Do Payment Hurts Credit? – An Ultimate 2022 Guide

payment hurts credit tcp

When it comes to maintaining a good credit rating paying your bills on time is a must. However, what happens when a simple mistake is made and you forget to send in a payment by the due date? What if a financial emergency arises and you have to wait until the following pay day to take care of a monthly bill? Will your overlooked or postponed payment undo all of your hard work and trash your credit scores?

Is Credit Repair Legal?- Super Guide in 2022

Is Credit Repair Legal? – Super Guide in 2022 Credit repair legality could be the most discussed topic. People who hardly find time will go for a credit repair service. According to the last survey conducted by the Federal Trade Commission in 2020, there were 458,297 reports of credit fraud. So people prefer a standard […]

The Fair Credit Reporting Act: 11 Important Rights

The Fair Credit Reporting Act: 11 Important Rights The Fair Credit Reporting Act is the legal law that regulates and monitors the credit reporting process. According to the JD Supra, the cases filed through FCRA is 5,406 and it is a 3.5% increase from the year 2020. Credit reporting agencies or loan providers should follow […]

No Credit Card Debt – 8 Ultimate Habits

No Credit Card Debt – 8 Ultimate Habits Is it possible for credit card users to utilize the cards without getting into debt? This may be one of the common questions that arise in people’s minds. A study from Finder.com says that more than 40% of Americans prefer credit cards for making purchases. Though there […]

VantageScore 4.0 – 3 Unique Features

VantageScore 4.0 – 3 Unique Features You may not have realized it before now, but the truth is you actually have hundreds of different credit scores. Many of these credit scores are routinely relied upon by lenders to predict risk – specifically the risk of doing business with you. As a result and in order […]

4 Interesting Benefits of Credit Freeze

4 Interesting Benefits of Credit Freeze Credit Freeze secures your credit scores from identity theft. Data digitalization has a few drawbacks as well. Ever thought of getting stuck in identity theft? What if people use your identity to secure loans and enjoy the benefits? Here is a solution that can help you ensure the safety […]

Auto Loans – 5 Surprising Myths and the Truth

Auto Loans – 4 Surprising Myths and the Truth Auto loans are the loans provided by vendors for buying a new or used vehicle by pledging the vehicle itself as collateral. When a borrower is about to secure a loan or pay off their debts, they come to face enough myths regarding auto loans. Though […]

Balance Transfers vs Consolidation Loans – 3 Key Differences

Balance Transfers vs Consolidation Loans – 3 Key Differences Balance Transfers and Consolidation loans are the last choices of the borrowers to destroy their loans. Paying off loans at the right time with proper interest settlement can save you from getting into deep debts. When people get caught in heavy debts, it is hard for […]

Are Personal Loans Worth It?

Are Personal Loans Worth It? Personal loans are a common choice for many people who wish to make a large purchase that they cannot afford or put on their credit cards. However, are personal loans worth it? Or should you find another way to fund your large purchase? Also read out what you need to […]

Car Loan Is a Great Investment – 3 Reasons

Car Loan Is a Great Investment – 3 Reasons If you’re in the market for a car, and you want to buy a new one, I have good news for you. Getting a car loan for a new car could be a solid investment! Know why a car loan could be a great investment, things […]

Fair Credit Reporting Act – 6 Things To Know

Fair Credit Reporting Act – 6 Things To Know Credit reports can often be the source of a lot of stress. The previous statement is especially true if you are currently battling bad credit or if there are errors on your credit reports. Even if the credit problems you are facing are not your fault, […]

Credit Report – 7 Year Rule

Worried about your current credit situation? Concerned that you’re going to be doomed for the rest of your life because of mistakes you made in the recent past? Don’t be. Know how far back does credit reports go? Your credit report simply serves as a useful guide for lenders to understand what kind of debt history […]