Author Archives: dtnorc1

Getting a notice from the IRS is never fun, especially if it sounds like they want everything you own. You have several options when it comes to IRS issues. These options will vary based on the type of tax lien, size of lien and your personal future earning potential. The more you are likely toContinueContinue reading “IRS Issues?”

Without doubt, the single greatest thing you can do for your credit score is to have a revolving account reporting to all three credit bureaus. There are several types of revolving accounts – HELOCS, Overdraft LOC and Credit Cards. Credit cards are broke down into secured and unsecured. With secured cards the lender is securingContinueContinue reading “Credit Cards: Secured vs Unsecured”

One of the areas that people have the most confusion is with the types of mortgage loans available.  There are two main types of mortgage loans. conventional and government. Government loans seek to guarantee the mortgage industry success by opening loan options to all qualified citizens. The U.S. government does not lend directly to individualsContinueContinue reading “Mortgage Loan Types”

When checking credit scores, the average American is greatly mislead. I can tell you from my experience even the majority of lenders believe that there are 3  bureaus and 3 credit scores. Both are false.  There are other credit bureaus such as LexusNexus which  lenders can optionally pull at any time. However most loan productsContinueContinue reading “Learn your Credit Score”

Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full. Typically creditors will settle between 30% – 70% of the final balance. However, we do see fantastic resultsContinueContinue reading “Debt Negotiation”