Archive for December 2015

Personal Finance Q&A: Don’t ignore a deceased spouse’s credit report

Private Finance Q&A: Don’t ignore a dead spouse’s credit report
Dear Liz: how can an individual get credit reports for an individual who is dead? My deceased spouse remains to my home loan and I’d want to review his are accountable to verify it really is correct. The property went through probate, thus I have actually documents showing i will be the …
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CFPB Cracks Upon Subprime Credit Reporting
Yesterday (Dec. 3), the CFPB took action against Clarity Services, Inc. and its own owner and CEO, Tim Ranney, for allegedly illegally getting credit reports. The bureau additionally stated that the company did not research customer conflicts in a …
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CFPB Hits Credit Rating Agency with Million Penalty for FCRA Violations
The buyer Financial cover Bureau (“CFPB” or “Bureau”) recently purchased a Florida subprime credit reporting company and its particular owner to cover an $ 8 million municipal punishment and to stop illegal methods in a December 3 Consent purchase. Clarity Solutions …
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Latest Bad Credit News

Is It Possible to Lease a Car With Bad Credit?
While most of car commercials that you come across, would give you the impression that all you need to do is turn up at the doorstep of car showroom and point at a car of your choosing and it would be yours in no time, the behind the scenes reality is …
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Can Bad Credit Business Borrowers Be a Good Investment?
When you apply for a loan, that all-important three digit number–your credit score–determines your fate. Small businesses are no exception. Most small business lender looks at a small business owner’s credit score in determining whether to approve him …
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Where Good Credit = Bad Credit
CarHop, one of the country’s largest “buy-here, pay-here” auto dealers, promotes itself as a company that offers fast approval for “just about anyone, despite bad or no credit.” While the company prides itself on the ability to help consumers, federal …
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Latest New Car Loan News

Denied car loan, techie ‘steals’ cars
A techie, who works with Infosys, allegedly stole two cars in a day, and was arrested by the Raidurgam police on Wednesday night. On Tuesday, Syed Ijaz (30) of Golconda, who works with Infosys in Ghatkesar, allegedly stole a Swift car belonging to a …
Read more on The Hindu

Is Janet Yellen Coming for Your Car Loan?
In fact, the place where consumers will see this change most is in the interest they pay… on everything from credit cards to car loans. That’s right. Fed Chair Janet Yellen is hiking your new car loan. However, she’s not hiking the rate by much …
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Easy Refinance Auto Loan : Following Just 5 Simple Steps
On receiving approval, pay off the existing auto loan dues and start making regular monthly payments to the new lender. Also, ensure that the car “Title” is transferred to the new lender. Some websites assist people to understand the easy refinance …
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How Your Credit Score Can Jack Up Your Home and Car Insurance

Just how Your Credit History Can Jack Up Your Home and Car Insurance
Whether good or bad, we have all a credit score. And enjoy it or otherwise not, that credit rating can factor into specific things like mortgage repayments, car repayments and insurance premiums. That’s the reason why it’s important to be self-disciplined with regards to your investing …
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Is Your Credit History Greater Than Santa’s?
To calculate his credit rating, FICO records, among other factors, Santa is the owner of their own residence, frequently utilizes credit to get toy-making materials and pays the debt right back on time. On top of that, he has got funded a fresh sleigh, which he’s presently paying off.
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Latest Bankruptcy News

Buncombe #35 on list of bankruptcy rates by N.C. county
A recent analysis by Lexington Law ranks Buncombe County #35 on a list of N.C. counties by personal bankruptcy rates. With 14.16 bankruptcies per 10,000 residents from March 31, 2014 to March 31, 2015, Buncombe ranks worse than McDowell (#44) …
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Is bias behind black church bankruptcies?
A fifth of the nation’s religious congregations are predominantly black, yet they account for the majority of bankruptcies among U.S. churches, according to new research. Of the 654 churches to file for Chapter 11 bankruptcy protection between 2006 and …
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Correction to 3rd Update of KaloBios Bankruptcy Story
Correction to 3rd Update of KaloBios Bankruptcy Story. December 30, 2015, 08:49:00 PM EDT By Dow Jones Business News. loading. Shutterstock photo. (END) Dow Jones Newswires 12-30-152049ET Copyright (c) 2015 Dow Jones & Company, Inc.
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CFPB director seeks to allay fears over widespread TRID violations

