Credit Score

More Foolish Advice!

A few weeks ago I was doing a public speaking event and one of the questions I received was “what is the best way for someone with no credit to build a credit score?” Before I answered the question the person got even more specific and told me that a bank had told him the …Keep reading

You Have Got to be Kidding Me…or Ma...

Sen. Dick Blumenthal wants explanations from the three credit rating bureaus about a New York Times report about a VIP list they allegedly keep that favors the rich and famous over everyone else. The article says the Connecticut Democrat wrote a letter Monday to Equifax, Experian and TransUnion about the reported separate system in which …Keep reading

They REALLY don’t care about yo...

The Government Accountability Office states that as much as 80 to 90% of credit reports have serious errors on them. In other words, only 1 or 2 people out of every 10 actually have a credit report that is 100% accurate! Not exactly the best success rate. Granted not every error on a credit report …Keep reading