Alternative Financial Services

Phone  (509) 443-4442

(509) 599-2010 Mobile
Specializing in Hard to Place Loans

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Category

// Credit Repair
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15
2014
State by State SOL

State by State statute of limitations to collect debt

This page contains a listing of The Statute of Limitation on Debt Collection for each of the states. Alabama Statutes of Limitations Contracts under seal: 10 years, (A.C. 6-2-33) Contracts not under seal; actions on account stated and for detention of personal property or
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11
2014
Tax Lien Relief

Relief From Tax Liens

On February 24, 2011, the federal government announced new policies regarding Federal Tax Liens. Some of the highlights of these changes are: No Federal Tax Liens will be placed for amounts under $10,000 No Delinquent balances under $10,000 will be reported with the credit
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11
2014
Identity Theft

Ways to Avoid Identity Theft

Each year, thousands of people around the world fall victim to identity theft… the assumption of their identity by others in an attempt to empty their bank accounts, establish fake lines of credit in their name, or to take advantage of current lines of credit and max out any
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11
2014
Credit History

Credit Repair – Remove Accounts In Dispute

Recent changes in underwriting guidelines with Fannie Mae, Freddie Mac and FHA now prohibit a loan to be closed with accounts labeled “Consumer Disputes This Account”. If you are running into this issue reporting on your credit report it can be very frustrating to
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11
2014
Collection Agency Suing?

If You Are Being Sued by a Collection Agency?

What do you do now that a lawsuit has been filed against you by a collection agency. The obvious correct choice is contacting an attorney right away. This is an important aspect when a collection agency is involved because a collection agency lawsuit is a different type of
AUG
11
2014

Credit Myths

A Few Credit Myths Credit Myth #1: Your salary makes a difference in your credit score. Credit Myth #2: Always pay your credit card balance in full and that will give you the best credit. Credit Myth #3: Your credit score only counts when you’re looking to borrow money.
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11
2014
history of credit cards

Understanding Credit Cards

Credit cards produce tremendous revenue to credit card companies, banks and retail establishments. They do not however work the way they used to work for the customers that temporarily possess them. Historically they were a means to finance costly items considered necessary, such
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11
2014
Credit Cards

Credit Card Balance Ratio for Improved Credit Score!

Credit is complicated and there are many different factors that go into the scoring. Payment history only accounts for up to 35% of what goes into your score. “Credit Utilization” can account for almost just as much as paying your bills on time at 30%. An important note to
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11
2014
Statute of Limitations Explained

Statute of Limitations on Debt Explained

What is the Statute of Limitations? Statutes of Limitations: A statute setting a time limit on legal action in certain cases. How the Statute of Limitations Affects Your Credit and Finances The above definition describes in detail what the statute of limitations (SOL) is. There
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11
2014
Establish New Credit

Do I Need to Establish New Credit?

How Important is it to Have New Credit? Take a look at what is required for positive credit to affect your FICO score. The ratio for your credit scores consist of the 5 factors that are: 35%: Credit History 30%: Balances (or Debt Ratio) 15%: Length of Credit 10%: New Credit 10%:
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