Category:
Credit Score

There aren’t many things you can do to lose 100 points from your credit scores, but having an account go to collections is one of them. When you fall behind…

You might be finished with a credit account, but that doesn’t mean the credit account is finished with you. Closed accounts stay on your credit report for 7-10 years. A good one…

Wouldn’t it be great if you could make your financial mistakes disappear from the public record? You can, sort of. “Pay for Delete” is a financial strategy in which you…

Credit reports contain information that helps lenders assess risks associated with lending you money. This data gives lenders a well-rounded perspective on how you’ve managed credit in the past, which…

Debt consolidation is a sensible solution for consumers overwhelmed by credit card debt. It can be done with or without a loan. Consolidation cuts costs by lowering the interest rate…

Credit card fraud and identity theft rank among the chief personal finance concerns that Americans have about our credit cards. Credit card companies and credit ratings firms address these worries…

If you make loan payments on time and keep debt under control, good for you. Many people want to be in your shoes. Pat yourself on the back, but don’t…

The Big Three credit reporting agencies – Experian, TransUnion and Equifax – must accurately gather data from billions of transactions and use that information to track and reliably report the…

For a variety of personal reasons closing credit card accounts might seem like a good idea. Do these reasons to do so sound familiar? You want to avoid (or end)…

Credit scores matter. A lot. So it’s best to understand what they are, how they are calculated and what they mean. Something this important should not be shrouded in myths…