What is a credit report Phoenix

Formerly of FICO, Equifax and Credit.com, John is the only what is a credit report Phoenix recognized credit expert who actually comes from the credit industry.  Follow him on Twitter here. Recently, Wells Fargo announced that as of October 14, 2011, they will begin to test a $3 monthly charge for checking account what is a credit report Phoenix customers that use their debit card.

This fee is in addition to other what is a credit report Phoenix monthly checking account fees.

Customers that don’t use their debit card won’t have to pay the monthly fee. The pilot will be conducted in five states – Georgia, Nevada, New Mexico, Oregon and Washington. Their decision was based upon the Durbin Amendment of the Dodd-Frank Act which lowered the debit card transaction fee merchants pay banks from $.44 to $.21.  The Durbin Amendment will become effective on October 1, 2011. Read the rest of this entry If youre looking for credit, be wary of some gold or platinum card offers promising to get you credit cards or improve your credit rating. While sounding like general-purpose credit cards that are accepted most anywhere, some gold or platinum cards permit you to buy merchandise only from specialized catalogs. credit report free Marketers of these credit cards often promise that if you participate in their credit programs, you will be able to get major credit cards (such as an unsecured Visa or MasterCard), lines of credit from national what is a credit report Phoenix specialty and department stores, improve your credit, and other financial benefits. Read the rest of this entry Payday loans are considered advance loans, check advance loans, post-dated check loans, or deferred deposit loans. Regardless of their name, these small, short-term, high-rate loans by check cashers, finance companies and others all come at a very high price.  Consumers with no bank accounts or credit cards are the usual customers of payday lenders. Here’s how they work;  A borrower writes a personal check payable to the lender for the amount the person wants to borrow, plus the fee they must pay for borrowing. free credit report government website The company gives the borrower the amount of the check minus the fee, and agrees to hold the check what is a credit report Phoenix until the loan is due, usually the borrower’s next payday. The fees on these loans can be a percentage of the face value of the check or they can be based on increments of money borrowed, such as a fee for every $50 or what is a credit report Phoenix $100 borrowed. The borrower is charged new fees each time the same loan what is a credit report Phoenix is extended or “rolled over.” Read the rest of this entry Ive previously discussed notifying creditors when a family member dies.  The result of a death in the debtor family is all accounts are reported as deceased on the deceased consumer’s credit reports. If there are joint and/or authorized user credit card accounts, these accounts are also reported as deceased on the surviving spouse’s credit reports. Both consumers who qualified for the joint account are responsible for payment.  An authorized user is not responsible for payment, but can use the account. So, what happens if the surviving spouse wants to what is a credit report Phoenix use the joint and/or authorized user accounts? Its not as simple as what is a credit report Phoenix just using the card Read the rest of this entry For all those students who graduated in the Spring and funded their education with student loans, youre in for a surprise this Novemberinvoices.  Thats right, the 6 what is a credit report Phoenix month deferment window will be expiring and your loans will become due and owing.  This means youre going to have to start making payments. view free credit report

Be aware that student loans are very different than any other type of consumer loan product.  Here are some of the more significant differences between the loan types; Read the rest of this entry We’ve all heard the horror stories.  I closed all my accounts and my credit scores dropped!