February 2015

Transunion Lawsuit…time to cash in is running out!

By | February 13th, 2015|Blog|

The credit reporting agency, Transunion settled on a class action lawsuit by setting aside 75 million dollars nearly 2 years ago.  Now, this amount is but a drop in the bucket and a baby slap on the wrist for this particular credit bureau but that discussion is for another day! The reason if you’re not [...]

FICO showing fewer car loan defaults

By | February 13th, 2015|Blog|

It’s true, new car loan defaults are decreasing! It’s also true it doesn’t take much of a rocket scientist to understand that by tightening down the lending criteria for consumers looking for new auto loans this would be an expected result. There are some interesting facts.  Taking a look at the 720 credit score plus [...]

FICO provides a bankers view

By | February 13th, 2015|Blog|

On occasion, I am asked are things better or worse? When it comes to “credit things”  I think a higher percentage of people are trying to tackle their budgets by keeping their spending down to align more with their income realizing the tapping into their homes equity days are over, at least for the time [...]

FICO or FAKE-O credit scores

By | February 13th, 2015|Blog|

Experian and Transunion have been playing the game for some time but now Equifax has jumped into the selling of FAKE-O credit scores. They just couldn’t hold off adding this USELESS product to add to their bottom line! Now all three of the credit reporting agencies are in the business of pushing the FAKE credit [...]

Jumpstart the credit repair process

By | February 13th, 2015|Blog|

The following is an article recently posted in Ezine Articles I thought you might enjoy… In this world where money makes the world go round, it is of the essence that you maintain good credit. It is understandable, of course that you incur expensive spending here and there. Life, after all, is short and you [...]

Credit Scores… Real Time?

By | February 13th, 2015|Blog|

I talked with a member a couple days ago that was totally frustrated with the credit bureaus and the whole credit scoring process.  Hmmmm…sound familiar? Jack’s situation was that he had paid off several bills with a bonus check from work about 10 days ago.  He had called the three credit card companies involved and [...]

Is TU stepping up?

By | February 13th, 2015|Blog|

The last couple of days has been very interesting.   I have been contacted by the guys at TU, and by guys I mean the President and the COO, who seemed to be interested about working with us in a more constructive fashion.  They wanted to discuss how we could work together to streamline the process [...]

National Credit Federation is in the News!

By | February 13th, 2015|Blog|

Herschel Bentley, the Executive Director of National Credit Federation, the attorney assisted credit repair services company has been profiled in USA Today, CNBC, CBS Money Watch, Yahoo Finance and several other major news outlets including the Miami Herald, Boston Globe and San Francisco Chronicle in the last few days.  A total of 22 newspapers have [...]

DR Horton Partnets with NCF!

By | February 13th, 2015|Blog|

America’s largest home builder DR Horton has choosen National Credit Federation as it’s go to credit repair company! I have been in Houston, TX the last few days with one of our Regional Directors Dan Fries, who laid the ground work for this relationship, along with several other NCF consultants. You see DR Horton having [...]

The Credit Bureaus have a VIP list

By | February 13th, 2015|Blog|

Published May 17, 2011 | FoxNews.com Sen. Dick Blumenthal wants explanations from the three credit rating bureaus about a New York Times report about a VIP list they allegedly keep that favors the rich and famous over everyone else. The Connecticut Democrat wrote a letter Monday to Equifax, Experian and TransUnion about the reported separate [...]