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Money Coaching Tips and Ideas September 2014

Thursday, September 4, 2014   (0 Comments)
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Money Coaching Tips and Ideas
September 2014

(201) 447-1137
Volume 6: Issue #6

Dear Maryanne,


I hope that you had a wonderful summer. During August, FICO, one of the largest credit scoring companies made a major change to their programming. Readbelow.

MainOverdue health care bills no longer impact your credit score

Finally, FICO has recognized that people who end up having large unpaid health care bills are not necessarily a financial risk. In the past, these unpaid bills would remain on your credit report for seven years and could reduce your credit score by 25 points.

This is good news for anyone with credit scores of 675 - 685 or 725 - 735.
Unpaid medical bills

Need personal assistance or a plan on how to pay off your outstanding debt? Call(201) 447-1137 or emailDiane Nissen, today to make an appointment.
DefinitionWhat is FICO?
FICO is short for Fair Isaac Corporation and is an American company best known for providing software to calculate a person's credit score. Established in 1956, it was named after its founders, Bill Fair, an engineer, and Earl Isaac, a mathematician.

SavingTipMoney Saving Tip for September 2014
You are senior (50+) or do have a senior in your life? Here is awebsitethat lists by location retailers, restaurants, and more that offer special rates. The site also clearing states what age is considered a senior and what identification you need to obtain the discount.
Join us onFacebook. Our Facebook page has over a 100likes. Be the 150th like and receive a free one hour consultation.Itistransferable and must be redeemed within a year.
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TestimonialCan one hour be helpful? Yes it can...
I just want to thank you for helping me with my finances.I was in such a bind I couldn't see straight.In just an hour you helped me organize and come up with simple but very effective ways of managing my debt.I now look forward to what the future holds!I can't express my gratitude! "

Diane Nissen, CMA
Budget Advisor/Money Coach


In This Issue
Unpaid medical bills
What is FICO
Money Saving Tip of the Month
This Month's Teen Corner
TeenTeen Corner
Share with your teen another teen's ideas for saving money.
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