996 Credit Repair Organizations Act, which requires that credit repair organizations treat customers fairly and openly.

Wanda Greenwood, Deborah McCleese, and Ladelle Hatfield are the three plaintiffs. All three customers signed up for a CompuCredit marketed credit card. All three customers had bad credit, and were under the impression that the CompuCredit card would help them start over and get their credit score back on track.

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Bad attitude, good credit score

09 Nov 2011 | by Mildred Matthews | No Comments »

Are you a mean, no-good jerk? Then you are more likely to have a good credit score.

According to a study released Wednesday, people with bad attitudes tend to have higher credit scores, the numbers used by lenders to determine whether to loan money and how much interest to charge. Researchers from Louisiana State University (LSU), Texas Tech University and Northern Illinois University found a link between credit scores and consumers’ personalities. They considered FICO scores, the most commonly used scores in the United States, along with participants’ responses to surveys regarding their personalities.

And their findings may give jerks reason to celebrate: Those researchers found that there was a negative relationship between agreeableness and credit scores. Full Post…

5 Money Saving Tips

09 Nov 2011 | by Admin | No Comments »

People are always looking for ways to save money, so this article looks at five ideas for money saving tips. From reviewing your credit cards to making use of leftovers, there is definitely a wide range of ways you can get more out of your money.

Do comparisons

Often, it is possible to save money by doing comparisons on different products. There are now websites that allow you to compare the cost of everything from children’s toys and DVDs to car insurance, mortgages and other financial products. With so much choice available, it makes sense to ensure you get the best value available.

Check your credit card

You may also be able to save money on your credit card, such as by changing to an interest free card or a balance transfer card. T Full Post…

Debt Relief- An Overview

05 Nov 2011 | by Admin | No Comments »

Debt relief and settlement programs cover unsecured loans. If you are not in secured position due to be smashed under the huge volume of unsecured bank loan, you should choose your debt relief plans.

Debt relief is a sort of agreed settlement with creditors who like to negotiate with their debtors to get dues in more systematic manner. It is the fact that people own several thousand dollars to their money lenders as they are unable to bear expenses. They borrow money to clear their dues. This type of loan becomes a burden to a debtor eventually. That’s why a debtor should seek for instant backup from debt management centers.

You will have to try few authentic methods to repay your debts comfortably and competently. Debt relief options are numerous but you need to opt for the effective debt relief program which plays an important role to clear dues and loan amount. F Full Post…