List/Grid Monthly Archives: January 2011

How Low Can It Go

Well the perfect credit score is 850 but it seems that the worst possible credit score is only 300. Even so, apparently it is rather difficult to get a 300, you have to hit bottom in every single category and then probably go back and do it again. However, it is highly doubtful that many people aspire to that goal. You can, however, not qualify for a credit score and therefore not have one, since it takes 6 months after you open an account for it to be reported. But the way that usually happens is that you go from no score at all to a decent ...
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Protect Your Credit Card

We all try to watch our accounts and protect our credit but credit cards can easily fall into the wrong hands. Check out this article about protecting your credit cards from the wrong people. It only makes sense but it bears repeating as often we are actually the ones who allow our identities to be stolen. See “8 people you trust”
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Double Dip In The Housing Market

Housing prices in many cities across the nation are at their lowest level in years. And while everybody has a theory as to why and the comments on the Internet have people blaming the banks, the homeowners, the legislature, the government, the truth probably lies somewhere in the middle. The fact is that is will most likely get much worse before it gets better. It is inevitable as there is an estimated 5 million mortgages right now that are at least 2 months in arrears. And there is also a huge inventory of foreclosures now that are already in ...
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Credit Restoration

When there is talk about credit repair and credit improvement oftentimes the talk focuses upon mistakes and the things that you can perhaps remove on your report that can improve it. But what about the things that you could include on your report to make it better? What if you had an account that you paid on time, every time but it was never reported? If you do have some credit from the past that is good but it is not showing on your report what can you do? Well you should really look into it. You deserve credit, especially where good credit ...
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Last In Line, First To Buy?

We may not want to believe it but a current study indicates that people with last names that start with the letters from the last part of the alphabet are more likely to jump on the bandwagon and buy something first “before they’re all gone” than people with names that start with letters that come from the beginning of the alphabet. The recent study that was co-authored by Kurt Carlson, assistant professor of marketing at Georgetown University’s McDonough School of Business found that children with last names from the last part ...
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Not Too Early To Think About Your Taxes

Even though you have until April 18 this year because of some obscure holiday, it is still not to early to consider filing your taxes. Don’t wait for the mail because this year you won’t get it. The IRS has confirmed that they will no longer mail paper tax packages including the instruction booklet, Publication 17. More and more people are now filing electronically. If you need the actual papers you can get them at your local IRS offices, some libraries and post offices or you can go to You can also file for free online if ...
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My Credit Score and Report

The beginning of a new year is a good time to evaluate your credit score, your credit report and your finances in general. You can receive a free copy of your credit report to check for errors and mistakes and to see how you’re doing. Go to Now you can also receive a free copy of your credit score. A higher credit score will allow you to be able to get the best terms if you do need credit or financing. Credit scores are a numerical representation of your past credit history and they range from 300 to 850. Those ...
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Was “Flip That House” A Sign Of An Upcoming Mortgage Crisis?

In a 2005 meeting between economists and then Federal Reserve Chairman Alan Greenspan as the housing market was continuing to inflate a chief economist named David Stockton remarked about how he had come across a television show where the “gist of the show was that with some spackling , a few strategically placed azaleas and access to a bank, you too could tap into the great real-estate wealth machine. It was enough to put even the most ardent believer in market efficiency into existential crisis”. See Huffpo article- Fed Economist to Greenspan ...
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