Debt settlement with Citibank

I met an old friend whom I hadn’t seen for quite sometime, at the 4th of July party. After having a few beers, he told me the story of a debt settlement with Citibank. Both, he and his wife got into major credit card debt and struggle mightily for a while. Finally they managed to [...]

Can someone steal your identity if they have your driver’s license and account number?

Question by Eve O’connor: Can someone steal your identity if they have your driver’s license and account number? Is it possible for your identity to be stolen if someone has your wallet containing your driver’s license and bank account number? yes. I had someone start up a service and bill it to my hone phone. [...]

On Cell Phone Hacking and Privacy: A Modest Proposal for Mr. Murdoch

The recent revelations regarding the outrageous escapades of certain News Corp. subsidiaries, and the employees thereof, have been so scandalous as to capture and dominate the attention of the worldwide media for several weeks. For once, most Americans began to follow business news with the obsessive fascination normally accorded “Jersey Shore” and “Keeping Up with [...]

Reader Q&A: Settling A Closed Credit Card Account

Question: I had an ever expanding line of credit at Citi that eventually made it up to $17k when I was a recent and very poor grad student who essentially lived off the card. (Yes!!! Lesson learned.) A couple years ago, Citi decided it wanted out of the relationship and terminated the account. I have been [...]

July 24, 2011 • Tags: Card, Credit Card • Posted in: Credit Score News • No Comments

Payday loans and their impact on your credit rating

It might shock you to know that even your payday loans can have an impact on your credit rating even though the provider does not conduct a credit check. Just as it is the case with the other providers, even the payday loan providers will have to report details of who gets the finance and [...]

Is there a correlation between failed mortgages, job loss and illegal aliens in the same area?

Question by Naturescent: Is there a correlation between failed mortgages, job loss and illegal aliens in the same area? What areas have been most affected by job loss to illegals vs job loss from companies moving their manufacturing work to another country? And which countries have these jobs moved to? HUD: Five Million Fraudulent Mortgages [...]