Sam Sams's (moorecredit) Blog

I woke up this morning to about 2 inches of snow on the ground. In the Dallas Texas area that is pretty rare. As I stood in my kitchen and thought to myself "I could just not go to work today. It would be an easy excuse." At that time my cell phone rang and it was a customer in Florida. We starte...

This is an issue on 8 of every 10 reports that I review. I guess this one is very difficult for me to understand. This is a loan that will not go away. They won't settle for a smaller amount than owed. They will come after your wages on this one. They will take your income taxes. Basically I gues...

"What is the one thing I can do to raise my score?" There is a very simple answer for this. Pay off your credit cards and keep your auto payments and mortgage payments current. I know there are other things, medical bills, cell phone bills, and various other things. I have actually even seen Amer...

I just wanted to introduce myself. I am new to this blog. I usually have a "Credit Tip of the Day." I like to give out information that could possibly help you with your customers. Knowledge is the key so if you ever had a question that you want to ask me please feel free. If I don't have an answ...

This was very confusing to me when I first started in this industry. Lets say you have an account that is in collections. You want it off the report and you look at the DLA on the tri-merge mortgage report. You determine that it has two years left to stay on the report but your customer tells you...

APThursday February 28, 2:02 pm ET By Dan Caterinicchia, AP Business Writer Congress Urged to Boost Investor Confidence Before Housing Slump Fallout Goes Commercial WASHINGTON (AP) -- To insulate commercial real estate from a still-crumbling housing market, investors need a confidence boost and C...

APFed Ready to Cut Interest Rates AgainWednesday February 27, 3:28 pm ET By Jeannine Aversa, AP Economics Writer Bernanke Says Fed's Priority Is Shoring Up the Economy, Pledges to Cut Interest Rates WASHINGTON (AP) -- The Federal Reserve is ready to lower interest rates again to brace the wobbly ...

Deragitory's! We have all seen them time and time again. I can't tell you how many times a day I hear "But I paid that off last year. The collection company said it would not be negative on my credit report anymore." Fact is when you pay a derogatory it becomes a paid derogatory on your credit re...

Is this ever going to come to an end?This was a news release today from WFAA.Thousands of homeowners in North Texas have lost their homes to foreclosure. In Dallas County, more than 18,000 foreclosures are on the market. Nearly 14,000 foreclosures are posted in Tarrant County.I guess Texas is fin...

Every see the little black fish in the bottom of the aquarium eating the scum off of the bottom of the tank. Hummmmm. Well just remember these people are typical Michael Vick. If they can get away with it they will break the rules. They know the rules but prey on the public that is not aware. I a...