In the United States, a good credit score can be just as important as your social security number or money in your bank account. Your credit score is not just a number, it is an important factor of your financial health. In this article, we will discuss what is a good credit score, and some …
Can Credit Limit Increase Affect Your Credit Score?
It is important to have good credit. It opens up avenues for lesser interests and it affects future loan approvals for larger purchases. Therefore, although having a bigger credit limit is better, here is what you must know for building your credit in the right manner. Two factors decide if a rise in credit limit …
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How To Use Secured Credit Cards To Repair Your Credit
Have you heard about the snowball method of debt repayment? This system requires you to first place as much income as possible towards paying off your smallest debt. You’ll continue to make minimum payments on other debts. Once you’ve paid off one debt, you start working on your next smallest debt until everything is paid …
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Implications Of Stopping Your Credit Card Payments
When you stop the payments on your credit card, you can pretty much expect a poor credit score, charging of late fees, and increased interest. If you are facing some unexpected circumstances such as heavy medical bills or unemployment and you are faced with more debt than you are capable of repaying, it will be …
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Top 10 Things That Affect Credit Score
Going through a bankruptcy can be a stressful and time-consuming situation. We at The Weller Legal Group are here to help make the bankruptcy process easier and more efficient for you and your family. Every year, over one million Americans will file for bankruptcy. We at The Weller Legal Group want to help you to …