
For 15 years personal finance expert David Bach has taught people how save money and get out of debt. He believes that getting out of debt is a critical part of building wealth, so much so that it is the subject of his new book Debt Free for Life. Now, he’s teamed up with Equifax to help America tackle their debts in the same way with debt reduction tool Debt Wise.
Over the next few months David will join other Equifax Personal Finance Blog experts as a guest blogger on debt. He’ll be sharing practical advice and tips for eliminating debt and building wealth, answering your money questions and helping you take control of your financial future, so you can start creating and living the life you really want.

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After being divorced five years.now, and living in an apt. I decided to see if I can qualify for a home loan.on my own. Nothing expensive, but something where I can start a new life and feeling secure to know I own an assest. In 2010 I went to my bank to attempt to get pre-approved., When the bank lenderaccepted all required information it was then sent to the three Credit Bureaus.,Around 2 weeks later I receive a letter from CREDCo stating my loan was DENIED..Because EQUIFAX said I only had one acct. This I do not understand,If Bank Lender contacted all three credit agencies.. Why did just EQUIFAX just do an inquiry? What about Trans-Union and Experian? My credit score was "GOOD" for lenders.And I was going to put down a sibstantial down payment. I feel EQUIFAX is reponsible for me not getting pre-approved. Please Explain?
Hi Toni, thanks for reading and commenting. You might want to take a look at the credit blog that was posted yesterday: Why Is the Credit Score My Lender Calculated Different from My Equifax Score?
(http://credit.equifax.com/2011/01/why-is-credit-score-my-lender.html)
Hope this helps answer some of your questions.
–Editor, Equifax Personal Finance Blog
Thanks to sharing information with us!!!
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Debt Credit