Holiday Shopping Mistakes Which Can Land Your Credit on the Naughty List

Tis’ the season for family, friends, food, and fun. Unfortunately the holidays are also a time for extra expenses and very often for overspending as well. Many people start the holidays out with the best of intentions when it comes to their finances. Perhaps you even began with a budget or spending limit to make sure you did not overextend yourself once again this year. However, before you give into the pressure and start making excuses to spend money you cannot afford to spend, consider the following.Read More

Fair or Unfair?

Today’s question, sent to me by Thomas at RE/MAX in New York: How can my client force their cell phone company to report their positive payment history to the credit bureaus? Answer? You can’t. Well, kinda…. Data furnishers like cell phone companies, credit card companies, collection agencies, etc. pay a fee to the credit bureaus to provide them with reporting information. …Read More

The Credit Pros Featured on BadCredit.org

Fixing Credit Mistakes with Expertise, Passion, and Affordability The Credit Pros is in the business of credit repair for individuals and businesses. With one-on-one consultations and a pay-per-deletion model, these services personalize assistance for anyone seeking to rid themselves of mistakes on their credit report. The company’s president and founder, Jason Kaplan, knows that bad credit isn’t always the fault of the consumer, and so he works the system to right credit wrongs for his …Read More

Student Loans and Credit Scores

According to the College Board, the average cost of tuition and fees in the US for the 2015–2016 school year was $32,405 at private colleges and $9,410 for state residents at public colleges. With the median yearly wage per person being $26,695, it comes as no surprise that most people cannot afford to pay for all their children’s college expenses. This is especially true if children want to pursue higher studies in a private college. …Read More

Is No Credit Worse Than Bad Credit?

The general feeling surrounding most Americans dictates that we collectively carry an immense load of debt, such as student loan or credit card debt. With reports from the CBO warning people that the rising federal debt may choke economic growth within a decade and begin a death spiral that will sap revenue from government programs, this mistrust of debt is increasing rapidly. People are afraid that budget cuts or tax increases may be the only …Read More

Was Improving Your Credit Score Your New Year’s Resolution?

The end of 2015 was a bitter-sweet moment for many of us. As we entered the New Year, we left behind a bunch of new memories. Some of us shifted homes, some graduated from colleges, and some found their dream job while others lost it. However, leaving all that behind, it is now time to focus on what’s in store for us in 2016. If you are like the thousands of people who are not …Read More

The Effect of New Credit On Your Credit Score

New credit determines about 10% of your FICO score, making it a fairly important factor in your overall creditworthiness. According to FICO, people in the United States have more credit today and still shop for new credit more frequently than ever. This kind of behavior leads to the very pertinent question, that is, how new credit impacts your credit score. Well, there is no specific answer to this question. In fact, there are many different …Read More