Today, we’re going to talk in broad terms about credit - business and personal credit. This is a summary for everyone, not a detailed discussion.

First, if you’re not aware of it, there is a pending settlement in a lawsuit against TransUnion - if you’ve had a credit account since 1987, you’re entitled to participate in it. You have a month to get in on the settlement. You’ll get either nine months of enhanced credit review and access, or six months and the possibility of getting a cash distribution if there is one. Either call the settlement hotline at 866-416-3470 or go to the very easy website at

Second, this is an article you MUST read. Written by a lady who worked for credit card companies for years, it explains how late fees can be assessed when you do everything right, and how to save hundreds each year by being pro-active.

Third, I’ve been facilitating the Dave Ramsey Financial Peace University course at New Vision now for about a month. If you don’t know Dave Ramsey, listen to one of his radio show podcasts here. If you do know Dave Ramsey, but haven’t ever thought that you need his methods, you’re probably wrong.

I’ve always thought of myself as a guy who knew how money worked until I took this course. I thought I knew how budgeting worked. Uh, wrong-o. His budgeting techniques make perfect sense not only from a math standpoint, but from a spiritual/metaphysical standpoint (although that’s not his focus.)

I can see very clearly how these are skills that would benefit substantially everyone - save for a few friends of mine who have these skills down pat.

So, if you have any lack of peace about money at ALL, click here, find the nearest Financial Peace University course and spend the hundred bucks and thirteen weeks to take it. And, pay attention to it! Maybe take it twice.

Last piece - again, I’ve been working with small business people who need financing to grow their business and be flexible, and their tax returns are so focused on avoiding paying tax that nothing is available to them.

I’ve seen someone with terrific credit in this situation, and a bunch of someones with not so terrific credit.

To have business financing (that you’d be attracted to,) you must have provable cash flow AND proof that you pay your obligations on time.

PLEASE don’t be fooled by “consultants” who offer to set you up with shelf corporations and existing credit histories to get you hundreds of thousands of unsecured financing.

They want up front fees, and the unsecured financing market is largely gone.

Get with me if you have questions on any of these items.

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