Reviews and Reflections About Baby Boomer Stuff

Rosie's Boomer Review

September 7th, 2009 at 7:35 pm

Boomer Credit Fitness-Credit Bureaus – Friend or Foe?

This entry is part 1 of 2 in the series Credit Fitness

I am excited to have two awesome guests post a series called Credit Fitness! Morlino and Lathea Morris will be sharing some powerful tips. They are credit experts. So put your seatbelt on and enjoy the ride!

Managing your credit can be a challenge. There’s a lot of information that most lay people just don’t know. To educate consumers about credit management is one of the major reasons why we created and launched our first credit toolkit in 2004. So, put this need to know information in your arsenal of knowledge about credit bureaus.

What can cause your credit score to take a major dive? The answer – Errors in your credit report can steal points from your credit score and money out of your wallet. In the hope of getting errors cleared away as quickly as possible, many consumers go online to dispute credit report errors. Is this a smart credit move? Well, disputing errors in your credit report online can sometimes be tricky.

All three credit bureaus, Experian, Equifax and TransUnion process most disputes using a system that’s almost entirely automated. e-OSCAR is a web-based automated system that enables data furnishers (your creditors and others) and credit bureaus to create and respond to consumer credit history disputes. However, some lenders do little more than check the disputed information against their own records, even if those records were the source of the error. This is precisely why we coach our clients to dispute errors with their creditor first. I know this is not a perfect system, but, believe it’s a better strategy. Credit bureaus are often skeptical of disputes submitted by consumers, however, they are more inclined to trust information coming from your creditors, clients of the credit bureaus.

Additionally, credit bureaus retain contractors who gather tax lien and bankruptcy information from courthouses and government offices. If these contractors transpose a digit or misread a document, their error gets entered on your credit report. These are just a few more reasons why it’s so important for consumers to keep their finger on the pulse of their credit reports. Take advantage of getting free credit reports from annualcreditreport.com. You can get all three copies of your reports free annually or request one report every four months.

If you have exhausted all sources to get an error deleted, consider retaining a consumer advocate attorney to fight on your behalf. Go here to find an attorney. Now, that’s a smart credit move.

Be sure to visit The Credit Alternative and Morlino and Lathea’s  sites.

comments Comments Off on Boomer Credit Fitness-Credit Bureaus – Friend or Foe?
September 20th, 2009 at 3:52 pm

Boomer Credit Fitness-Business Teleseminar on 9/22 at 2:00 pm EST Register Now!

This entry is part 2 of 2 in the series Credit Fitness

This is another excellent post which is part of the

Boomer Credit Fitness Series

By Morlino and Lathea Morris


Business Credit and Capital: How to Get it

& Who to Get it From


Having access to capital is vital to the success of your business. However, due to the current condition of capital markets – getting capital or credit can be a difficult, if not an insurmountable challenge. So what do you do? Well, continuing to waste your valuable time trying to convince a traditional bank to loan you capital, approve a line of credit or credit card is not the answer. It’s Time For You to Investigate Alternative Sources of Capital & Credit! Most business owners have no idea about the numerous alternative funding sources

Join Special Guest Presenters along with Lathea Morris who will lead this teleseminar. She’s an entrepreneur and small business professional trainer who in many circles is known as the “Credit Guru.” She knows about capital resources – who to consider doing business with and who to stay away from. This is a Unique Opportunity to Learn About:

  • Alternative sources of capital and credit
  • How to get access to these resources
  • The new rules of credit and steps to take before applying for capital
  • Business credit scores

Never before has it been a time so urgent for small business owners to get practical advice on how to take advantage of alternative funding options. Register Now! Get a 10% Discount  – Put in code:myguest01

comments Comments Off on Boomer Credit Fitness-Business Teleseminar on 9/22 at 2:00 pm EST Register Now!
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