If an account has been settled in full, and a consumer would like a letter confirming that, a request can be made at admin@natalelawoffices.com.
Please include your file number, name, current address and best number and time to reach you in case we have any questions. Please also allow 7-10 days for receipt of the letter once from the time the email is received.
If your request is urgent please let my office know and suggest an alternative method for delivery: For example a secure fax or your consent to scan and email the letter with a valid email address.
Deanna Natale
Natale Law Offices
www.natalelawoffices.com
Tuesday, September 28, 2010
Monday, September 20, 2010
Article on Credit Reports from the Toronto Star by Ellen Roseman
Published On Sun Sep 5 2010
Published in the Toronto Star-September 5, 2010
By Ellen Roseman Personal Finance Columnist
Your credit score is a three-digit number that can determine whether or not you get a loan and at what rate.
Many insurance companies also use credit scores to decide what you pay to protect your home and belongings from damage.
So, what does your credit score say about you? How can you get it? And how can you improve it?
Credit scoring was developed by Fair Isaac & Co. in the United States to help credit bureaus assess the risk to lenders.
Equifax, one of Canada’s two major credit bureaus, is licensed to use the FICO score, known as the Beacon score here. Its rival, TransUnion, uses a slightly different score (called Empirica).
Your credit score is not the same as your credit report, which shows your payment history. The credit report is free for you to check, but you can’t get your credit score without paying $15 to $25 or so to check it online.
Ignore any offers of free credit scores. They’re only teasers to sell you something else, such as a monthly credit monitoring service.
Eric Putnam spent 26 years in consumer lending before starting a company, Debt Coach Canada. He charges a monthly fee to people who want help organizing their finances and improving their credit scores.
I asked him what goes into a credit score – a secret guarded carefully by the credit bureaus.
The biggest part of the score (35 per cent) is your payment history, he says. This shows if you pay bills on time, have any unpaid debts or have been through bankruptcies, consumer proposals or debt management plans.
Another big part (30 per cent) is based on how much you owe.
If you carry an $8,000 balance on a credit card with a $10,000 limit – even if you pay the minimum on time each month – your credit score will drop. So, it pays to keep your balances down and not get close to your credit limits.
Another 15 per cent of your credit score is based on how long your accounts have been open and used. You may be a newcomer to Canada with no record of loans or someone whose spouse takes care of all credit transactions.
To be seen as a good credit risk, it’s not enough to be approved for credit. You have to use the credit you’re given.
Another 10 per cent of your credit score depends on the balance between revolving credit (such as credit cards) and instalment loans (such as mortgages or car loans).
Lenders like to see both types of credit. Revolving credit can be maxed out since the rates are high enough to absorb losses, while instalment loans with fixed payments must be approved and supervised closely.
The remaining 10 per cent of your score is based on how much new credit you’ve obtained or applied for. This shouldn’t be too high a percentage of all the credit shown on your file.
If you’re shopping for credit, do it within a 15-day period, Putnam says, since that will show as one credit inquiry.
Otherwise, do your shopping with a copy of your credit score, which you can show to lenders to find out what they will offer you.
Banks may give the three-digit number if you ask, but they’re not supposed to give the context that goes with it.
For information, go to http://www.equifax.ca/ and http://www.transunion.ca/. You can also read the Financial Consumer Agency of Canada’s publication, Understanding your Credit Report and Credit Score, at http://www.fcac.gc.ca/.
