Target Breach: How to Lose Friends and Alienate Customers

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Target’s response to its recent breach is a good lesson in what not to do after a company experiences a security incident. Other corporations facing the growing risk of data breaches can learn from the many missteps, if not foolish errors, taken by one of the nation’s largest retailers. The company’s first mistake was bad […]

ObamaCare Website Creating Credit Concerns

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By Nadiah Sarsour/Published November 14, 2013/FOXBusiness While a battle rages over technical issues on the ObamaCare online marketplace, questions are emerging about the safety of data on the website. Better Qualified CEO Paul Oster said the website is rife with security problems that can lead to identity theft and potentially wreck one’s credit if exploited. […]

Don’t co-sign on a student loan until you understand the full repercussions

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By Paul Oster / NEW YORK DAILY NEWS Tuesday, August 6, 2013, 10:12 AM Make sure you are making the payments so that you can keep track of the loan. Often parents don’t understand that student loan debt is not dischargeable in bankruptcy. The Money Pros are standing by to take your questions Q. My […]

Equifax must pay $18.6 million after failing to fix Oregon woman’s credit report

By Laura Gunderson, The Oregonian A jury Friday awarded an Oregon woman $18.6 million after she spent two years unsuccessfully trying to get Equifax Information Services to fix major mistakes on her credit report. The judgement, likely to be appealed, appears to be one of the largest awarded to a consumer in a case against […]

How to Repair and Maintain Your Credit

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By Kathy Weyer Do you know your credit score? It’s just as important as your blood pressure, heart rate and sugar levels. And it can be the deciding factor as to whether you’ll get that loan, that job or that place to live. When you apply for credit, the lender will pull up information held […]

Applying for a Mortgage? Better Check Your Credit Report for Errors!

Are you getting ready to apply for a mortgage?  Have you obtained a recent copy of your credit report to check for inaccuracies?  If not, you might be surprised by what you find. A February 2013 study from the Federal Trade Commission (FTC) found that: five percent of consumers had errors on one of their […]

New credit score could help millions

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By Blake Ellis @CNNMoney March 11, 2013     A new credit scoring model will potentially boost scores for many credit applicants and help establish credit for millions of people who previously had little or no credit history. The new scoring model will be used in the latest version of the VantageScore, the credit score […]

40 Million Mistakes: Is your credit report accurate?

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  DID YOU KNOW… Your credit score can cost or save you thousands of dollars?   As most of you know, you carry three FICO scores, one from each of the three Credit Bureaus: Experian, TransUnion, and Equifax. Each of these scores is based on information the bureau keeps on file about you and, as this […]

The 6 Biggest Ways Bad Credit Can Mess Up Your Life

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Bad credit is something you don’t want associated with your finances. Unfortunately, you may have less than stellar credit at some point in your life. Credit scores represent a person’s credit worthiness, designed to show a lending institution who is a good investment, and who is… not so much. Banks believe that credit scores — i.e. […]

OOOOhh NOOOOO!!

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With the holiday season now over and the new year in effect, many of us are coming back down to the real world.  We now need to figure out how much money we just spent on credit cards and, what should we do with the new retail credit cards we just opened?  Let me guess, the […]