Oregon Credit Repair Counselors
  • Home
  • What Sets Us Apart?
  • How We Work
  • Testimonials
    • Client Success Stories
  • Negative Credit
  • Credit Team FAQ
  • Portland
  • Bend Oregon
  • Contact Us
  • News & Updates
Select Page

New J C Penney Account Without Authorization

by kathywardteam | Nov 8, 2014 | Revolving/credit card accounts

We have several clients who had a JC Penney account for several years, were recently issued new cards and their credit reports post  a new JCP account.   The downside is the new account/card has a new OPEN date, thus the credit scores are lowered. The reason this...

Leaving a small balance on credit card might benefit score(s)

by kathywardteam | Feb 1, 2013 | Revolving/credit card accounts, Scores

We have just seen evidence that some mortgage scoring models prefer a very small balance on at least one credit card.  Equifax score rose 9 points when a client added $10  balance to one credit card.  Paying your cards to zero every month does boost scores, however...

Improving a credit score: How to use your credit card(s) to raise your credit score(s)

by kathywardteam | Jan 26, 2013 | Revolving/credit card accounts, Scores

In your credit reports credit card accounts are referred to as ‘revolving credit’. Because your credit score is calculated independent of your income, your use of revolving credit is very important. Keeping your balance 30% or less of your credit limit and paying...

1099-C, Cancellation of Debt form

by kathywardteam | Jan 30, 2012 | Revolving/credit card accounts

Cancelled debt may constitute income that is subject to state and federal taxation.  Consult with a tax professional if you receive a 1099-C form.  We have heard of these forms being sent out fifteen years after debt had been generated. If you don’t submit this...

American Express is now associated with Macys

by kathywardteam | Oct 12, 2011 | Revolving/credit card accounts

You might be confused to find you have an account reading  AMEX/DSNB.  Macys is now associated with American Express, which is noted as AMEX in credit reports.

Will ‘piggybacking’ impact the person you ‘piggyback’ on?

by kathywardteam | Sep 12, 2011 | Revolving/credit card accounts, Uncategorized

The person added as ‘authorized user’ does not need to use the account, or be provided a credit card for use, therefore the holder of the account is not impacted by this move.
« Older Entries

Success Stories

Click here to read some of our client success stories

Categories

  • Client Success Stories
  • Events
  • Home Buyers
  • Judgments
  • Loan Modifications
  • Questions and Answers
  • Revolving/credit card accounts
  • Scores
  • Statute of Limitations
  • Uncategorized

Recent Posts

  • What is Annual Credit Report? Why should I obtain my free reports through them?
  • How to find the right Credit score team
  • What do those inquiries on Credit Reports mean exactly?
  • The recession and how it affected your credit
  • Credit Repair Tips from Kathy
  • Home
  • What Sets Us Apart?
  • How We Work
  • Testimonials
    • Client Success Stories
  • Negative Credit
  • Credit Team FAQ
  • Portland
  • Bend Oregon
  • Contact Us
  • News & Updates
  • Facebook
  • RSS
Designed by Oregon Marketing Group | Powered by OMG!