Ellen Roseman writes about personal finance and consumer issues. You can reach her at eroseman@thestar.ca, 416-945-8687 or ellenroseman.com
Credit score report
Credit score report Info?Discover The Facts You Need!Credit.Walletgenius.com
Credit Card Ripoff
Fight back! Submit your complaintabout payment protection charges.http://googleads.g.doubleclick.net/aclk?sa=l&ai=B6LFYncOXTN_zFOXwnAfP952SD93urM4BzZCMohnAjbcBsNerAhACGAMgx9PuESgEOABQzZ2_rv7_____AWD9-JGB6AOgAYvrwf8DsgEPd3d3LnRoZXN0YXIuY29tugEKMzAweDI1MF9qc8gBAdoBbWh0dHA6Ly93d3cudGhlc3Rhci5jb20vYnVkZ2V0aW5nL2RlYnRtYW5hZ2VtZW50L2FydGljbGUvODU2NjQ0LS1yb3NlbWFuLWhlcmUtcy10aGUtc2Nvb3Atb24teW91ci1jcmVkaXQtc2NvcmWAAgGoAwHoA6wG6AOXAugDqwb1AwAAAEQ&num=3&sig=AGiWqtzZndhVVYc_psdZ4MUB0ehCIIzCgw&client=ca-pub-6986100390200519&adurl=http://www.lieffcabraser.com/cases.php%3FCaseID%3D332
Fixed-Rate, Personal Loan
700+ Credit? Borrow $1k-$25k now.Safe, fast, fixed rates. Apply now!CommunityLend.com/Personal-Loans
Credit Reporting
Be Informed About Finances!Take Control Of Your Future Here.ProgressiveFinancial.net
Published in the Toronto Star-September 5, 2010
By Ellen Roseman Personal Finance Columnist
Your credit score is a three-digit number that can determine whether or not you get a loan and at what rate.
Many insurance companies also use credit scores to decide what you pay to protect your home and belongings from damage.
So, what does your credit score say about you? How can you get it? And how can you improve it?
Credit scoring was developed by Fair Isaac & Co. in the United States to help credit bureaus assess the risk to lenders.
Equifax, one of Canada’s two major credit bureaus, is licensed to use the FICO score, known as the Beacon score here. Its rival, TransUnion, uses a slightly different score (called Empirica).
Your credit score is not the same as your credit report, which shows your payment history. The credit report is free for you to check, but you can’t get your credit score without paying $15 to $25 or so to check it online.
Ignore any offers of free credit scores. They’re only teasers to sell you something else, such as a monthly credit monitoring service.
Eric Putnam spent 26 years in consumer lending before starting a company, Debt Coach Canada. He charges a monthly fee to people who want help organizing their finances and improving their credit scores.
I asked him what goes into a credit score – a secret guarded carefully by the credit bureaus.
The biggest part of the score (35 per cent) is your payment history, he says. This shows if you pay bills on time, have any unpaid debts or have been through bankruptcies, consumer proposals or debt management plans.
Another big part (30 per cent) is based on how much you owe.
If you carry an $8,000 balance on a credit card with a $10,000 limit – even if you pay the minimum on time each month – your credit score will drop. So, it pays to keep your balances down and not get close to your credit limits.
Another 15 per cent of your credit score is based on how long your accounts have been open and used. You may be a newcomer to Canada with no record of loans or someone whose spouse takes care of all credit transactions.
To be seen as a good credit risk, it’s not enough to be approved for credit. You have to use the credit you’re given.
Another 10 per cent of your credit score depends on the balance between revolving credit (such as credit cards) and instalment loans (such as mortgages or car loans).
Lenders like to see both types of credit. Revolving credit can be maxed out since the rates are high enough to absorb losses, while instalment loans with fixed payments must be approved and supervised closely.
The remaining 10 per cent of your score is based on how much new credit you’ve obtained or applied for. This shouldn’t be too high a percentage of all the credit shown on your file.
If you’re shopping for credit, do it within a 15-day period, Putnam says, since that will show as one credit inquiry.
Otherwise, do your shopping with a copy of your credit score, which you can show to lenders to find out what they will offer you.
Banks may give the three-digit number if you ask, but they’re not supposed to give the context that goes with it.
For information, go to http://www.equifax.ca/ and http://www.transunion.ca/. You can also read the Financial Consumer Agency of Canada’s publication, Understanding your Credit Report and Credit Score, at http://www.fcac.gc.ca/.
