If you have bad credit, here are 3 simple choices for you to make about credit repair:

1. WAIT  7-10 years for items to come off your credit report

2. PAY  2x to 3x the normal interest rate on everyday things

3. ACT  Take matters into your own hands and repair your credit report !

That pretty much sums it up. There is simplicity in being brief!

Until Next Time,

Mark

More Banks Seized By The Government


Hello All,

Once again there is more news about banks failing and having to be taken over by the U.S. Government. However, if you listen to all of the talking heads on the news programs, the recession is officially over and the good ‘ole days are here again…Yeah right!

Who are they kidding? Foreclosures are still up, unemployment is up, banks and credit card issuers are jacking around with interest rates and creative fees, and with the new health care bill about to be rammed down our throats, we are in for a major financial shakedown!

For those of you with bad credit the near future is going to be rough! I found an interesting article today that I think you should all read:

Click Here for the full article.

Your Credit Insider,

Mark


     One of my reader’s recently sent in a question about wanting to know the difference between the Fair Issac Corporation’s FICO Score and the Vantage Score from Trans Union and Experian.

I have covered this in previous articles and posts before, but I found a terrific explaination from a great credit blog we have just started to follow.

Click Here  to get the full scoop.

Coming up, a new technique to stop Debt Collectors and Attorney Debt Collectors dead in their tracks!