Monthly Archives: March 2010
Cadillac XTS To Get High-HP, High-MPG EcoBoost V-6 Rival
General Motors is working on a turbocharged V-6 that could see application in a wide range of vehicles, perhaps in place of a V-8 in the vein of Ford’s EcoBoost V-6. The new 3.0-liter twin-turbo V-6 would be heavily based … Continue reading
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How Does Opening a New Account Impact Your Credit Scores?
This is a common question that I get quite often so I thought I'd take a moment to share. When you open a new account there are several items that can impact your credit scores. They are… The inquiry – … Continue reading
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Digital Billboards: High-Tech Tools Or Driving Distractions?
Digital billboards are commonplace in many parts of America. Though expensive to install — around $200,000 to $300,000 a pop — they’re a solid investment for media companies and advertisers alike, and they offer benefits for the community, too. But … Continue reading
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Credit Score Recovery Time from Foreclosures and Short Sales
What's now a million-dollar question was only a 25-cent question yesterday, because everyone already knew the answer: How long does it take for your credit scores to recover from a short sale or a foreclosure? Years, right? These incidents remain … Continue reading
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Foreclosures Putting Condos at Risk
A key element in the value of a condominium unit is the value of the individual unit owner's pro-rata share of the common area owned by the homeowner's association. What’s also critically important is the financial condition of the association. … Continue reading
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Blippy Gives Your Credit Card the Ability to Tweet What You Buy
When I was at TED last month, I saw a demonstration of a new social network called Blippy. Launched in December, the idea behind the Blippy is to automatically and instantly share your credit card transactions and other online purchases … Continue reading
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The FTC Takes on "Free" Credit Reports
You’ve probably seen the TV commercials offering you the chance to "Get your free credit report now!" One of the most common ad campaigns features a musical group of 20-something misfits playing guitars as they work in a restaurant dressed … Continue reading
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Home Loans and Refinancing : 3 Things to KNow
If you are one of the thousands of homeowners wanting to modify home loans under refinancing programs, then you must be prepared for a long wait. Whether you are working with a federal program, such as the Hope for Homeowners … Continue reading
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Another Credit Repair Firm Bites the Dust
Every so often, I come across a website promoting some “super-secret” method for deleting negative information from credit files. The ads make wild promises: Bankruptcy! Judgments! Collection Accounts! All can be cleared from your credit permanently! After 22 years of … Continue reading
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Identity Theft Leading to More Serious Crimes
According to a recent article in the Los Angeles Times, identity theft is increasingly becoming a gateway for criminals who are intent on more serious crimes. Identity thieves are now using innocent people’s identities to commit crimes ranging from child … Continue reading
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