June 10, 2006

From Credit Repair to Credit Millionaire

Filed under: Credit Counseling Tips — admin @ 8:47 am

From Credit Repair to Credit Millionaire Likely, everything you know about credit is wrong.

Popular credit folklore is targeted to a consumer who has gotten into trouble with credit. The recommended action steps for credit repair can be quite harmful when followed by an investor or business owner.

The get out of debt mindset holds you back.

The wealthy know that when they are in debt to buy assets, eventually, they will be worth as much as the value of these assets.

From Credit Repair to Credit Millionaire explodes the credit myths and takes you on the journey to become a credit millionaire. Learn about credit leveraging, the most powerful tool of wealth building.

Finally, you will grow your personal and business credit to qualify for all the financing you need for your investment activities. You will learn to build corporate credit and never personally guarantee a business loan again. Let the power of Other People’s Money work for you as you leverage millions of dollars of assets…

…because it’s easier to borrow $10 Million than to earn it at your job or save it.

From Credit Repair to Credit Millionaire is the only book on credit that deals with the special needs of an investor or business owner. Whether you have bad credit, no credit or great credit, following the steps in this system will help you get all the credit you deserve for your business.

With examples and tips specific to the US credit system, the basic laws of money, finance and credit are universal. This book has been enjoyed by readers worldwide!
Customer Review: Tremendously Helpful Resource
Money matters can seem complicated and confusing. This book helped me make sense of how credit works. It has taught me how to use credit wisely and to my advantage. My thanks to the author.
Customer Review: Not worth the price - way to long.
I have purchased a number of books about credit. All are better (and shorter) than this one. While not a lawyer, I have won cases agains all three credit reporting agencies — so I know a little about this subjet. The author says she is a lawyer, yet this book is not that useful. There are many other books on Amazon that are better than this.

This book was frustrating to read. In each chapter the author said that she would tell us a secret. Then, after 10-20 pages, never did disclose that secret. Each chapter reads like this. First, there is a big build up. Then you read, waiting for the big ah-ha — which never comes.

The information is this book is OK, but the author has too much filler. And she takes too long to get to the point. Lastly, the price is way to high. Almost any book on credit has a lower price, is shorter, and gets to the point.

Save your money and your time, buy something else.

Obtaining a Free Credit Report Two Times A Year Is Easier Then You Think

Filed under: Credit Counseling Tips — admin @ 8:18 am

Obtaining a Free Credit Report Two Times A Year Is Easier Then You Think
The typical turn around or delivery time after requesting a free credit report online or by phone is about four weeks with the wait increased to at least six weeks when obtaining a free credit report by mail.

Choosing an Airline Card
This article describes how to choose an airline card.

Credit Repair Forms
Looking for credit repair forms? This article may help.

Be Aware that Credit Cards Change
The changes in terms for your credit card can impact you financially. So many people simply pull the statement out of the envelope and never read any of the changes in terms or other materials sent by the credit card company.

The Lowdown on the Citi Upromise Card
Citibank has partnered with Upromise, Inc. to produce a card that awards cardholders with fabulous rebates that will contribute towards a tax-advantage college savings program.

Fed’s Olson says US mortgage portfolio very strong 

Filed under: Credit Counseling Tips — admin @ 7:37 am

Fed’s Olson says US mortgage portfolio very strong 
The U.S. mortgage portfolio remains strong despite some pockets of concern while the rapid growth of nontraditional loans raises issues about fairness and risk, Federal Reserve Governor Mark Olson said on Wednesday.

Weekly Home Loan Report: 31st May - 6th June, 2006 
Outlook for rate changes low. The past week has been a relatively quiet one for rate changes in the home loan market. Also the latest figures from the Reserve Bank, released yesterday, show that the volume of lending is declining.

Harland Financial Solutions Supports Puerto Rico’s MBA School with its INTERLINQ E3 Mortgage Lending Software 
Harland Financial Solutions, Inc., a wholly owned subsidiary of John H. Harland Company , presented the Mortgage Bankers School of Puerto Rico with its INTERLINQ E3 loan production platform software to support a new series of training sessions.

Upside down in a car loan 
Even with an improved credit score, it will be tough to refinance, says Dr. Don.

Long-term mortgages may cost you later 
When it comes to home mortgages, some people are thinking really long term by taking 40-year or 45-year — or even 50-year — loans. The attraction is lower monthly payments, which make these mortgages more manageable for some families. The disadvantage is that consumers can end up paying much more interest over the life of the loan than they would with a traditional 30-year mortgage.

Multiple loan applications can hurt credit score 
Dear Dr. Don, I am being told that when refinancing if my credit report has to be pulled and it is relating to a mortgage, that it will not affect my credit score. I have found quite the opposite.

