
Reprinted from S.C. Statehouse Report, http://www.statehousereport.com/columns/05.0403.shame.htm (April 3, 2005, last visited November 30, 2008.) Cartoonist Bill McLemore info@statehousereport.com

Reprinted from S.C. Statehouse Report, http://www.statehousereport.com/columns/05.0403.shame.htm (April 3, 2005, last visited November 30, 2008.) Cartoonist Bill McLemore info@statehousereport.com
by Pamela Stewart, Attorney at Law
A credit inquiry will show up on your credit report whenever someone, usually a creditor, looks at your credit report. Only someone with a “permissible purpose” is allowed to look at your credit report. When a creditor/lender looks at your report in response to your request for credit, a hard inquiry is placed on your [...]
by Kevin Gipson, New Orleans Bankruptcy Attorney
The authorized user of a credit card is not responsible for payment of the bill. Only the account holder who signed the agreement is responsible for paying the bill. If the credit card holder fails to pay the bill or files for bankruptcy, you have no obligation to pay. This is true even if you made [...]
by Cathy Moran, California Bankruptcy Lawyer
The Feds, of all people, have put out an educational game on credit issues for consumers at the Bad Credit Hotel. Check in and check it out. I guess this is a case of “do as I say, not as I do”.
by Chip Parker, Jacksonville Bankruptcy Attorney
Your credit report doesn’t just disclose your history of paying your debt on time. Another section of you report lists “inquiries,” which shows who has accessed your credit report. One common misconception, shared even by me until recently, is that requesting a copy of your own credit report will lower your overall score. Actually, if [...]
by Chip Parker, Jacksonville Bankruptcy Attorney
Typically, bankruptcy filers fall in two categories: those with bad credit and those who will have bad credit. Obviously, many bankruptcy filers have multiple past-due accounts, repossessions and foreclosures which result in dismally low credit scores. These people have tried to hold off on filing bankruptcy until it becomes absolutely necessary to stop a foreclosure, [...]
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