James Dimmitt

Credit Repair Scams

By: James Dimmitt "Erase Bad Debt !" "Remove Negative Items From Your Credit Report" You've probably seen these headlines and others just like it promising to clean up or "fix" bad credit. For someone who suffers from a bad or poor credit ratin... Read >

Debit Card Vs. Credit Card, What Are The Differences?

By: James Dimmitt Ah, the "good old days". If you are a baby boomer, like me, then you probably remember how important it was to rush to the bank on payday. You had to get there before the teller lanes closed so that you could have your "cash allow... Read >

Beware Of Falling Minimum Payments

By: James Dimmitt If you opened a credit card statement recently and were pleasantly surprised to find that your minimum payment due was lowered, don't be so quick to "jump for joy". What may appear as a small boost to your monthly budget is actually... Read >

New Credit Scoring Model Could Help Millions

By: James Dimmitt Mark and Beth, a young married couple in their twenties, established a goal to buy a home within the first three years of their marriage before starting a family. They budgeted and used their money wisely in order to save for the do... Read >

How Healthy Is Your Credit ?

By: James Dimmitt There's only one way to discover the "health"of your credit. You need to examine your credit report. Your credit report is your "consumer identity" that potential lenders will use to judge your credit worthiness. Use these t... Read >

Be Cautious When Using Your Nest Egg As An ATM

By: James Dimmitt About five years ago I moved from the ranks of being a renter to that of being a homeowner. Now, not a week goes by that I don't receive some type of offer through the mail encouraging me to refinance my mortgage, open a home equity ... Read >

Identity Theft Scams

By: James Dimmitt Identity Theft scams continue to flourish on the web. One that you need to be aware of and beware of is any site that seems to be selling high-demand items (digital cameras for instance) at a much lower (almost unbelievable) pric... Read >

Identity Theft & The Internet

By: James Dimmitt LexisNexis, a provider of personal and financial data, recently reported that the personal information of as many as 310,000 people nationwide may have been stolen. This figure is nearly 10 times higher than the original figure disc... Read >

Negotiate Your Way To Lower Credit Card APR's!

By: James Dimmitt I have three major credit card accounts that I've had for many years. The other night I was reconciling my monthly statements and noticed a large discrepancy in the APR's (annual percentage rate) I was paying on these three accounts... Read >

Credit Help For Renters And Others

By: James Dimmitt Sue is a homeowner and pays her mortgage and other bills on time like a good credit consumer. Sue's on-time mortgage payments are reflected in her credit score profiled by the three major credit bureaus; Equifax, Experian and Trans ... Read >

How To Make Your Raise Really Pay

By: James Dimmitt Were you lucky enough to get a pay raise recently? If so, what are you planning to do with it? Here are 4 tips on how to make your raise pay real dividends for you now and into the future: 1) Open a savings account Baby b... Read >

How To Save At The Gaspump

By: James Dimmitt With some analysts predicting gas prices to peak at as much as $2.50 per gallon or more, those of us on a budget will have to find ways to meet the higher cost of fuel or cut back on our gas consumption. Five weeks ago I was ... Read >