Monday 30 May 2016

How to Settle Credit Card Debt

[I]f you have a massive amount of credit card debt that you cannot seem to pay off, you are not at the end of the line. You do have a few options, but you must choose the best one based on your situation.
Consolidate Debt
If you haven’t ruined your credit rating because of non-payment, you may q...
How to Settle Credit Card Debt

Friday 27 May 2016

3 Mistakes to Avoid When Selecting a Credit Card and Why

A credit card comes with many benefits. It allows you to pay faster and easier and is accepted almost everywhere. It often comes with rewards, and it can help you build or rebuild your credit score. However, people make several mistakes when selecting a credit card that can hurt their finances...
3 Mistakes to Avoid When Selecting a Credit Card and Why

Thursday 26 May 2016

The Truth About Collections

[A]nyone trying to repair their credit knows how bad collection accounts are. They can do a lot of damage to a person’s credit score, and it can take a long time to recover. There has been a lot of information and conversation going around about whether to pay old collections or leave them a...
The Truth About Collections

Monday 23 May 2016

Bad Credit Doesn’t Last Forever

[A]t least it doesn’t have to if you learn from previous behavior. Rather it was the result of poor choices or an unfortunate event, you don’t have to pay for credit mistakes for the rest of your life.
A study from VantageScore Solutions shows that credit scores can improve over time. How long? ...
Bad Credit Doesn’t Last Forever

Friday 20 May 2016

The Truth About Bankruptcy and Your Credit Score

[T]he ultimate threat for many is that they will have to declare bankruptcy because there is no way out of debt. They avoid this option except as a last resort because of the long-term impact it has on them. However, many people really don’t know what a bankruptcy would do to their credit r...
The Truth About Bankruptcy and Your Credit Score

Wednesday 18 May 2016

Understand Your Options to Lease or Buy with Your Credit Rating

[L]easing a car is becoming more popular for people who like to trade for the latest model often. They also appreciate the lower payments and no worries about getting financed if you owe more on your car than it’s worth.
Purchasing an automobile through a car loan can be difficult if you have p...
Understand Your Options to Lease or Buy with Your Credit Rating

Friday 13 May 2016

How Much Does Your Name Matter on Your Credit Report?

[I]f you have an unusual name, you are probably used to spelling it for other people. Even seemingly simple names like Ann (Anne) or John (Jon) can have multiple spellings. While this may not seem like a big deal if you’ve had to deal with it all your life, it can cause major headaches, e...
How Much Does Your Name Matter on Your Credit Report?

Wednesday 11 May 2016

Don’t Let Summer Ruin Your Credit

[I]t doesn’t matter whether it is high school, college or even eighth grade graduation, the event is still a major milestone in a family’s life. The tendency to overspend it prevalent. It’s easy to pull out a credit card and book a venue, hire caterers or buy a gift. The problem of paying this bi...
Don’t Let Summer Ruin Your Credit

Monday 9 May 2016

Build Better Credit with Your Kids

[Y]ou’ve learned some painful lessons as you’ve worked to improve your credit score and rebuild your credit rating. You wish you had done things differently and avoided the costly problems that come with a poor credit score. While you can’t magically turn back time, you can use your newfound wisd...
Build Better Credit with Your Kids

Wednesday 4 May 2016

Do Men or Women Have Higher Credit Scores?

[A] survey conducted recently shows that women have higher credit scores than men on average. A survey conducted by Experian, a credit reporting agency, showed that women had an average score of 675 over men’s average score of 670. The survey included 750,000 people.
According to the agency, a...
Do Men or Women Have Higher Credit Scores?

Monday 2 May 2016

When Should You Check Your Credit Scores?

[Y]ou can get your credit reports once a year for free from Annualcreditreport.com. However, you can’t get your credit scores unless you pay for them. Of course, you may have a credit card company that provides them, but you can’t retrieve them on your own for free. There are some times when it p...
When Should You Check Your Credit Scores?