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[caption id="attachment_258" align="alignleft" width="300"] Credit and...Pirates![/caption] It’s International Talk Like a Pirate Day, September 19th, 2018! In honor of such a prestigious and momentous event, we wanted to breakdown the origin of the first corporations (pirates!) and give a brief letter of encouragement to all sailors on the sea of life in search of major treasure and fine trinkets (i.e. financial success), as we are currently living in an economic environment that is not friendly to the individual. Wait what? Back when our government was trying to figure out the major fiasco of the 2008 financial crisis and global credit…

  [caption id="attachment_246" align="alignleft" width="300"] With Great Credit, Comes Great Opportunity[/caption] Money is one of the most mysterious things on the planet. It’s the pathway to security, to freedom, to pleasure; it is a festering nuisance because there never seems to be enough of it, or it’s somewhere in between. It’s been around a long time, starting around 9000-6000 BCE when a funky ape named Homo sapiens started domesticating cattle and exerting agricultural control over the environment. In its first iteration, cows and plant products were money, and over millennia it has been salt, rocks, cloth, sticks, gold, silver, paper,…

Credit scores: They determine whether we can buy a home, car and even get student loans. Consumers in general are captive to credit reporting agencies. We expect them to get our payment histories right. For years, FICO (Fair Isaac Corporation) has had a corner on the credit score market. Consumers are not privy to their FICO score and the first sign of a problem is a credit rejection. The rejection reasons for most loans is a low credit score. Over the last decade, a FICO competitor has emerged: Vantage. CAN ADDING TRADELINES OF CREDIT REALLY HELP ME AS MUCH AS…

Determining whether it is more economical to lease or buy a car is not simply a matter of looking at the monthly cost or the purchase price. Instead, to get a complete picture, numerous factors need to be taken into consideration. A Look at Monthly Payments In terms of monthly payments, leasing tends to be the more economical choice. For example, a sedan that costs $24,775, including leasing fees, results in a monthly payment of $294. In comparison, after a down payment of more than $4,000 on the same new car, the owner pays $400 a month. Purchasing a used…

Do you know you have lots of credit scores? You do, and different lenders use different scores to determine your credit worthiness. Your credit score is a number determined by ranking items on your credit record and then taking those rankings to calculate your credit score. Complicating things is that each of the three major credit reporting agencies (Transunion, Experian, and Equifax) use slightly different criteria when computing your credit score. So, to start, you have 3 different credit scores. But, those credit scores are based on information from Fair Isaac Corporation and is known as your FICO score. But, the credit reporting…

Imagine you are home, the phone rings, as soon as you say hello the person on the line informs you that the call is a debt collection call. You don’t remember owing any entity or person anything and ask for information about the debt. The caller tells you the debt is four years old and they are with a collection company assigned to collect it. Do you pay it? What should you do? If you owe a past due debt, or someone informs you that they are contacting you to collect an old debt you have rights. These rights are…

Your credit is in disarray. You have overdue payments, missed payments, collection attempts and other derogatory information on your credit report. Things cannot get worse. Can they? Yes, they can. Pay a CPN (Credit Privacy Number) broker for a CPN number and you could go to jail for fraud. Credit Privacy Numbers go by many names including: Credit profile number; and Secondary credit number (SCN) There is much debate on message boards concerning their legality for use as a credit repair tool. The information available from trusted authorities suggests their use is often an attempt to break the law concerning…

People have some strange ideas, bigfoot, the Loch Ness Monster, Kim Kardashian being worthy of attention, but none of these are going to do you much harm, and they may even be fun, or at least entertaining. But myths about credit can be damaging, to your reports, and especially to your finances. Here are six odd viewpoints/questions we've addressed in our time as credit consultants. CAN ADDING TRADELINES OF CREDIT REALLY HELP ME AS MUCH AS I NEED? 1. I’m not looking to get any credit cards, a mortgage, or a car, so I don’t need credit. Credit is not…

You applied, got rejected — what now?? CAN ADDING TRADELINES OF CREDIT REALLY HELP ME AS MUCH AS I NEED? You’ve decided to apply, and the possibilities dance tantalizingly in front of you, for that credit card you’ve been eyeing, that sexy piece of plastic that opens doors to new possibilities—that you won’t max out and will remember to pay off monthly… Or that car you’ve been dreaming of putting yourself in and cruising around town… Or jangling those keys to your new home, finally building equity instead of paying someone else’s mortgage…then you or an agent hit the submit…

Do you have bad credit or no credit? Do you have decent credit, but want to amplify your credit score? You’ve likely heard all the traditional advice for improving your credit score: secure lines of credit, make your payments and don’t fall into poor standing. This conventional advice isn’t always the best, especially for those who wish to repair and rebuild their credit quickly. Fortunately, tradelines for sale exist as a valuable tool that anyone can use to build, repair and enhance their credit rating. What Exactly is a Tradeline? [caption id="attachment_1577" align="alignright" width="300"] Buy Seasoned Tradelines by Boost Credit 101[/caption]…