County’s finances are rated ‘positive’

Filed under: Credit Counseling Tips — admin @ 6:51 am

County’s finances are rated ‘positive’
SignOn San Diego - The county’s financial outlook has been raised to positive from stable by Fitch’s, one of the national agencies that rates the fiscal health of local governments. County officials announced the rating upgrade Monday. When asked what it

Limestone police warn homeowners about scams
Decatur Daily - They offer to fix roofs, remove debris or repair lightning rods. Homeowners like one Limestone County woman who lost $8,000 spend money for shoddy work or no work. Limestone County Sheriff’s Department Chief Investigator Stanley McNatt said

Rise in ARM popularity bad sign 

Filed under: Credit Counseling Tips — admin @ 6:05 am

Rise in ARM popularity bad sign 
With interest rates rising, fewer people are applying for new mortgages - just as you’d expect. But here’s a worrisome surprise: More of the applicants are seeking adjustable-rate mortgages that could saddle them with bigger monthly payments if rates keep going up.

Briefcase: June 9, 2006 
Wall Street recovered from an earlier plunge to finish narrowly mixed Thursday as investors attempted to rally from a week of losses fueled by concerns that higher interest rates will strain the global economy.

Misfortune blamed for spike in foreclosures 
Nationally, foreclosures are up…

Bond refinancing not accurate 
Natchez A gigantic check may have created a slight misunderstanding by city residents and leaders. Last week the City of Natchez was presented a ceremonial $400,000 check representing the upfront proceeds from a bond payment swap arrangement the city is close to finalizing.

Specialty Foods Group Income Fund Provides Default Status Report 
Specialty Foods Group Income Fund today provided a default status update pursuant to the alternate information guidelines of the Ontario Securities Commission . These guidelines contemplate that the Fund will normally provide bi-weekly updates on its affairs until such time as it is in compliance with its filing obligations under Canadian securities laws.

Report: Former UNC Researcher Falsified Data 
CHAPEL HILL, N.C. — A biologist who resigned in 2003 from the University of North Carolina-Chapel Hill altered research materials and circulated falsified lab results, according to a federal agency that investigates research fraud.

Volunteer’s advice proves profitable

Filed under: Credit Counseling Tips — admin @ 5:29 am

Volunteer’s advice proves profitable
Kansas.com, KS - Jun 8, 2006… construction projects in progress across the United States, 18 remodeling jobs, eight service jobs doing smaller repair work and … “A lot of the credit goes to …

All Rights Reserved
True Citizen, GA - Jun 6, 2006Q: I’ve heard about credit repair companies. How do they work and are they worthwhile? The full version of this story will be available …

Fix sagging, sticking door with screws, not planer
Arizona Republic, AZ - 12 hours ago… It’s nearly impossible to make this repair look good and hold up to the impact of the … hung door will have a uniform gap, about the width of a credit card, on …

CRIME: Dog sold for drugs; man injured with lawn tool; more
Myrtle Beach Sun News, SC - Jun 8, 2006… permission. The man was there to repair a door. Theft … car. The person took her purse containing cash, credit cards and checkbook. Burglary …

Product Recalls
BusinessWeek - Jun 8, 2006… To determine if a range is subject to the recall and schedule a free, in-home repair, call 888-597 … Refinance Your Mortgage - Bad Credit OK Do you have bad credit …

DXP Enterprises increases credit facility
Bizjournals.com, NC - Jun 7, 2006… “The increased credit facility along … Based in Houston, DXP Enterprises (NASDAQ: DXPE) distributes maintenance, repair and operating products, equipment and …

Preparing To Buy A Home
Black Enterprise, NY - Jun 8, 2006… you can find a counselor who will go over your credit report with you, advise you about your current credit situation, and give you credit-repair solutions. …

Agreement would give Louisiana full financing
Times Picayune, LA - Jun 8, 2006… administration’s response to Hurricane Katrina, said the White House deserves credit for pushing … For a homeowner who wants to repair or rebuild an existing home …

DXP increases credit facility
BusinessWeek - Jun 6, 2006… said Tuesday it raised its credit facility with Wells Fargo to $40 million … DXP makes repair, maintenance and operating equipment and products for a wide range …

Lexington County turns Sanford down 

Filed under: Credit Counseling Tips — admin @ 4:53 am

Lexington County turns Sanford down 
Ive never been put under before. To sit there and hear somebody say, Have you got a living will? … It starts really setting in.

International Coal Group Revises Guidance for 2006 
International Coal Group, Inc. announced today that, due to a variety of operating issues experienced during the first half of 2006, it has lowered its outlook for the Company’s 2006 financial performance.

METRO LOG 
Stephen L. Carpenter, 41, was sentenced by Saginaw County Chief Circuit Judge Robert L. Kaczmarek to two to 20 years in prison, with credit for 52 days, for breaking and entering a coin-operated device, a telephone, attempting to possess burglar’s tools and habitual offender-third offense Dec. 21 at Don’s Foodland, 7935 Main, Birch Run. The judge ordered Carpenter to pay $180 in fees and fines.

Community News & Notes 
Steven Herrera of Falls Church and Amy Wyatt of Crescent City, California, have announced their engagement. Ms. Wyatt is an employee of the Fairfax County Public Schools and attends nursing school.

