Who the heck is Phyllis and why is this company calling me?

So my wife says to me..."Oh I see you are blogging like Phyllis"...who the heck is Phyllis? She then tells me she is a character on a soap opera that she watches and that the lady blogs. But what she blogs is gossip and mean things about people in the town that she lives in. Oh great so I get compared to a lady soap opera character...just wonderful. At least I am not a gossip nor am I being mean about anyone.....yet.

Did you know that whenever you inquire in to credit other companies know that you did this? Many companies buy lists to find potential customers and they do this by buying lists from various sources including credit reporting agencies.

As a result they can see your recent inquiry activity when you are looking for credit. Typically when you apply for a mortgage is the big one where companies pull your name. This is why so many times a customer will receive solicitation calls from other company's when they have inquired in to or applied for a mortgage loan and other credit.

Speaking of inquires; they are one thing that many do not think of that can hurt your credit. The more inquiries you have in to acquiring credit the harder your credit score can get hit. So when you are walking through the mall don't stop and apply for a credit card just to get some free knives.

It has been a good week for interest rates as they have held steady and even moved lower in  many cases. There was a lot of economic data out this week that was friendly for interest rates. Bottom line is the economy is trying to recover but at a very slow and sluggish pace at the moment. Until we start seeing job creations out there it will be a tough haul to get things right side up again.

We have another round of playoff games this weekends and it will be interesting to see who prevails. The one game that this guy will be tuned into will be the Packer/Falcon game on Saturday night. I had to chuckle last night as a friend of mine is having a dinner party with sushi during the game. Doesn't he know it is to be wings and chips? Well lets hope the Packers win so I can start my week off right....have a great weekend everyone.