The Kitchen Table

Settling a Debt for Less Than You Owe

  • October 01, 2018
  • Amanda Orr
  • 0 Comments

The status of your loan/credit accounts will show on your credit report. For example it will show whether your payments have been made on time, if any were paid late, or if an account is closed. When you fall...

What Everyone Should Know About Credit

  • August 06, 2018
  • Amanda Orr
  • 0 Comments

Credit Reports are different from Credit Scores, although the two terms sound interchangeable, they offer different insights to lenders as to how you have handled credit in the past.   What is a Credit Score? The simplest definition of a credit score, is that it’s a three-digit number, that provides...

What the Federal Reserve’s interest rate hike means for you

  • May 01, 2018
  • Amanda Orr
  • 0 Comments

  During the Great Recession one of the tactics used by the U.S. economy was an unprecedented move to lower interest rates to near zero, and Americans haven’t seen interest rates much above zero for a decade now. You might be asking yourself, how does a rate increase...

Credit Repair Tips

  • March 01, 2018
  • Amanda Orr
  • 0 Comments

During tax refund time, lots of people start thinking about using that extra cash to help improve their credit. I have the answers to some of the top credit repair questions we receive from folks. Is Paying off my...

Do’s and Don’ts of Debt

  • October 02, 2017
  • Amanda Orr
  • 0 Comments

Debt. The word alone causes most people to shudder, and with good reason. Overwhelming debt is a source of immeasurable misery for many. The crushing weight of debt has the power to hold you back in life, and not...

Medical Bills & Your Credit Report

  • September 01, 2017
  • Amanda Orr
  • 0 Comments

  The arrival of September is a welcome event for those of you dealing with outstanding healthcare bills. Starting on the 15th of this month, Experian, Equifax, and TransUnion are all going to implement a 180-day waiting period before including medical debt on consumers’ credit reports. The idea...

Call Your Creditor

  • August 01, 2017
  • Amanda Orr
  • 0 Comments

Can’t pay your bill? When financial hardship hits or an unexpected expense leaves you short, there are steps you can take to reduce the impact of falling behind. The first thing you should do is contact your lender and discuss your payment options. Explain why you are...

Credit Checks and Inquiries

  • July 03, 2017
  • Amanda Orr
  • 0 Comments

A question that we are frequently asked at LPI is, “If I apply for new credit will my credit score drop?”. Like most things associated with a FICO credit score, the answer isn’t exactly black and white. The impact from applying for credit will vary from person...

My Ex was supposed to pay this account, they didn’t…Now what?

  • June 01, 2017
  • Amanda Orr
  • 0 Comments

Joint accounts can create credit problems long after a marriage ends, and although your Ex-spouse was ordered to pay the bill in the divorce decree, they aren’t and your credit is suffering. Now what? The first thing to understand is that you don’t “divorce your debt”. Lenders...

Summer Fun

  • May 01, 2017
  • Amanda Orr
  • 0 Comments

If life was fair, then summer fun would always be free! Imagine trips to the beach and fun at the waterpark…every hour would feel like happy hour! If you are tired of the same old “stay-cation”, then now is the time to call us, LPI can...

Thank you Lloyd’s Plan, Inc. for your support. We love your service and convenience with payments!
Julius H. IA
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