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 Bachmann North Pole Box Car Happy Holidays 160 93340 G scale  US $83.00
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 Bachmann North Pole Southern Train Set US $49.99
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 PIKO LGB G SCALE NORTH POLE STATION BUILT UP MIB 62265 US $80.99
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 Northpole Station vintage G Scale Christmas Train Set north pole US $39.99
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 LIONEL 26191 NORTH POLE CENTRAL REEFER US $34.95
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 G Scale Lionel North Pole Railroad US $175.00
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Santaâs Holiday Credit Woeâs From The North Pole
HO! HO! HO! HO!
OH! OH! OH! OH!
NO! NO! NO! NO!
This is Santa Claus here up to my eyes in debt, just got another letter in the mail from the credit card company telling me they want to increase my monthly rates. How am I going to pay of my credit cards and suppliers! I guess there will be no remodeling in the kitchen again this years. It is going to be another long winter of Ms. Claus complaining about our finances. Not sure if I can take it anymore!!!!! I have strong feeling that i will be sleeping with the Reindeer, well it wont be the first time this has happened…
Well if the credit card company increases my rates than that equals a increase in minimum payments. I was thinking about closing my credit cards, but one of elves in my factory told me when he tried to close one of his cards the company increased the revolving data ratio and the age of his credit file dropped. This two variables make 45% of credit scores, he told me.
I wasn’t sure what the importance of either the revolving data ratio or age of my credit file so I did a little research. The revolving data ratio is when credit is repeatedly available up to a specified amount as periodic repayments are made. The age of your credit file contains personal financial statements, credit applications, and comments by credit analysts, as well as the current status of the account, payment history, current balance, credit limit, and so on.
With both of these in free fall my credit score will drop faster than me going down a chimney on Christmas Eve!!!!!!
The I suddenly remembered hearing on the nightly news that President Obama signed a Credit Card Act in law. I got on the computer to see how this new legislation will effect me. The Credit Card Act will be issued in three phases, the first phase is in place now, but will not be fully implemented until the middle of next year. This Act addresses the issue of credit card fine print, fees, and staggering interest rate hikes etc.
This act will provide a strong and reliable protections for consumers. It will also provide forms and statements that credit card companies send out have to have plain language that is in plain sight. The goal is to make sure that people can shop for a credit card that meets their needs without fear of being taken advantage of. This is act gives more accountability in the system, so that we can hold those responsible who do engage in deceptive practices that hurt families and consumers.
But until the three phases are implemented, we all need be proactive about our current situation. My goal is to spread the credit repair process knowledge that I learned with everybody around the world.
We are off to Save Christmas!!!!!!!
About the Author
Mick Bernard is a Credit Consultant from Scottsdale, AZ. His company Credit Strategies is helping consumers clean up their credit nation wide. For more credit tips visit us at http://www.onlinecreditstrategies.com/blog/
North Pole holiday expedition on the Nuclear Icebreaker Yamal