CFPB director seeks to allay fears over widespread TRID violations
Responding to reports that widespread violations of the new TRID rule have led investors to refuse to purchase loans on the secondary market, the head of the Consumer Financial Protection Bureau (CFPB) said the loan aggregators could be overreacting to …
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At least 3 prisoners released in error committed new crimes
Before the ruling, that “good behavior” credit in county jail did not roll over to count in prison sentence reduction. Inslee said a computer program included … system is expected to be in place by January 7. DOC is halting the release of all …
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‘Totally unacceptable’: State knew thousands of inmates released in error
Jay Inslee announced Tuesday the Washington Department of Corrections has been making mistakes in calculating sentences since 2002, resulting in thousands of inmates leaving prison early. Corrections officials … The governor ordered the DOC to halt …
Read more on The Seattle Times

Latest Pay Off Credit Card News

All Feelings You’ve Got Right After Paying Off Your Bank Card (GIFS)
Now, I’ll admit that i simply paid a small credit debt (don’t inform my better half … joking), although it absolutely wasn’t everything outrageous, it appears to be like I’m one of many. The truth is, it’s believed that near to 70 per cent of millennials have long-term …
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How 3 Millennials Drastically enhanced Their particular Credit Scores in less than a Year
The very first thing Christensen performed was pay back the majority of their collection accounts therefore the IRS financial obligation. Then applied for a secured bank card. “I became careful in creating sure we paid down my bank card each and every few days without fail,” he claims. “I didn …
Read more on NerdWallet (blog site)

Here’s The Top Reward Walmart Gets From Its New Mobile Phone Payment System
Walmart Pay permits consumers with its cellular application to pay at any checkout lane, making use of an iOS or Android os device and any major charge card, debit, pre-paid or Walmart present card. It’s now rolling out to pick stores, because of the U.S.-wide launch finished by …
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How the Fed’s Rate Hike Affects Your Credit Card

How the Fed’s Rate Hike Affects Your Credit Card
It’s been so long since the Federal Reserve raised interest rates, many people have forgotten that their credit card interest rate is probably tied to the prime rate. Nearly every credit card now has a variable interest rate. That means nearly every …
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Rising interest rates coming: 5 things to know
Various surveys indicate that many Americans continue to struggle with financial-literacy topics, including those related to interest rates. This hasn’t stopped millions of people from using credit cards, taking out student loans and buying homes and …
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4 Quick Ways to Improve Your Credit Score

4 Quick Ways to Improve Your Credit Score
It might seem counterintuitive, but taking on new credit can bolster scores in a variety of ways. A new unsecured credit card could get your credit utilization rate in line, especially if its limit is high and you keep balances low. A secured credit …
Read more on Credit.com News (blog)

Common payment processing protocols found to be full of flaws
Credit card users could have their PINs stolen, and merchants could have their bank accounts pillaged, in a set of attacks demonstrated by researchers Karsten Nohl and Fabian Bräunlein at the Chaos Computing Club security conference. Much research has …
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Latest Credit Cards News

Charge card chips mean longer outlines for shoppers
You could have a processor chip on your own neck about much longer holiday shopping lines in 2010 — nonetheless it’s a chip in brand new bank cards that’s to blame. Customers and cashiers within town’s huge retailers have now been grumbling about a credit-card chip technology …
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State Attorney: No criminal activity in Destin bank card fees situation
State Attorney Bill Eddins established an investigation into costs on city-issued credit cards in October for all 34 town staff members. City officials initially requested in research into the reason why city-manager Greg Kisela used his city-issued card for a …
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Troopers: Canandaigua residence health aide accused of stealing credit cards from
A Canandaigua home wellness aide is dealing with multiple costs after being accused of stealing a client’s credit cards and using them to shop for numerous gift cards. Police have actually recharged 45-year-old Caryle Wilt with fourth-degree grand larceny, a course E …
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