Category Archives: credit

Skimmer Scammers Just Won’t Go Away

I am even, myself, amazed at how long I have neglected this blog. And you are still here. And no, I’m not trying to rub it in. Anyhow, the skimmer scammer stories just keep coming. And, I wanted to keep … Continue reading

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Want a Mortgage? Pay Your Rent

With all the economic problems we have faced as a nation, and even more specific, as Nevadans, the number of renters has increased significantly.  But, eventually even most renters would want to change their status and become homeowners. But, it … Continue reading

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ATM Machine Skimmers Won’t Go Away

A gang in Texas was able to manufacture the fronts for credit card skimmers using a new process that uses an ink jet printer. The skimmer components typically include a card skimmer that fits over the card acceptance slot and … Continue reading

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How Big is the U.S. Debt

Now that our most benevolent politicians operated in fear and voted to burden us with another $10 Trillion of debt just so they could get re-elected next year, would you care to see what that might mean? This is a … Continue reading

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QRM Would Mandate 20% Downpayment

A proposal to federal regulators involving new regulations governing qualified residential mortgages that would mandate a 20 percent down payment for consumers wishing to qualify for a conventional, non-government- backed residential mortgage, has prompted action among the real estate industry. … Continue reading

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Would a Foreclosure Really Affect My Credit Score?

Yes, Virginia.  A foreclosure would significantly affect your FICO credit score, as would missing a payment or maxing out your credit cards.This post at The Mortgage Reports shows graphically how your FICO scores can be affected. Max-Out A Credit Card … Continue reading

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