Directory —
Real Estate —
Blog Details for "Broken Credit Blog"
Broken Credit BlogBroken Credit BlogFree Credit Repair Seminar, Dispute Letter, Mortgage Advice. The Broken Credit Blog was created to assist the general public with information about credit repair and responsible mortgage lending. Articles
Delete Collection Upon Payment
2008-04-04 15:40:00 I have an old tel’ bill reporting on Exp & Equifax. I believe the a/c first became delinq. ie payment was due but never paid on 10/23/03. The Coll Agy. are reporting on Eq. 1st DOD as 4/04. & Expshows D of status, 12/07, D opened 11/07 etc. Though the SOL has expired I believe (in ... More About: Collections , Payment , Delete
If Rhyme Was a Charge-off I?d Sell It By The Gram
2008-04-04 02:42:00 What is the statute of limitation for an old delinquent/collection account? I was under the impression is was 7 years but I still have an account that is listed on my report. Love the site by the way! Carrie ———– Hi Carrie, Credit Reporting Limits & Statute of Limitations and Credit Repair Poetry. Thanks for the questions, hope this helps, and I’m ... More About: Charge , Sell , Gram
Forget My Foreclosure
2008-04-04 01:48:00 I have been reading all your articles and find them extremely informative and helpful. I am hoping to purchase a home, after having had a foreclosure (due to divorce) 9 years ago & rebuilding my credit since then. My Score is now close to 700. While I understand this foreclosure information is removed from one’s credit ... More About: Foreclosure , Mortgage
Deleting Bad Credit Upon Payment
2008-04-03 16:09:00 I am interested in getting a pay for delete letter for two derrogatory accounts. Less than a year old. Juan More About: Credit , Payment
Hardship Letters
2008-04-03 00:29:00 I need free samples of hardship letters for credit card debt due to disability. Joe ———— Hello Joe, The hardship letter must be truthful and in your own words. We have an example of a hardship letter for Fred and Wilma Flintstone requesting a forbearance plan. With credit card debt and a true hardship, it is possible to settle for ... More About: Letters
Results of the Week!
2008-04-02 21:03:00 Check out Adriel?s latest results! Here we go folks, another great job this week!! Martin County Circuit Court- This was a property tax lien that was paid by the customer and was not reported as such, it still showed as an ?unpaid lien?. I was able to have the lien completely deleted instead of showing as a ... More About: Results , Week
Higher Credit Scores Required by FNMA
2008-04-02 20:17:00 Fannie Mae, the largest U.S. mortgage-finance company, told lenders it will no longer buy most loans made to borrowers with credit scores below 580 as it tightens lending standards amid a slumping housing market. The government-chartered company, which owns or guarantees more than 20 percent of the $11.5 trillion of home loans outstanding, said the rule ... More About: Credit , Mortgage , Higher , Scores
Experian Public Records Reinvestigation
2008-04-01 01:45:00 This case illustrates how important it is for Experian, a company that traffics in the reputations of ordinary people, to train its employees to understand the legal significance of the documents they rely on. See generally Rudy Kleysteuber, Note, Tenant Screening Thirty Years Later: A Statutory Proposal To Protect Public Records , 116 Yale L.J. 1344, ...
ARM?d & Dangerous
2008-03-31 18:13:00 My ARM is adjusting and mortgage will be going up by 380$. I am current on mortgage but can’t afford an increase. I called my servicing company and they pretty much said no help because am not late. So should I risk it and be late??? Martha ———– Hi Martha, No, you don’t want to be late. You need ... More About: Dangerous
Learn Foreclosure Avoidance Strategies
2008-03-31 15:51:00 I?ve noticed a thing or two about the subject of foreclosure. For one, there are plenty of seminars on foreclosure on TV and the internet. I don?t have a problem with that. The problem seems to be that the seminars are all geared to buying a home from someone that is going through foreclosure. Huh? ... More About: Strategies , Foreclosure , Learn
Short Sale Financial Statement
2008-03-29 17:05:00 What is best for us to do? We purchased home with $172,000. down. We made many improvements to home. We refied for 10 year interest only. Our son was living with us and was paying $1,000. a month. My husband got injured at work and no longer can work over-time (which helped with the payment). We lost ... More About: Financial , Sale , Short , Statement
Forbearance
2008-03-29 06:01:00 My husband and I just completed a refi on our home. We start payments in roughly 30 days. In the meantime my husband tested dirty on a drug screen from work twice. He will likely be losing his job, I can’t afford the payment now on only my income, he can’t get another job if ...
PFD
2008-03-29 05:39:00 I am interested in a pay for delete service. Kendra More About: Credit Repair
Bankrupt Builder Short Sale
2008-03-29 05:20:00 My husband and I built an investment house in Arizona. We pulled a home equity loan on our primary residence to help with the difference that we needed to build this house. The economy in Arizona has been hit and our builder filed bankruptcy–all the homes that are around us are now owned by the ... More About: Sale , Short , Builder , Bankrupt
Mortgage Late Pays
2008-03-29 04:53:00 I disputed late mortgage payments with all 3 credit bureaus, one of them updated my report that I had no late pays, the other verified it that the late pays were reported correctly and the third change the months of the late pays. Is it possible to send a copy of the credit bureau that shows ... More About: Credit Repair , Mortgage , Pays , Late
Florida Judgments
2008-03-28 19:31:00 I live in Florida and have an unpaid judgement on my credit report. I am wondering how long it takes in Florida for the judgement to clear off of my credit report. Crystal ———— Hi Crystal, The statute of limitations for judgments in Florida may be up to twenty-years. Auf Wiedersehen Judgment and Passed Judgment answer your questions from ...