Ellen Roseman writes about personal finance and consumer issues. You can reach her at eroseman@thestar.ca, 416-945-8687 or ellenroseman.com
Credit score report
Credit score report Info?Discover The Facts You Need!Credit.Walletgenius.com
Credit Card Ripoff
Fight back! Submit your complaintabout payment protection charges.http://googleads.g.doubleclick.net/aclk?sa=l&ai=B6LFYncOXTN_zFOXwnAfP952SD93urM4BzZCMohnAjbcBsNerAhACGAMgx9PuESgEOABQzZ2_rv7_____AWD9-JGB6AOgAYvrwf8DsgEPd3d3LnRoZXN0YXIuY29tugEKMzAweDI1MF9qc8gBAdoBbWh0dHA6Ly93d3cudGhlc3Rhci5jb20vYnVkZ2V0aW5nL2RlYnRtYW5hZ2VtZW50L2FydGljbGUvODU2NjQ0LS1yb3NlbWFuLWhlcmUtcy10aGUtc2Nvb3Atb24teW91ci1jcmVkaXQtc2NvcmWAAgGoAwHoA6wG6AOXAugDqwb1AwAAAEQ&num=3&sig=AGiWqtzZndhVVYc_psdZ4MUB0ehCIIzCgw&client=ca-pub-6986100390200519&adurl=http://www.lieffcabraser.com/cases.php%3FCaseID%3D332
Fixed-Rate, Personal Loan
700+ Credit? Borrow $1k-$25k now.Safe, fast, fixed rates. Apply now!CommunityLend.com/Personal-Loans
Credit Reporting
Be Informed About Finances!Take Control Of Your Future Here.ProgressiveFinancial.net
Natale Law Offices
In 2006 a defamatory article/alleged press release was posted on blogs by an individual which contained false and misleading information. Natale Law Offices is a law firm in Ontario, Canada. Deanna L. Natale is a licensed member of the Law Society of Upper Canada and is directly involved with all files assigned to Natale Law Offices. Natale Law offices, contrary to the false and defamatory press release and various blogs is not a scam nor does it participate in fraudulent activities. The assistants at Natale Law offices are well versed Canadian Money Advisors who can share their knowledge with you.
If you have received a letter and you recognize the creditor it is in your best interest to contact Natale Law Offices and deal with your obligation. The staff at Natale Law Offices are professional.
If you have received a letter or telephone call and you are not the correct individual please contact our office and let us know so the file can be updated and the incorrect information will be removed.
Natale Law Office is only interested in helping people resolve their debts in a professional way without litigation whenever possible.
Please call or email the office if you have received correspondence or a telephone call. The staff are pleasant and professional.
admin@natalelawoffices.com or check http://www.natalelawoffices.com for contact information and useful articles.
If you have received a letter and you recognize the creditor it is in your best interest to contact Natale Law Offices and deal with your obligation. The staff at Natale Law Offices are professional.
If you have received a letter or telephone call and you are not the correct individual please contact our office and let us know so the file can be updated and the incorrect information will be removed.
Natale Law Office is only interested in helping people resolve their debts in a professional way without litigation whenever possible.
Please call or email the office if you have received correspondence or a telephone call. The staff are pleasant and professional.
admin@natalelawoffices.com or check http://www.natalelawoffices.com for contact information and useful articles.
Paying your Outstanding Account
Please ensure that you contact one of the assistants at Natale Law Offices if you wish to resolve your account. The assistants at Natale law Offices are helpful and knowledgeable and can work with you to repay your obligations and deal with your situation. They can make recommendations and share with you information regarding different tools for dealing with your outstanding obligation to our client.
You can also email us at admin@natalelawoffices.com or check out our website at http://www.natalelawoffices.com/ for additional contact information.
Deanna Natale
You can also email us at admin@natalelawoffices.com or check out our website at http://www.natalelawoffices.com/ for additional contact information.
Deanna Natale
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