By Jason A. Martin
Homeowner LoansAnother bill has just landed through the letterbox and your still haven`t paid the monthly direct debt to the utility firm. You`ll have to sort out funds for your credit cards next week and then there are the catalogue payments to make. It`s the same story each and every month where you struggle to keep on top of your regular payments. Having taken out dribs and drabs of loads over the last few years you now have to pay a number of companies back. What if you could amalgamate all of your loans into one fixed monthly payment? Suppose you could reduce the amount that you pay each month by spreading the payments over a longer period of time. Look into the various
Homeowner Loansthat are available at the moment and you could end up paying less in repayments each and every month. Price comparison sites are the places to look if you want one of the
Homeowner Loans. They`ll scour the marketplace searching for
Homeowner Loansthat will suit your individual needs. Combine all of your debts into one slightly larger loan amount and you should have more money each month that can be put away for a rainy day.
Article03.htmlMany people in the UK, in fact as many as one in three UK taxpayers have paid too much tax!
A new `No Win No Fee` tax refund service has just been launched by Greer & Taylor LLP on a dedicated new website
The Taxation People which can be found at www.thetaxationpeople.com where you can find out all the infomation need before making the decision to apply for a tax refund.
The Taxation People offer a cost effective `No Win No Fee` online service, with a simple and easy to follow process they will guide every step of the way as you apply for a the refund.
I would urge you to check out www.thetaxationpeople.com, where you can enlist the help of the
The Taxation People who will get you the Tax Refund you are entitled to.
The Taxation People are a trading name of Greer & Taylor LLP a respected and trusted accountancy service provider who is moving to provide a number of online services. Initially they are only offering the Tax Refund service that can be found at www.thetaxationpeople.com, but Greer & Taylor LLP are about to lauch a cost effective Self Assesment Service, keep an eye on www.greer-taylor.com for more information.
There are no secrets to repairing your credit. Many shady credit repair agencies would love you to think the contrary. Negative items can be removed from your credit report and you can do it yourself. One does not need a credit repair ?expert? or ?law firm? to do it either. While the credit world can seem complex to the average individual, the basics are really simple once you know them.
Fact: You can remove negative items from your credit report.
According to the FCRA, you have the legal right to dispute any piece of information with a credit bureau. Upon doing so, the credit bureau then has 30 calendar days to investigate the item(s). After that time, the credit bureau will either update the item as you request or leave it alone if they proved it was correct to begin with. If you submit additional information on the dispute during the 30 days, the credit bureau is allowed to take an additional 15 days. Disputes can be submitted online at the credit bureau?s site or simply sent via postal mail, which happens to be my recommendation. Disputes sent in based on the free credit report now provided under FACTA are given 45 days to resolve.
Myth: Collection agencies can call you anytime and do as they please.
To stop collection agencies from calling you, simply send them a cease and desist letter stating they are only allowed to contact you via postal mail. This ability is afforded you via the FDCPA. Collection agencies have a series of actions they must do to be in compliance. You would be surprised at just how many FCRA and FDCPA violations are committed on a daily basis by many collection agencies. Never speak with a collection agency over the phone. Conducting discussions via written form is best because you have proof.
Fact: Paying a collection account will not improve your score.
As far as credit scores go, a paid collection account is the same as an unpaid one. Your official credit score is called a FICO score. It takes into account many things such as:
- Age of overall credit file.
- Number of accounts in good standing.
- Number of accounts delinquent.
- Negative items: liens, bankruptcies, repossessions, etc.
- Time since the negative item was created.
- Amount of your credit being used (utilization).
- New account under six months old (which hurt your credit).
- Number of hard inquiries.
Typically, mortgage lenders will require delinquent accounts be cured but this won?t improve your score.
Myth: You must pay any bill that comes to your home from a collection agency.
Under the law you have the right to challenge the legitimacy of any bill sent to you?it is called validation. By sending a validation letter to a collection agency they must, by law, cease all collection activities until they can validate the debt. It is important to note the word is validation and not verification which mean two entirely different things. Validation means they must submit to you proof the bill is yours, which is not a simply an invoice sent to you. Until that is properly done, they can not report the item to your credit report, ask you for money or do anything which can be deemed further collection activity. Do they anyway? Yes they do. This is why it is important to know the law, which is on your side.
It is vital that you check your credit report often as most individuals have erroneous data in them. Don?t assume that everything will work as it should because it almost never does. No one will be looking out for your credit identity but you. Credit standing has never been more necessary than it is today. Just about everything we do in life from applying for a job to booking a hotel room has something to do with our credit worthiness.
American Consumer Group, a non-profit organization, has set up a free credit repair site with all the information mentioned in this article. Go educate yourself and spread the word.
This article is copyright Jason Andrew Martin LLC.
