Credit Report Experts

Well if you want to get really technical about it, then yes there is, I mean you can get 2 free weeks of monitoring from out site. The more honest answer is no, there is not a site where you can get free credit monitoring. Ok, well at least none that I have come across, and I do keep an eye on what is going on in the credit world! Most of you who are searching for this term in the Googles will come across a ton of sties that offer “free credit monitoring” or “free credit scores” you just have to look at the fine print. These sites are giving away a trial period anywhere from 1 day to 30 days, and then after that you will be charged a monthly rate. And if you land on one of these sites, and there is not fine print telling you what you will be charged then run, run very fast from that site! And never look back…

So why have a free trial offer?

Well I can not speak for any other site except ours, but we do it because we know you are going to like what you see. I mean you found our site most likely searching for credit monitoring or some other similar term right? So hopefully you are actually looking for a credit monitoring service, if not, well I am not sure why you are reading this blog! But hey I

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Are debt collectors getting pushier?  More and more say “yes” as a growing percentage of people are facing insurmountable debt problems, often accompanied by overly aggressive collection efforts from debt collection agencies.  Many consumers report that harassment by collectors is in fact one of the main reasons they finally decided to seek either Chapter 7 or Chapter 13 bankruptcy protection.

• Creditors seem to assume that debtors can come up with extra money to pay their debts if only they become “strongly motivated” to do so.  Unfortunately, many debt collectors are resorting to overly aggressive collection efforts.
  • D

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Every year I hear different New Years resolutions from people: eat less chocolate, exercise more, stop throwing things at the television during basketball season. Even though the resolutions are different, the results are all the same. People rarely make it past February before everything returns to the status quo. Unfortunately, their lack of resolve applies to me as well. This year will be different, however, so look out for a new, slimmer Billy Bad Score, with more hair on his head, in 2012! Okay, maybe not. But I still plan on fulfilling my other resolution: causing mischief for people who need good credit scores to have a happy New Year.

See, most people who are determined to take control of their credit scores often make resolutions involving finances. Whether they vow to avoid weekend shopping sprees or stop switching phones every few months, money is the main motivation. And when the pressure to break these habits becomes too much to handle, Im there to remind them about the pitfalls of bad credit scores. By the time I show up, those people are too busy rustling through shopping bags or synching email accounts to notice me.

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The Supreme Court this week issued a ruling that could have negative consequences for consumers struggling with credit card debt. According to the new ruling, credit card companies and other lenders (with the exception of mortgage lenders) can continue to include arbitration clauses in their agreements.

In order to understand why so many consumer advocates are outraged over the decision, it’s essential to understand what arbitration clauses are and how they work (hint: it’s almost always against the interest of consumers).

Understanding Arbitration Clauses

In essence, arbitration clauses are bits of legal language in a loan or credit card agreement that say all disputes concerning loan repayment terms must be settled in arbitration rather than taken to court.

Because these clauses are part of loan contracts, consumers must agree to them in order to get access to most loans—including credit cards, student loans and others.

But the arbitration process, which is consumers’ only recourse for disputes over credit card charges and fees, has been shown to be unfair to consumers. Here’s

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Mamtek, a company based in Moberly, Missouri, is currently facing the potential of a forced Chapter 7 bankruptcy filing by five of its creditors. The situation involves Mamtek, which manufactures an artificial sweetener, and its plans to open a plant in Moberly.

• Mamtek planned to build a factory in Moberly. To finance the construction, the city of Moberly issued bonds worth $39 million to the company.
• Missouri-based UMB Bank reportedly agreed to serve as trustee for the bonds, meaning that it financed the city’s agreement with Mamtek.
• This fall, Mamtek missed a payment to the city of Moberly, and indicated that it could not afford to complete the half-built factory.
• Without payments from Mamtek, Moberly indicated that it would default on the bonds, leaving the bank on the hook for tens of millions of dollars.
• The bank, along with other creditors (mainly construction-related companies) took the case to the court system, urging the bankruptcy judge to force Mamtek into bankruptcy so they could recover their money.

If the judge rules in favor of the creditors, Mamtek will have to sell its assets and distribute the profits among its creditors to compensate them for the money Mamtek owes them. I

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