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Posts tagged with: credit

Names and Debt…


My husband has a very common first name. Paired with his somewhat common last name, it’s fairly easy to confuse him with another person on paper. Over the last year, it has started to cause problems.

I’ve mentioned before, there is a person with my husband’s name who has awful credit and is in collections on multiple accounts. We live less than 15 miles from each other.

Lazy collections companies do searches based on first and last name and proximity to the last known address resulting in…

My husband getting A LOT of collection calls lately.

He has to call each one, straighten out the confusion, and pray they stop calling. Some do. Others don’t. But whenever one stops, another starts.

I thought we were the only ones who suffered from this annoying problem until I shared my annoyance with my dentist. She laughed and said she and her husband had the same problem – they even had to fight a lien against their home!

Based on the sheer annoyance and time spent fighting this never-ending battle, we’ve decided to name our child 457983. That way, our kid won’t have annoying collections calls that don’t belong. Sure, they may struggle through elementary school but they’ll thank me later.

Is it just us? Or do you have the same problem?

A Collections Call…


Once upon a time, a very long time ago, my husband’s family member took out several cell phones in his name. The bill wasn’t paid and went into collections in 2002. After we married and I took on the responsibility of bill payments and credit checks, I found the collections record on his credit report in 2005. At that time, we weren’t making much, living in a tiny apartment, and didn’t have more than $1,000 to pay off the collections debt.

The collections record finally fell off my husband’s credit report in February of 2009 and I assumed we could move on.

Dave Ramsey says collections follow you for the rest of your life.

I didn’t believe him…

Until my husband received 8 phone calls from a collections agency this week.

I told them my husband’s address was correct as listed on his credit report and if they had anything to send us, to send it through the mail because I sure as Hades wasn’t going to give them any information or promises of payment over the phone. Not surprisingly, they didn’t appreciate my response.

This… is when I start banging my head against the wall.

Credit Report Check!


Every four months I check my report from one of the three credit agencies. If I keep an organized rotation, I never have to pay for this service (free once per year from each agency).

Not only does this prevent your credit from being misused, it also gives you a clear picture of where you stand financially.

If you’d like to join me, head to www.annualcreditreport.com or www.ftc.gov/freereports and choose:


I’ll remind you again in four months! Happy Credit Score!

Time to Check That Credit Score…


I’ve said this before – too many times I’m sure – but consumers are entitled to one free credit report each year from each of the credit reporting agencies. This free report is only available from annualcreditreport.com.

I check my score once every four months from a different reporting agency. This report is a great tool to keep tabs on your information and to make sure no one is taking out credit in your name. Plus, this report provides a clear picture of exactly how much you owe and to who you owe.

If you are following my pattern, the credit report this cycle is coming from Trans Union. I would NOT recommend getting your credit score from this agency. Requests for scores from the report site route you to credit monitoring companies… and we all know how I feel about those!

New Credit Card Rules…


I was watching the news last night and was amazed by a story about a guy whose credit limit was reduced because of his new spending habits – more specifically, where he shopped. Changes in habits, like shopping at high end stores similar to Macy’s and Niemen Marcus then suddenly shopping only at dollar stores and Walmart, can influence your credit – or so the story goes.

Rather than let the issue drop, the man has turned into an activist for consumers. His website, though not updated regularly, gives some good information on important issues such as the Credit Card Bill of Rights and consumer lending laws.

If you’re having a slow day, check it out:


On a side note, I think he has a good idea and his dedication is admirable but wouldn’t it be easier to not be taken advantage of if you get rid of the credit cards entirely? It seems like the site should read, ‘You are all VICTIMS’ at the top. Activism on consumer protection is necessary BUT so is consumer responsibility.

*Warning* I can’t verify the validity of his claims but he has been all over our local news stations and on Good Morning America and they are far better at fact checking than I am.