Debt Collection Agencies to work under stricter rules from April 1 Debt collection agencies need to stick to much more stringent rules from April that are meant to ensure that there are fewer debt issues, according to the Inspection of Justice and Safety. For example, a new law will ban debt collection agencies from putting people under pressure. The agencies are also required to register in a public register. Existing companies have a year to sign up for the register, and new companies must ...
Apr 3, 2024
4 min
Embark on a journey of financial empowerment with our comprehensive guide, "Wealth Horizons." This program is designed to help you articulate, plan, and achieve your financial goals, whether you're saving for a dream home, planning for education, or securing a comfortable retirement. Discover the strategic roadmap to financial success and cultivate a mindset that turns aspirations into tangible achievements. Take control of your financial destiny and set sail towards a prosperous future with ...
Mar 27, 2024
9 min
Experian credit reports as well as those from lesser-known credit bureaus may also contain a “Personal Statement” section, which allows you to explain any derogatory information contained in your file. This will likely have little or no impact on your overall credit standing or the decisions made by creditors and lenders, but it can’t hurt to provide a rationale. Support the show Pass this podcast along to anyone you think may need to hear my words. Try not to be a gate keeper. Thanks ...
Mar 20, 2024
6 min
There are three main types of public records that can be included in credit reports. Each has a detrimental impact on your credit standing and may remain for up to 10 years. Bankruptcies: Chapter 7, 11, and 13 bankruptcies can be listed on your credit reports. The length of time they will remain there and the damage done to your credit standing depends on the type of bankruptcy in question and whether or not you adhere to the terms of the bankruptcy. But other than that, “th...
Mar 13, 2024
7 min
An inquiry is recorded whenever your credit report is “pulled” (i.e. viewed) by another party, such as a lender, credit card company, service provider, landlord, or insurer. Credit inquiries remain on your credit report for up to 2 years, and each can temporarily result in a slight dip in your overall credit standing. If you wish, you can opt out from allowing companies to look at your credit report without your permission. This will simply remove your name and contact information from...
Mar 6, 2024
5 min
"Join me on 'Credit Chronicles' as I unravel the fascinating tale told by your credit history. In this segment, I break down the key elements, from payment timelines to credit utilization, providing a clear understanding of how your financial past shapes your present and future. Explore the nuances of closed accounts, public records, and inquiries, gaining insights that empower you to navigate the world of credit with confidence. Whether you're a financial novice or a seasoned pro, 'Credit Ch...
Feb 28, 2024
8 min
In the intricate world of personal finance, your credit report serves as a crucial document that wields significant influence over various aspects of your financial life. Join us on "Credit Chronicles" as we delve into the importance of personal information within your credit report. This podcast aims to demystify the complexities surrounding credit reports, shedding light on why these seemingly mundane details play a pivotal role in shaping your financial destiny. From loan approvals to inte...
Feb 21, 2024
9 min
Slogan: Stop Chasing a Credit Score! Build your Credit Profile. Welcome to Mentally financial with Gary B. AkA Uncle G "Money & Relationships Feb 14, 2024" I'm glad you are taking the time to take your finances serious. On my show I talk about things that a real life money struggles. I don't bite my tongue I tell you what I went thru to get to financial relaxation. Here are the topic talked about on this episode: 1. Building a Solid Financial Base 2. Budgeting as a Couple 3. S...
Feb 14, 2024
13 min
Mentally Financial Season 4: Real Life Budgeting & Money Management for Beginners Show Topic: “What's the best way to pay off debt?" What Is Debt Consolidation, and Should I Consolidate? part 2” September 10, 2023, Episode 10 What’s up Fam. Today I wanted to talk about What's the best way to pay off debt part 2. Let’s talk about ways to pay your debt off so, you can really start to relax and do things that you really would like to do. In this episode I talked about: What I...
Sep 10, 2023
6 min
Mentally Financial Season 4: Real Life Budgeting & Money Management for Beginners Show Topic: “What's the best way to pay off debt" part 1” September 3, 2023, Episode 9 What’s up Fam. Today I wanted to talk about What's the best way to pay off debt? Let’s talk about ways to pay your debt off so, you can really start to relax and do things that you really would like to do. (Friendly Reminder: A proper budget can help you plan your monthly spending). Friendly Reminder 2: I woul...
Sep 3, 2023
7 min
Load more