Credit Facts, News and Information

Credit advice: How can I dump my timeshare?OCRegisterDeborah McNaughton, a Placentia credit expert, financial coach and author of “The Essential Credit Repair Handbook,” is here to provide her financial advice: Q. If we decide to stop making payments on a timeshare contract, how will it affect our credit … View full post on credit repair [...]

Los Angeles Times Scam watch: Credit cards, auto repairs, phone cardsLos Angeles TimesBy Stuart Pfeifer Credit cards – At the request of the Federal Trade Commission, a federal judge has halted a telemarketing campaign that allegedly sold bogus credit cards and drained money from victims' bank accounts. Operating as Platinum Trust Card … View full [...]

Allegedly Charged Illegal Up-Front Fee, Took Consumers’ Money Without Their Consent View full post on Federal Trade Commission (FTC) – Text of Press Releases

Consumers Can't Sue Credit Card Companies for Deceptive Language and Hidden FeesJD Supra (press release)The plaintiffs had hoped that the 1996 Credit Repair Organization Act, aimed at stopping deceptive credit card practices, would allow them to be heard in front of a jury. Not so, said the court—nothing in the act decisively prevents companies from [...]

Here are the average credit card rates from Bankrate’s weekly survey of large banks and thrifts. View full post on Bankrate.com: Today’s new stories Headlines

Protect yourself against credit repair scamsExaminer.comEven those with high credit scores have experienced closed credit card accounts and equity lines. When an account has not been closed, credit limits have been reduced to the current balance due. The terms credit repair, credit restoration or credit …and more » View full post on credit repair – Google [...]

Bonus offers for new credit card customers have been getting more appealing. Should you bite? View full post on Bankrate.com: Today’s new stories Headlines

Lowest Costs of Ownership for Bad Credit Auto LoansAuto Credit Express (blog)We understand this because for more than two decades we've been actively involved with bad credit auto sales here at Auto Credit Express. The website we developed reflects our experience on topics like interest rates and credit repair as well as … View full [...]

If I lower my credit limits on my credit cards, does that lower my credit score? If so, why? View full post on Experian’s “Ask Experian” credit advice column

Interest rates on new credit card fell to their lowest levels since August 2011 this week, according to the CreditCards.com Weekly Credit Card Rate Report View full post on CreditCards.com News: Bad credit, credit repair