Archive for September, 2011

Farewell to Free Checking?

Posted on September 27, 2011 by Saldutti

Free checking is going the way of the free checked bag.  Only 45% of non-interest bank checking accounts are free, down from 65% in 2010 and 76% two years ago, according to a recent survey by Bankrate.com. Fees, meanwhile, are rising: The average monthly fee for a non-interest account is $4.37 (up 75% from a year ago) however maintenance fees can range from $4 to $20 a month. According to Bankrate.com, banks are adding fees to recover from new regulations that could cost billions in lost revenue.  Starting Oct. 1, the maximum fee banks can charge retailers when customers pay…

6 Credit Report Items That Scare Lenders

Posted on September 20, 2011 by Saldutti

You pay your bills on time and never miss a payment. If you’re still having trouble with credit, something on your credit report could be scaring lenders.  Everyone knows the big gremlins that haunt credit reports: items such as bankruptcies, foreclosures and even late or missed payments. But less dramatic items can also spark some anxiety in skittish lenders. When you apply for a loan or a card account, lenders review your credit score and pull your credit report. Or they may take that report and pump it through one of their own scoring systems.  If they don’t like what they…

Saldutti Law, LLC Named Among Top Firms

Posted on September 13, 2011 by Saldutti

Saldutti, LLC is pleased to announce that Robert Saldutti has been named one of SJ Magazine’s Top Attorneys.  The firm’s principal was recognized for excellence in his area of practice – Creditor Rights and Debt Recovery.  Award winners were selected based on nominations by their peers in the New Jersey legal community. SJ Magazine reached out to local lawyers and asked them which of their peers would they choose to go to battle for them. After tailing the votes, they compiled their list of 2011 Top Attorneys.  As SJ Magazine pointed out in their issue, “a smart, strong, successful attorney…

7 Secrets Not on Credit Reports

Posted on September 07, 2011 by Saldutti

Do you feel like your credit report is spying on you?  Sometimes it seems like just about everything personal is included in your credit history, including your name, address and Social Security number. Even your birth date is on it.  But you still have a few secrets even your credit report doesn’t know.  Here are seven items that lenders won’t see when they pull your credit report, couresty of Bankrate.com and FOX Business new: Your Salary Salaries haven’t “been on a report since the early 1990s,” says John Ulzheimer, for SmartCredit.com. Even then, it was “highly dubious” because the information…