What you don’t know about credit inquiries can destroy your credit score and effect what you can qualify for. Whether you are shopping for a cell phone, car, home loan, insurance, or just curious about wanting to see what you could qualify for, a credit inquiry can cost you points on your credit score. Even […]
Understanding Credit Scores for Home-buying If you are applying for a mortgage, you’re going to have to deal with credit scores. Here’s a primer on credit scores and methods for improving them. Step one in the process is making sure that you have a current copy of your credit report. Congress recently amended the Fair […]
The Basics of Credit Repair Process By having a credit card, you are using someone else’s money as payment for your purchases. You are swearing to repay the amount purchased. When applying for a loan, credit card or mortgage, it is normal for the agency to check your credit worthiness. This is based on the assessment of your […]
If it’s been a while since you’ve looked at your credit report, you may be surprised to find errors, mistakes, or even a black mark or two. Fortunately, a Credit Repair Company can help you fix those mistakes and erase those black marks.
Medical bills are the leading cause of bankruptcy according to many financial sources. Unfortunately, many people neglect their medical bills without realizing the impact that those unpaid bills could have on their credit score.
2017 the US has a population of 326, 474,013 million people. (http://www.worldometers.info/world-population/us-population/)
Chances are if you seriously considering bankruptcy your credit score may already be in bad shape. Bankruptcy will remain on your credit report up to 10 years. Bankruptcy negatively affects your credit score, here’s why:
4th Day of 30 Day Credit Tips – Auto Credit Score Auto Credit Score also known as Auto Industry Optional Score is used by over 90% of auto lenders to determine your auto loan. This score reflects your car payment history and the auto lenders use this as insight to whether you are more susceptible […]
Many people have heard of bad credit, but some may not know what it means. For a long time, there was no established method for determining the credit activities of consumers. However, this all changed when a company called the Fair Isaac Corporation designed a credit scoring system that is called the FICO score. Because the three major credit agencies have different information on each consumer, the FICO score calculated by these agencies won’t be exact.