Credit report > Credit Report Repair Company Shares Facts about Credit Card Industry

Credit Report Repair Company Shares Facts about Credit Card Industry

Lee Harrison Credit Restoration, recently named the top business and website in the credit report repair industry by Alexander Haig's World Business Review, has shared some of the little-known facts behind credit card interest rates with the public.According to Lee Harrison, Founder and President of Lee Harrison Credit Restoration, there is no such thing as "fixed rates" when it comes to credit cards."Basically, credit card companies can write their own rules," said Harrison.
"Credit card issuers can change their interest rates?even fixed rates?at any point, as long as they send cardholders advance written notice.
And if a cardholder makes just one late payment, the issuer can automatically increase their interest rate."According to Consumer Action's 2004 survey of credit card issuers, 31 percent of issuers will levy a penalty rate after one late payment, while more than 35 percent said that two late payments in a period of six months will trigger a penalty rate.
The average penalty rate for late payments:
22.9 percent."But paying your credit card bill on time still isn't enough," said Harrison. "Nearly half of all credit card issuers have a universal default policy, and they don't all disclose this in the fine print.

What this universal default policy means is that paying your mortgage late could trigger a penalty rate on your credit card."
Credit cards can cause a decline in over 30 percent of a person's overall credit score.
Lee Harrison Credit Restoration offers credit report repair services to individuals who find "slow pays" or other inaccurate files on their credit report, and will continue to keep their credit reports in good order for life.About Lee Harrison Credit RestorationLee Harrison Credit Restoration is a fully licensed, registered, and bonded credit service organization located in Naples, Texas. The company has specialized in helping people repair and restore their credit history due to bankruptcy, bad credit, or identity theft for over 29 years.To see more information about the Fair Credit Reporting Act and consumer rights, visit www.LHCreditRepair.com.Press Release Authoring and Marketing by Xeal Precision Marketing.

Credit Debt Consolidation Help Announce New Web Site: Credit-Debt-Consolidation-Help.com, Providing a Forum for All Debtors

Credit Debt Consolidation Help Announces releases credit-debt-consolidation-help.com."Our website is designed to help debtor find answers to their questions in our forums," says Richard Victor, President of Credit Debt Consolidation Help."The forums of credit-debt-consolidation-help.com contain thousands of contributions related to credit, debt and money issues. Hopefully our visitors will find the answers that they are seeking," explains Mr. Victor.The website contains more than 60,000 entries related to debt relief. Forum topics include Non-profit credit, Investing and Financial planning, Mutual Funds, Stocks and two separate forums covering taxes and debt consolidation."When people start searching for debt consolidation, they may not be ready to commit to a program. We like to give our visitors as much information as is available so that they may make a qualified, informed decision.", states the president.

"Of course, we would like our visitors to take action, which is why...

Credit Debt Consolidation Help Announce New Web Site: Credit-Debt-Consolidation-Help.com, Providing a Forum for All Debtors

Credit report > Credit Debt Consolidation Help Announce New Web Site: Credit-Debt-Consolidation-Help.com, Providing a Forum for All Debtors

Credit Report Concerns at Top of List For Consumers Seeking Refinance Mortgage Rates and Debt Consolidation Loans

Dallas, TX
October 27, 2004 -? Americans are overwhelmingly rushing to financial industry experts for advice on credit reports, as they refinance their mortgages and consolidate debt for the Christmas shopping season. SPENDonLIFE.com, a savings portal for consumers, reports that 3 out of every 5 consumers seeking advice from the Ask The Expert service are having problems with their credit report. "Consumers are planning their finances in preparation for the Christmas shopping season. Many of them are finding errors on their credit report and realizing it is costing them money each month," says Mark Henry, SPENDonLIFE.com President. "Our experts are enthusiastic about getting these consumers back on track.

They empower...

Credit Report Concerns at Top of List For Consumers Seeking Refinance Mortgage Rates and Debt Consolidation Loans

Credit report > Credit Report Concerns at Top of List For Consumers Seeking Refinance Mortgage Rates and Debt Consolidation Loans

Free RelyData Report Advises Students on Identity Theft Prevention

CHICAGO (ContentDesk via HRmarketer) September 23, 2005 -- RelyData, LLC, the leader in identity theft restoration, has published a free report to inform students and young adults about avoiding the dangers of becoming an Identity Theft victim. Ten million U.S. consumers become victims of Identity Theft each year, according to the Federal Trade Commission, and research indicates that young adults are at an increased risk of becoming victims. Rather than just provide statistics and information, the report gives valuable advice and direction to consumers, addressing the following issues directly:*????How common and how serious of a problem identity theft is;*????Identity theft statistics and its legal definition;*????The personal impact of identity theft on individuals;*????The special...

