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”
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 …
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 …
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 …
Continue reading “Can Credit Limit Increase Affect Your Credit Score?”
Your FICO score is a 3-digit number that you receive based on your credit report. The number helps the lenders in deciding the possibility of you returning a loan. It also affects the amount you can borrow, the number of months you get for repayment, and how much this loan is going to cost in …
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 …
Continue reading “Implications Of Stopping Your Credit Card Payments”
There is no need for the late payments to be a part of your credit report forever. It is possible to get rid of the late payment records from your credit report. The entries of late payments on the credit report are not good for your credit health. These entries indicate lower financial integrity and …
Continue reading “How To Remove Late Payments From A Credit Report”
Financial advisors would always suggest abiding by the three key financial safeguards to attain financial security. They are: Save money as an emergency fund Never spend more than you can afford Pay your debts on time In addition, experts today also recommend keeping your credit scores as high as possible. A credit score is an …
Continue reading “Why Is It Important To Have A Good Credit Score?”
One of the more significant things you need to comprehend while undertaking your credit repair is that it doesn’t matter how daunting it may appear, it is possible. It is also a lot more straightforward than you would have envisaged. There are a few credit repair hacks you need to be aware of that will …
Continue reading “Credit Repair Hacks For Improving Your Credit Score”
A credit repair company in Montgomery, Alabama was closed down in October of 2017 for deceptive and illegal practices. According to the Alabama Attorney General’s office Scott’s Credit Repair is closed down permanently. The owners, John and Krystal Scott, are prohibited from consumer credit repair work or consumer finance work. Additionally, they have been prohibited …
Continue reading “Alabama Credit Repair Company Shut Down for Multiple Violations”
