Adverse Credit If you are a borrower with a history of unsatisfactory credit transactions, the lenders will describe your credit history as “adverse”. The expressions “poor credit”, “bad credit” and “sub-prime” all describe exactly the same situation. This leads to a number of questions; what credit information is collected about you, where does it come... Continue Reading →
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... Continue Reading →
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... Continue Reading →
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... Continue Reading →
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... Continue Reading →