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Some Old Debts Just Resurfaced on My Credit Report. – Carrie

“Dear Steve, Several years ago (6-8 years) I accumulated approximately $25,000 of debt and no reasonable way to pay it back after a divorce. I dodged the creditors and collection agencies-but never had the means to pay anything to any of them. (I lived in subsidized housing,received food stamp benefits and was qualified for rehab … Read more

How Much Debt Do I Have? – Matt

“Dear Steve, I’m looking to find out how much debt that I have to clean up my credit, I have outstanding medical records and missed payments and several things sent to collections How do i find out how much debt that I have and how do i begin to clear up my debt? Matt” Dear … Read more

Secret Credit Bureaus You Don’t Know About, But They Know About You

So let me tell you a story about secret credit bureaus that you don’t know about. Most of us have some knowledge about the three major credit bureaus that hold our credit report and credit score. The three biggies are Equifax, Experian and Transunion. But there are more places that hold information about you. Have … Read more

My Mother-In-Law Has Alzheimer’s and a Lot of Debt. Are We Liable? – Cecily

“Dear Steve, Okay. My Mother In Law has severe Alzheimer’s. Her estate was swallowed up by the first institution she lived in, but when that ran out we had to get her on Medicaid and put her in a different institution. She is now technically destitute; her social security goes directly to the institution, her … Read more

Bankruptcy Filers Can Easily Get Better Credit Scores Quickly

When people go bankrupt their finances become a painful chapter in their lives. They avoid credit and shun anything to do with their credit reports or credit scores. And that’s a mistake. Going bankrupt is painful enough but being unfairly penalized for going through bankruptcy is not fair. If you have gone bankrupt in the … Read more

Disjointed Use of Your Credit Score Can Leave You Unemployed or Dead

I’m afraid that your credit score is being used in all the wrong ways for all the wrong reasons. The credit score was originally designed as an easy way for lenders to identify which potential customers would be low risk and high profit acquisitions. Using a credit score to screen new customers allows lenders to … Read more