Posts Tagged ‘obligation’


Should the government force companies to "forgive" all credit cards debts and start all over?

"Poll finds debt-dogged Americans stressed out". I notice that most the advertisement on Limbaugh, Hannity, Levin and Ingraham’s readio shows are by kind folks that show you how screw credit cards companies by defaulting on your debt obligation. If Rush, Sean, Mark and Laura endorse this way of getting out of debt, it must be [...]

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How A $300 Payday Loan Can Get You Imprisoned

If you ever get in an tough cash situation, a payday loan might be your best ticket out of there. Maybe you can’t use a credit card for whatever reason. If that’s the case, you can get money within 24 hours with a paycheck loan. You use the money to pay off your bills and [...]

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Under the Fair Credit Reporting Act (FCRA) do the credit bureaus have an obligation to maintain consistency?

My question stems from the fact that I have successfully disputed and had removed an account from two of the three bureaus. TransUnion and Equifax have removed an account many months ago, and I am wondering if Experian has an obligation to follow suit with the supporting documents being the deletions from the other two [...]

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My fico score is 747. How high will it go with having only credit cards?

I have three credit cards with the oldest account about 2 years old. I do not need or want a car loan or a mortgage. What is the maximum score I can acheive with just keeping credit cards. Also, will I be considered a high risk since I have no other type of credit obligation? [...]

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