Protect Your Credit Repair Success

Credit Repair Payback

Credit repair, done right, will transform your credit report and lift your scores. The benefits of good credit are significant. You can expect to qualify for better financing options, and the quality of your life will profit accordingly. Intangible benefits like self confidence and inner peace are a wonderful bonus. Once you have achieved your goals you should make an effort to protect your credit repair success.

Create a Budget

A budget is a perfect companion for your credit repair program and a virtual insurance policy against losing any of your hard won success. Take the time to map out all of your finances. Make sure that there is room in your budget for all of your expenses. If you discover that you are spending more than you can afford get creative; cut back where you can and make sure that you are living within your means. The more you know the better you will be able to manage your financial life. You will be able to make informed spending decisions, avert budgetary discomfort, and protect your credit repair success.

Start a Saving Plan

There is nothing like a saving plan. Everything in your life will benefit. You will be able to meet unexpected expenses without falling behind on your monthly obligations. Savings will protect your credit repair results like nothing else. Get into the saving habit. Put a little bit aside for yourself each and every month and watch your account grow. You will love the comfort you will get from knowing that exigencies are covered. Over time your savings will grow and allow you to make important investments like the purchase of a home.

Consider Auto Payments

Nothing will put a dent in your credit repair results like a new late payment. Make sure that all of your payments are made right on time. Most creditors offer a couple of payment options that can help you remain timely including direct-debit from an account of your choice and online bill management. Examine your options. Whatever method you choose make very sure that nothing slips through the cracks.

Avoid Consumer Debt

Protect your credit scores by managing your debt properly. Once your credit scores improve you will receive credit offers on a regular basis. Some of these offers may be a benefit to your credit repair project, but others should be avoided at all costs. You should be able to enjoy the flexibility that good credit offers, but make careful choices. The FICO credit scoring model has a built in bias against consumer debt, like store cards and furniture store loans. These will harm your credit repair results. Beware of temptation and consider other financing options.

Manage Your Revolving Credit

The FICO scoring model places major stress on your credit card usage. Keep your balances low and your credit scores will soar. Let your balances sneak up to the limit and your scores will plummet. Timely payments, as essential as they are, will not protect you from the credit repair devastation that will occur if you run up your card balances. If, for some reason, you do max out a credit card, don’t panic. As soon as you pay down the balance your scores will rebound. Remain aware.

Monitor Your Credit

All three credit bureaus, and many resellers, offer excellent credit monitoring services. These monitoring services are a terrific post credit repair tool. Once you join a monitoring service you will be alerted to all changes on your credit report, including the appearance of any derogatory items. These alerts will give you the opportunity to respond to any event in a timely manner and mitigate the potential damage.

Copyright © 2009 Ian Webber. All Content. All Rights Reserved.

Ian Webber is an expert in consumer law and credit repair. Ian is a graduate of the London School of Economics and The University of Chicago where he earned his LLM. Ian consults with one of the leading online credit repair services and is currently based in Florida.

The BLACK Man in the WHITE House: Racism Is Alive and Well in America

The Civil Rights Act of 1964 ended segregation in public places and banned employment discrimination on the basis of race, color, religion, sex or national origin. While this law was created to protect voter's rights and eliminate segregation in schools, restaurants and workplaces, the reality is that 50 years later Americans are still battling with these issues.

While many say racism is over and point to the fact that America has its first black president, Barack Obama's election actually ignited racial tension in the country, rather than ending it. As a result white supremacists, hate crimes and internet sites like Stormfront have grown exponentially.

These extremist organizations are fueled by an increased fear of nonwhites' power in government and the rising number of immigrants that are taking over "their" America. Racists choose to disregard the laws of this country in favor of their own warped ideology.

In the last couple of weeks, Cliven Bundy, Donald Sterling and Paul Ryan made racial comments that went viral, and dominated numerous hours of media coverage. Many Republicans stood up for Bundy prior to his racial comments, even though he was convicted of owing the federal government $1 million and refused to pay it. The NBA took unprecedented action against Sterling. And Paul Ryan defended his statements by saying, "I'm not a racist. I was inarticulate."

Sport franchises, corporation executives and politicians are riddled with racists of varying degrees. Most just have the common sense to avoid public pronouncements of their views, but that doesn't mean racism doesn't exist.

Playing into the racial frenzy that is sweeping our country are Republican governors like Scott Walker, Rick Perry and Rick Scott. All are hoping to suppress minorities' voting rights in their states in order to pass legislation that most Americans, especially minorities, don't support. After all, if only whites could vote, things would be very different.

With this mindset, many Republican Congressional representatives want to roll back the clock to the good ol' days of the fifties and sixties. The Supreme Court is aiding in this mounting discrimination with their recent decision to gut portions of the Voting Rights Act of 1965. This action to quash the Act, which was passed in response to Jim Crow laws is offensive to anyone's sense of fairness and justice for all.

Like the poll taxes and literacy tests of a bygone era, state issued IDs and voter-roll purges, coupled with reduced voting hours are all intended to keep minorities from exercising their constitutional right to vote.

In addition to voting rights, our courts and penal system discriminate against minorities. Young African American men are arrested four times as often as white men for carrying the same amount of marijuana, which is still illegal in most states. These arrests for minor crimes lead many black teenagers to follow unlawful pursuits rather than paths they may have taken without the scar of the arrest on their record. Also in question is the fairness of our judicial process. Two recent judgments handed down by predominantly white juries emphasize this unfairness.

These Florida verdicts vindicated white men who killed African American teenagers. George Zimmerman's "not guilty" verdict for the murder of Trayvon Martin was considered by many to have a racially influenced outcome. In another case that had racial overtones, a jury was deadlocked on whether Michael Dunn, a white man, was guilty of murder for shooting to death a black teenager over loud music. I wonder if the races of the victim and accused had been switched, if the judgments would have been different. Actually, I really don't wonder; unfortunately I know the answer.

Education is seen as one way to lower the number of incarcerated black men and help minorities become productive, tax-paying members of society. Yet, the Supreme Court stepped in and put up a road block making it harder to accomplish this goal.

In an April 2014 decision, the Supreme Court upheld a Michigan constitutional amendment that bans affirmative action as part of the admission process in the state's public universities. Seven other states currently have the same sanctions. States that forbid affirmative action in higher education, like Florida and California, have seen a significant drop in the enrollment of black and Hispanic students in many of their top colleges and universities.

Americans need to take notice of what is happening and not support the rebels that include many Republican elected officials. The diversity, which made our country great, needs to be seen in the leadership of America, as well as its average citizen. Racism is a communal problem and needs everyone working together to make life better, not for just a few, but for all.

The question of how to achieve less racism and more acceptances is complex and has no clear black and white answer.;

By Gerry Myers

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