Archive for the 'credit repair' Category

How to Repair Your Credit Score - Authorized Users, Tradelines & Credit Piggybacking

Fair Isaac, the developer of the proprietary model used for the widely accepted FICO credit score, has announced that it has reversed its 2007 FICO 08 decision to remove the effect of an authorized user on a credit card account on the credit score of the authorized user. Its press release explains that it [...]

August 19th, 2008 | Posted in credit card debt, credit history, credit repair, credit score, debt relief | No Comments

Genesis Credit Card - False Financial Solution or Second Chance

The Christian Science Monitor has an article today about a second chance for subprime borrowers to establish good credit through debt collection company Genesis Financial Solutions credit card that provides normal interest rates on new debt and zero interest on old credit card debt.
This is an interesting manner of debt consolidation for credit card borrowers [...]

May 6th, 2008 | Posted in Genesis Financial Solutions, credit card debt, credit repair, debt collection, debt relief, interest rate | No Comments