Mistakes To Avoid When It Comes To Credit Repair

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 …

Simple Ways To Quickly Improve Your Credit Score

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 …

How Late Payments Influence Credit Score And Credit Repair?

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 …

Can I Remove Closed Accounts From My Credit Report?

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. …

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 …

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 …