Credit Report Short Sale
2008-03-28 02:29:00 I need to know if doing a short sale will “always” show on my credit report as forclosure or short sale affecting for life my credit. Louie ———- Hello Louie, Short Sale Precaution and I’ll add to that, here’s an example of how to negotiate the credit reporting on a short sale (top of page two). How long can ... More About: Credit , Report , Credit report
Student Loans & Bankruptcy
2008-03-27 17:47:00 Paul, My son, who is 22 years old and a college student that is getting ready to go to grad school this fall out of state, needs to and wants to file chapter 7 bankruptcy on credit card bills and a couple of his private student loans. We are still investigating the student loans to ... More About: Student , Loans , Student Loans , Bankruptcy
Short Sale Precaution
2008-03-27 14:32:00 We are in the process of going through an approved short sale, but I haven’t signed any type of short sale contract like the one’s listed on your website. Is this unusual? We are closing in a few days, and I want to make sure that we are not liable for the difference. Also, how do they ... More About: Sale , Short
HomeSaver Advance
2008-03-27 01:35:00 How about a $15,000 unsecured loan to get you caught up on your mortgage? Check out the HomeSaver Advance from Fannie Mae! HomeSaver Advance, an unsecured personal loan, is a new loss mitigation alternative available to approved Fannie Mae servicers for eligible borrowers designed to bring a delinquent loan current. It provides funds to cure arrearages ... More About: Mortgage
Results of the Week!
2008-03-26 22:21:00 Check out Adriel?s latest results! Ok folks, more deletions this week! Anderson Financial Network-This was a medical collection that the insurance company paid late and it showed as a collection. Because the collection company reported it incorrectly (amount), it was deleted!! Capital One-This was a credit card that was the customer settled for 20 cents on the dollar ... More About: Credit Repair , Results , Week
Arizona Deficiency Judgment
2008-03-26 15:32:00 My wifes house went into foreclosure in AZ. After the bank took the home back we figured her credit was ruined but at least we were done with it. Now the bank says she still owes money on the second because it was a HELOC. She did an 80/20 with the second being a HELOC and ... More About: Arizona , Foreclosure , Judgment
Remember Your Mortgage Broker
2008-03-26 01:10:00 Who Brought You To The Dance. My husband and I would like to buy another house in the near future (a year or so). Our credit is not stellar, to say the least. We have multiple collections, charge-offs and late pays. To put it mildly, we have been stupid. The good news is, we are better now. ... More About: Mortgage , Broker
Run The Credit Repair Race!
2008-03-25 15:11:00 Hi Paul, My husband and I are looking to purchase our first home. We attempted to buy this year but due to too many lates we were unable to. We were told by our broker we needed to wait a year until our last late came off of our credit. Which is more important revolving credit, or paying medical ... More About: Credit Repair , Credit , Race , Repair
Undoing The Quickie Judgment
2008-03-23 18:42:00 First I have to say that I LOVE your site!!!! With that said, I have a scenario here in California that I really need some help with. I had a judgment from 2001, which I just paid in full and went to the court to file the satisfaction of judgment. While I was there I find that ... More About: Judgment
Credit Card Disputes
2008-03-23 02:41:00 The Fair Credit Billing Act (FCBA) is contained within the Truth in Lending Act (TILA) and has a one year statute of limitations. According to page 493 of the National Consumer Law Center?s ?Truth in Lending? (6th Edition), the FCBA requires that the creditor must provide the following after receiving notification by a consumer of a ... More About: Credit Cards , Card , Credit Card , Disputes
Cosigner Filed BK
2008-03-22 15:33:00 My parents recently filed Chapter 13. They cosigned on my student loans (from 10 years ago) which they have been paying. How should this appear on my credit report? I’ve recently been turned down for credit due to delinquencies, but have never been late on any of my accounts. These student loans were never late…just had ... More About: Bankruptcy
Financially Induced Anxiety
2008-03-21 14:45:00 Forty-five percent of consumers between 25 and 40 years old say they have too much debt to allow them to save or invest, and 35% believe they will be in debt for the rest of their lives, according to a new study by Charles Schwab Corp. According to ?The Gen X Money Mindsets Study,? 47% of ... More About: Credit Cards , Anxiety
How To Avoid Foreclosure
2008-03-21 14:26:00 I am writing this because my family and I have become victims of foreclosure. I feel that we were not given all of the options that were suppose to be given. We were shrugged off every time we tried to call and we were only given two options- pay off the entire amount all at ... More About: Foreclosure , Avoid
Results of the Week!
More articles from this author:2008-03-20 17:37:00 Check out Adriel?s latest results! Ok folks, more excellent results this week! Capital One- This was a credit card account that was closed in Nov of 2006. I disputed the accuracy of 3×30 late payments in early ?06 and they could not be verified, thus deleted! Capital One- The same thing as above but this account had a ... More About: Credit Repair , Results , Week 1, 2, 3, 4, 5, 6, 7 |
|
