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?

Role of Credit Bureaus in The United States – 6 Key Roles

Role of Credit Bureaus in The United States – 6 Key Roles Role of credit bureaus in the United States Statista says that the Credit Bureaus in the United States are expected to generate revenue of 142 billion U.S dollars in 2024. These numbers clearly say that credit bureaus are widely preferred by people these […]

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 […]

Does Credit Repair Company Work? 4 Key Factors

Does Credit Repair Company Work? 4 Key Factors Many credit account holders are not aware of credit repair companies and their benefits, so there is pervasive confusion among account holders regarding their services. Statistics say that the Credit Repair Market size of the U.S is worth $4.4 billion in 2022. This data stands as proof […]

Chip Cards Are More Secure – Brief Study in 2022

Chip Cards Are More Secure –  A Brief Study in 2022 Chip cards are replacing traditional cards to ensure data security. Open your wallet and take a look at your credit cards and debit cards. Chances are high that at least a couple of your cards now feature EMV, otherwise known as PIN-and-Chip, technology. These […]

850 FICO Score – 5 Necessary Traits of Perfect Scorers

850 FICO Score – 5 Necessary Traits of Perfect Scorers An 850 FICO score is the perfect credit score on the credit score scale. The Statista Research Department says that the credit card debt of the United States was $800 billion U.S dollars in 2021. This growing population of credit account holders increases the need […]

Debt Snowball – 3 Steps to Pay Off Your Debts

Debt Snowball – 3 Steps to Pay Off Your Debts Debt Snowball is a debt management strategy popularized by personal finance guru Dave Ramsey. Statistics say that the average amount of debt held by individual customers in the U.S will cost around 23,325 U.S. dollars in 2021. This survey clearly shows that a considerable number […]

Credit Score Range – 5 Levels and Loan Options

  Credit Score Range – 5 Levels and Loan Options Your credit score range says all about your credit scores like category and loan options. According to statistics on credit scores, only one out of five Americans are aware of their credit scores. As one can infer from the statistics, most Americans show no concern […]

570 Credit Score – Reasons and Solutions

570 Credit Score – Reasons and Solutions A 570 Credit score is not ideal for users to cherish the credit benefits. Statistics say that only 29% of U.S people possess credit scores of more than 680. This data clearly says that people still lack credit score management. Financial sectors consider credit scores a key point […]

690 Credit Score – A Brief Guide 2022

690 Credit Score – A Brief Guide 2022 A 690 Credit score is a decent score to receive loans and other credits. According to Experian’s credit score range statistics, more than 20% of U.S. people fall under this “good” credit range. As credit scores act as a metric to evaluate the credit worthiness of the […]