In our recent webisodes, weve discussed the negative effects that debt settlement services can have on your credit. In this episode, were going to focus on how you can select a reputable organization to help you manage your debt, and satisfy your creditors expectations. Join Christopher Viale, Cambridge Credit Counseling’s President and CEO, as he discusses finding legitimate debt relief.
www.cambridge-credit.org — In 2009, more than two million homes were lost to foreclosure, short sales, or deeds in lieu of foreclosure. Many experts agree that 2010 will see an increase in such activities because of our sluggish economic recovery. Experts are currently estimating that approximately 2.4 million more homes will be lost over the next year despite the measures created by the administration to avoid such outcomes. What has surprised many is the impact mortgage modifications have had on credit scores. Although new measures have been established to protect individuals credit scores, the changes may not help in the long run. Join Thomas Fox has discusses how mortgage modifications can potentially lower your score and what measures you can take if they do.
If you’re like me, you find no pleasure in shopping around for car insurance. The process can be mind numbing, confusing and downright annoying, but it’s something you have to deal with if the state you live in requires that you carry an automobile policy. So, if you’re going to put the time and energy into shopping around, you might as well do so armed with the knowledge that can help you save some money. We did a little digging, and found some interesting things that can affect your premiums – some of which may shock you.
Several decades ago, Fair Isaac and Company (FICO) revolutionized the credit rating system with the introduction of their FICO Score a three-digit number representing an individuals creditworthiness. In 2007, FICO began the process of overhauling its scoring model to better predict the risk represented by consumers. Roughly two years later, FICO 08 was released. This weeks episode of Cambridge Credit Counseling Corp.s Your Money 2.0 reviews these changes and explains how FICO 08 will impact your credit profile.
I am researching bankruptcy via WIKI HOW, but am confused about processing it without the counseling of a credit counselor. I have had no income to counsel about. Can anyone with bankruptcy legal experience explain this (in the USA).
Dark Green Money: If I was a horse in AZ , I would hide in the barn on Sunday and go out on Monday, although it does get very hot there.