Book Reviews, Book Trailers, Author Events, Live Forum and Chat
Top Three Reasons Consumers have Bad Credit!!
Over the years, I have done a lot of research. One crucial element about credit is that we often think that our behaviors(own actions) cause us to have bad credit. It is important to know that we have been following the norm (the wrong way) as it relates to credit.
It’s true that we as consumers play a vital role in our credit. However, I am here to tell you that about 15%-20% of your credit score it NOT your behavior. Some of you may be experiencing some of the actions not related to your own behavior. For example, creditors pulling back (CREDIT).
I will list my three reasons below:
1. Consumers are NOT watching there files to see the hidden actions that may cost them.
2. Collection companies are using ILLEGAL reporting tactics to keep your score down.
3. Consumers are not fighting back.
Explained in detail.
1. Consumers are NOT watching there files to see the hidden actions that may cost them.
Just think about it for a minute. If you a very rich, how often would you check your bank account? Would you know if 1,000.00 was missing?
We have got to start monitoring the actions of our credit file to see what’s happening behind the scenes. Often consumers get free reports once a YEAR, which doesn’t do them any good.
2. Collection companies are using ILLEGAL reporting tactics to keep your score down.
Collection companies sell accounts all the time. One interesting flaw in the system is that accounts get re-aged. It can be hard to keep up with and you may not be able to prove it, unless you have an old credit report. My suggestion is that consumers KEEP a copy of your credit file yearly. Print one every year and keep it for your records.
3. Consumers are not fighting back.
Consumers continue to accept bad credit and high interest rates. They are not working on their file. We spend money to clean our cars and clean our homes, but we don’t WATCH our file. For the majority of the consumers who do monitor their file, they don’t have a clue on the hidden behaviors or what to watch out for.
It is my prayer that consumers start to change the norm. The belief that paying your bills on time is true. So contrary to what you have read in the past, this is just a glimpse of what you have been missing.
To read more on my credit blogs go to www.creditadviseforyou.ning.com
Thanks for your support!!
It’s true that we as consumers play a vital role in our credit. However, I am here to tell you that about 15%-20% of your credit score it NOT your behavior. Some of you may be experiencing some of the actions not related to your own behavior. For example, creditors pulling back (CREDIT).
I will list my three reasons below:
1. Consumers are NOT watching there files to see the hidden actions that may cost them.
2. Collection companies are using ILLEGAL reporting tactics to keep your score down.
3. Consumers are not fighting back.
Explained in detail.
1. Consumers are NOT watching there files to see the hidden actions that may cost them.
Just think about it for a minute. If you a very rich, how often would you check your bank account? Would you know if 1,000.00 was missing?
We have got to start monitoring the actions of our credit file to see what’s happening behind the scenes. Often consumers get free reports once a YEAR, which doesn’t do them any good.
2. Collection companies are using ILLEGAL reporting tactics to keep your score down.
Collection companies sell accounts all the time. One interesting flaw in the system is that accounts get re-aged. It can be hard to keep up with and you may not be able to prove it, unless you have an old credit report. My suggestion is that consumers KEEP a copy of your credit file yearly. Print one every year and keep it for your records.
3. Consumers are not fighting back.
Consumers continue to accept bad credit and high interest rates. They are not working on their file. We spend money to clean our cars and clean our homes, but we don’t WATCH our file. For the majority of the consumers who do monitor their file, they don’t have a clue on the hidden behaviors or what to watch out for.
It is my prayer that consumers start to change the norm. The belief that paying your bills on time is true. So contrary to what you have read in the past, this is just a glimpse of what you have been missing.
To read more on my credit blogs go to www.creditadviseforyou.ning.com
Thanks for your support!!
Comment
About
Badge
Wet outside??? How about sitting inside and reading a nice book? Welcome to our free members Website created especially for book lovers! We now have nearly 1,000 members!
Please look around. To the left of your screen you'll find the newest and most popular authors on this site (thumbnail pictures).
On our site you’ll find up-to-date book reviews, upcoming author and book lover events, and the personal pages of numerous talented published authors!
We also have an active chat room where you can mingle with the authors and discuss your favorite books with book lovers like yourself. Every week we hold a special "chat" with one of the most popular new authors here.
New authors and book lovers are joining everyday and we’re all excited to be a part of this great new site! We look forward to meeting you and sharing some great books!
Not exactly what you were looking for? Try visiting one of our sister sites at:
A Book Inside, A blog for writers at http://abookinside.blogspot.com
A Book Inside Forum, a writers discussion group at http://abookinsideforum.ning.com
How to Write a Book at http://howtowriteabook.ning.com
Author's Box, authors resources at http://www.authorsbox.com
If you encounter any problems, please contact one of our volunteer staff members;
Administrator – Author 101 (Carol)
Technical Advisor – John
If you are a published author, please contact me through my page at Author 101 (Carol) upon your arrival to the site so we can feature your profile.
Check out those GREAT book trailers (right side of page down at the bottom)!
Please look around. To the left of your screen you'll find the newest and most popular authors on this site (thumbnail pictures).
On our site you’ll find up-to-date book reviews, upcoming author and book lover events, and the personal pages of numerous talented published authors!
We also have an active chat room where you can mingle with the authors and discuss your favorite books with book lovers like yourself. Every week we hold a special "chat" with one of the most popular new authors here.
New authors and book lovers are joining everyday and we’re all excited to be a part of this great new site! We look forward to meeting you and sharing some great books!
Not exactly what you were looking for? Try visiting one of our sister sites at:
A Book Inside, A blog for writers at http://abookinside.blogspot.com
A Book Inside Forum, a writers discussion group at http://abookinsideforum.ning.com
How to Write a Book at http://howtowriteabook.ning.com
Author's Box, authors resources at http://www.authorsbox.com
If you encounter any problems, please contact one of our volunteer staff members;
Administrator – Author 101 (Carol)
Technical Advisor – John
If you are a published author, please contact me through my page at Author 101 (Carol) upon your arrival to the site so we can feature your profile.
Check out those GREAT book trailers (right side of page down at the bottom)!
© 2009 Created by Author101 on Ning. Create a Ning Network!
You need to be a member of Author and Book Event Center to add comments!
Join this Ning Network