Free RelyData Report Advises Students on Identity Theft Prevention

Credit report > Free RelyData Report Advises Students on Identity Theft Prevention

Your Credit Report, A little Improvement Can Go A Long Way.

You may think you have a marvelous credit report, be cautious of the mistake factor. Just as you receive mail with your name and address misspelled, your credit report can have errors just like anything else. Whether it is someone's typing over site, out of date info or even mistaken identity, errors go on more regularly than we all can imagine. According to the FTC, both the credit reporting agency and the establishment that provided the information to the credit reporting agency have duties for correcting wrong or incomplete information in your credit report. While checking your credit report, if you locate incorrect information on your credit report, without hesitation notify the CRA in writing directly: 1.

Tell the Credit reporting agency what information you believe is incorrect on your credit file. Send copies, never originals of documents that support your position. 2. Be sure to providing your entire name and address, your letter should clearly describe each entry in your...

Your Credit Report, A little Improvement Can Go A Long Way.

Credit report > Your Credit Report, A little Improvement Can Go A Long Way.

Holiday Spending and Credit Report Scores

(ContentDesk) November 23, 2005 -- It is unwise to attempt to ruin anybodys magnanimous spirit with the approach of the holidays. This is the time for giving and exchanging of gifts, and what an immense feeling of contentment that is derived knowing that gifts have gone to help somebody in need! Unfortunately, too, this is the time of the year to be most fearful of. Consumers over-stretch their budgets, max out their credit cards and some even over-spend their credit limits with disastrous consequences on their credit report scores. Others have their identities stolen and they dont realize it until it is too late.Everywhere, consumers are encouraged to throw caution to the winds and are lured into spending like there is no tomorrow. Even the press gets in on it with daily analysis of whether or not this is going to be a bumper harvest for retailers and, for that reason, an indicator of consumer confidence and of a strong economy.

Spending wisely and frugally at all times is...

Holiday Spending and Credit Report Scores

Credit report > Holiday Spending and Credit Report Scores

What is a Credit Report?

Ever wondered what is a credit report? If you've ever applied for a credit card, a personal loan, or insurance, there's a file about you. This file is known as your credit report. It is full of information on where you live, how you pay your bills, and whether you've been sued, arrested, or filed for bankruptcy. Consumer reporting companies sell the information in your report to creditors, insurers, employers, and other businesses with a legitimate need for it. They use the information to evaluate your applications for credit, insurance, employment, or a lease.

Having a good credit report means it will be easier for you to get loans and lower interest rates. Lower interest rates usually translate into smaller monthly payments. Nevertheless, newspapers and the Internet are filled with ads for companies and services that promise to erase accurate negative information in your credit report in exchange for a fee. The scam artists who run these ads not only don't deliver - they can't...

What is a Credit Report?

Credit report > What is a Credit Report?

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Credit report > Linux-Based Handheld AV Player, Zupera (CN)

jeans Credit Report Repair Company Shares Facts about Credit Card Industry

Valentine?s Day Gifts: SuperPages.com Survey Finds the Cost of Playing Cupid Varies by Gender

According to a national survey released today by Verizon SuperPages.com, (http://www.superpages.com), men and women don't always agree when it comes to Valentine's Day gifts and how much love costs. While 50 percent of men think they need to spend more than $50 to show their love for their sweetheart on Valentine's Day, three-quarters of women plan to spend less...

Valentine?s Day Gifts: SuperPages.com Survey Finds the Cost of Playing Cupid Varies by Gender Credit Report Repair Company Shares Facts about Credit Card Industry

Credit report > Valentine?s Day Gifts: SuperPages.com Survey Finds the Cost of Playing Cupid Varies by Gender

Credit Report Repair Company Shares Facts about Credit Card Industry Credit report

UtiliPoint and Global Change Associates? Hedge Funds In Energy Online Seminar to Be Repeated

UtiliPoint? International, Inc. (UtiliPoint?) and Global Change Associates announce that they will repeat the popular online seminar ?Hedge Funds: the next wave in energy trading' due to continued heavy interest in the activities of energy hedge funds. The second online seminar is now scheduled for November 4th, 1pm ET. The two companies' recently released the results of their research into hedge funds in energy and have also created the first directory of energy hedge funds."With energy prices...

Credit Report Repair Company Shares Facts about Credit Card Industry Credit report UtiliPoint and Global Change Associates? Hedge Funds In Energy Online Seminar to Be Repeated

Credit report > UtiliPoint and Global Change Associates? Hedge Funds In Energy Online Seminar to Be Repeated