Credit Management Kit For Dummies

Repairing broken or damaged credit is one thing, but having to meet the much stiffer credit standards of 2010 requiring that consumers consistently manage their credit is another thing all together. Numerous updates include: Major changes with the Credit CARD (Credit Accountability, Responsibility, and Disclosure) Act provisions and the new Consumer Financial Protection Legislation Agency The effect of tightened credit markets on those with good, marginal, or bad credit New rules and programs including Hope and Government options via the Obama Administration Best ways to recover from mortgage related credit score hits and tips for minimizing damage after walking away from a home Updated credit score examples with new ranges Updated VantageScore information (due to new announcements scheduled for September 2010) Updated coverage on reporting programs such as FICO Scorewatch, etc. Advice and tips about adding information to a credit report, and beefing-up thin credit Evaluating ones Credit Score in today's economy Fannie Maes revised guidelines for purchasing mortgages (implemented in 2009) New section on significant others (boyfriend/girlfriend/spouse) and credit and debt sharing New information about IRS exceptions to the Mortgage Forgiveness Debt Relief Act in a mortgage meltdown situation The Latest tips and advice for dealing with identity theft and annoying collection calls