The Federal Trade Commission claims almost 10 million Americans were victims of identify theft in a one year period of time. The advice to check your credit file once or twice a year is distributed by many consumer groups. Those who have been through the frustration and fear of identity theft say that’s not enough. …
Do you realize how crucial your credit report is when applying for loans, insurance and even a job? Your credit report will influence everything from interest rates on credit cards and mortgages to premiums on your insurance! Some companies even use them to determine your level of responsibility before hiring you! To start repairing your …
Credit Rating Repair May be Easier Than You Think Read More »
The credit cards designed for consumers with poor credit rating used to be available from several major lenders. Credit was flowing freely and lending institutions were interested in acquiring as many credit customers as possible. Even major credit lending banks would forgive some poor credit if the late payments showing on your credit report were …
Credit Cards for Poor Credit May Carry a High Price Read More »
A frustrating truth about credit ratings is that credit cards for people with fair credit may have one requirement one year and a new requirement the next. Consumer credit is rated by a three digit numerical credit score provided by the three major credit bureaus. However, when discussing creditworthiness, it is common to refer to …
Credit Cards for Fair Credit Can Help Improve Your Credit Rating Read More »
If you have been turned down for credit, you may need to remove late payments from your credit report. If the credit bureau report is in error you should be able to remove incorrect information. However, if you have made a late payment and the information reported to the credit reporting agency is correct, you …
Credit Card Late Payments Lower Your Credit Rating Read More »
Banks are not only interested in sending you credit cards but also want to ensure you understand money management. This is self serving on the lender’s part as the goal is to educate consumers so credit card balances will be paid as agreed. Agenda is Not Crucial No matter what the agenda is, credit repair …
Ask Friend to Recommend The Best Free Credit Report Information Provider Read More »
You may wonder how to obtain a credit report without having a credit file already established in your name. In most cases, you will have a credit report but it may be blank for the most part. If you have recently reached legal age you may be required to send some information to the credit …
After filing for bankruptcy, many people think they must live on a strictly cash basis and don’t realize credit is available to them. There is no need to build up massive credit debt to repair a damaged credit rating. Even small loans and small purchases will build credit effectively as long as all payments are …
If you transfer your balance, will it affect your credit score? Yes, it can. When credit was flowing freely a few years ago, money savvy consumers often transferred balances from one account to another every few months. It seemed to be a smart practice as almost all banks were offering 0% APR rates for the …
Transfer a Credit Card Balance – Will it Affect Your Credit? Read More »
You may think you can not obtain a free credit report without your card. This is not true as your credit report contains much more information than you might realize. Offers to obtain a free credit report are easily found but usually lead to upsells for products to protect your privacy or monitor changes to …
