Posts Tagged ‘Thom fox’

Thom Fox at Cambridge Credit Counseling has shared some eyebrow-raising points regarding The Credit Card Accountability Responsibility and Disclosure Act, or CARD Act, of 2009. Full story

Losing a job has been one of, if not the largest, challenges that thousands of new homeowners have grappled with over the last few years. Thomas Fox, Community Outreach Director of Cambridge Credit Counseling, offers advice on how you can develop a positive mindset for dealing with unemployment.... Full story

Although you can find a wide variety of personal finance guides and other self-help books at Amazon.com, the key to financial success is already inside you. Full story

Credit scores have traditionally been used to determine the creditworthiness of applicants for financing. Lenders routinely use scores to establish the likelihood that payments will be made on time and that loans will be repaid in their entirety. In an increasing and controversial trend in the automobile, home, and other insurance-related products, major agencies are using the credit scores of their clients to establish policy ... Full story

by Thom Fox   One of the true benefits of being a first-time homeowner is the ability to transform your house into a home. The care that you put into personalizing your home will be felt in the memories that the years will yield. While many little touches will be relatively easy to incorporate, there may be larger projects that you’d like to undertake ... Full story

y Thom Fox It’s important to realize that if your credit score is poor, it won’t necessarily remain that way forever. Credit reports and scores are very time-sensitive items, and they merely represent a snapshot of your credit profile at any given point in time. Your score from three months ago is probably not the same score a lender would get from the credit reporting agencies ... Full story

by Thom Fox Lenders review a variety of information whenever they need to decide whether a consumer loan applicant represents an acceptable level of risk. In this process, lenders review one or more credit scores. A credit score is typically a three-digit number that tells a lender how likely an individual is to repay a loan, and whether that person’s payments will be made on time.  FICO ... Full story

by Thom Fox Most of us do not strive for bad credit. Layoffs, illness, divorce, and unexpected expenses are not things we plan on or look forward to, but they happen. If you have gone through a financial hardship and your credit rating has suffered, what should you do? Fortunately it is not incredibly difficult to reestablish a good credit history. One of the easiest ways to get ... Full story

by Thom Fox All sorts of things can happen in life, many of them unpleasant. You may experience a financial setback that causes you to become delinquent on your bill payments. This situation can be stressful, especially when you have to deal with collection calls. Collectors are notoriously aggressive. No matter how many times you tell a collector that you can’t afford to make a payment ... Full story

When you’re developing a long-term strategy to improve your credit, you need to focus on two main areas Full story