Credit repair services don’t have the best reputation. This is because scammers enjoy preying on your desire to quickly fix your credit score. While this has resulted in a lot of fraud in the industry, it doesn’t mean that these financial services aren’t legitimate. In fact, they’re protected by federal law, and there are many …
Your credit score is used in more ways than one could imagine. Thinking of purchasing a home? Your interest rate will depend upon what your score is. Would you like a credit card? If your credit is not good, you may have a high-interest rate, or you may not even qualify for a card. If …
Continue reading “Techniques Used To Increase Your Credit Score”
This upcoming year, it is predicted mortgage rates and prices of homes will lower. This is great news if you want to purchase a new home in 2023. But what about if you have a credit score that is not worthy enough for a home purchase? Consider these things you should do before you purchase …
Continue reading “Purchase A New Home This Year With Your Credit Score”
As a consumer, you need to be vigilant about protecting your credit and financial reputation. One of the best ways of doing this is to understand some of the basics of credit repair (e.g., monitoring, reporting, disputing errors). It would help if you also were careful that you don’t undermine your consumer rights when dealing …
Continue reading “Mistakes To Avoid When It Comes To Credit Repair”
By improving your credit score, you’ll avail yourself of more financial benefits (e.g., more borrowing options, more affordable mortgage, and loans). Your life will also be easier since many institutions (e.g., landlords, employers, utility companies) check your credit. Knowing this, you may wonder how you can quickly boost yours. Fortunately, there are a few ways …
Continue reading “Simple Ways To Quickly Improve Your Credit Score”
While you can get out of debt, you can’t do it quickly. Unfortunately, this isn’t what you want to hear when you find yourself living paycheck to paycheck. Big debts (e.g., student loans, home mortgages) don’t help. In fact, they frequently make the situation worse. The best ways to get out of debt are to …
Consolidating debt is something that is considered by many people who are struggling to pay back personal loans. It can be helpful in reducing stress and worry about your debts overall, but it can also have an impact on your credit score. Debt consolidation happens when a person has multiple loans that are owed to …
Continue reading “Best Ways To Consolidate Your Personal Debt”
Defaulting on your personal or home loan EMIs can adversely affect your credit score, including steep late fees. Are you aware that past payments or payment history can affect your credit history up to the extent of 35%? Your payment, or repayment history, has the maximum impact on your credit score. Are you wondering how …
Continue reading “How Late Payments Influence Credit Score And Credit Repair?”
Although it is commonly believed that the credit report lists all your accounts, their balances, and payment statuses, you might be surprised to find that even the closed accounts can linger on the credit report for several years. Surprisingly, the accounts closed in a proper standing will stay on the credit report for ten years. …
Continue reading “Can I Remove Closed Accounts From My Credit Report?”
A divorce can stress out the couple that is involved in it. There are various items to think about, including how your family will react, what social life will be like, and how you’ll manage without a second income. But many individuals never really think about their credit. But it is something that you …