1996 Chevrolet Cavalier SE from North America 
“It’s junk and a death trap.” What things have gone wrong with the car? When I first bought the car the entire suspension had to be replaced. The heater only worked on the highest setting, until I payed 125.00 to have it repaired.

1991 Chevrolet Lumina Euro Sedan from North America 
What things have gone wrong with the car? This car was a repair nightmare. Despite having low miles, a multitude of electronic parts went bad. I replaced O2 and Air Idle control sensors several times. Master ingnition sensor went out. Computer was junk.

Voters reject measure to fund new schools 
For supporters of the Visalia Unified School District, Tuesday night turned out to be a disappointment.

Primary Election is Tuesday, June 6 
The Primary Election will be held Tuesday, June 6th. Polls open at 7 a.m. and close at 8 p.m. Primary elections are held to eliminate multiple candidates from the same political party competing against each other in the same race.

The cost of hurricane supplies 
We all know we should do it and sometimes we even think about it. But not everyone has actually gone to the store and purchased the supplies they would need during a hurricane.

Colbert has wisdom for Knox grads 
GALESBURG, Ill. Doug Dechow and Anna Leahy didnt know which Stephen Colbert theyd hear Saturday morning at the commencement ceremonies at their alma mater, Knox College.

Sanyo says “Oops”, recalls half a million phones

Filed under: Credit Counseling Tips — admin @ 4:21 am

Sanyo says “Oops”, recalls half a million phones
MobileMag - Give Sanyo a little bit of credit. At least they’re owning up to problems that their cell phones have, rather than trying to sweep the issue under the carpet. It appears that half a million of the company’s W32SA flip phone are having some battery

Literacy program gains $35,000 donation
Pahrump Valley Times - CARSON CITY - The Bank of America Charitable Foundation has donated $35,000 in support of a financial literacy program for rural Nevadans. The money was directed to Nevada Rural Housing Inc., which is working with the Nevada Rural Housing Authority

Southside Gang-Related Incidents
El Paso News - Friday, June 9, 2006 Police say it was gang related, it’s the fourth gang related incident in the past several weeks. Irving Hernandez says it caught him by surprise. His friend, a 13-year old teen was stabbed yesterday evening by a group of

Pre-foreclosures, Short Sales/Buying from the Bank
WSFA - Finding a foreclosure before anyone else or a pre-foreclosure can be a worthwhile investment. Buying a preforeclosure from a bank as a short sale can guarantee the purchaser equity on the day of closing. A short sale or short

Cashing in on Home Improvements
WSFA - Get quotes from multiple companies and select the policy that’s right for you. (ARA) - Depending on who you listen to, the burst of the housing bubble is either imminent or somewhere down the road. But all financial and real estate experts agree that

DXP Enterprises, Inc. Increases Credit Facility

Filed under: Credit Counseling Tips — admin @ 3:38 am

DXP Enterprises, Inc. Increases Credit Facility
dBusinessNews.com - HOUSTON — DXP Enterprises, Inc. (NASDAQ:DXPE) today announced that it has increased its existing credit facility with Wells Fargo to $40 million from $30 million. All other terms of the existing credit facility remain unchanged. DXP did not pay a

Pre-foreclosures, Short Sales/Buying from the Bank
WLBT - Finding a foreclosure before anyone else or a pre-foreclosure can be a worthwhile investment. Buying a preforeclosure from a bank as a short sale can guarantee the purchaser equity on the day of closing. A short sale or short

Loan sharks looking to double their business after World Cup

Filed under: Credit Counseling Tips — admin @ 2:51 am

Loan sharks looking to double their business after World Cup
New Straits Times, Malaysia - 21 hours agoKUALA LUMPUR: More than RM20 million have changed hands between loan sharks and their victims in the first half of the year and the figure is expected to …

Hospitals 10m loan prevents naming and shaming
Lancashire Evening Telegraph, UK - 13 hours agoEAST Lancashire’s hospital authority escaped being named and shamed in NHS finance figures - but only because it took out a multi-million pound loan. …

Sitting on a ticking time bomb
Times Online, UK - 10 hours ago… Interest-only mortgages were traditionally the preserve of endowment policyholders relying on the endowment to pay off the full loan on maturity. …

ADB provides USD 10 mn loan to Nepal for empowerment of women
Zee News, India - 18 minutes agoKathmandu, June 10: The Asian Development Bank has announced a USD 10 million soft loan to Nepal for the empowerment of poor rural women in the country. …

RL star ordered to pay back half of 7k loan
Whitehaven News, UK - Jun 8, 2006WHITEHAVEN star Carl Sice has been ordered to pay back half of a loan given to him by his former girlfriend s father. The Whitehaven …

Rusty s return: On-loan star back in town to take on Rebels
News & Star, UK - 19 hours ago… The 24-year-old Australian, currently on loan from the Comets to Edinburgh Monarchs, guests for his parent club against the Somerset Rebels. …

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