Universal Default

Credit cards represent a wonderful tool to help you build good credit, but only when they are used properly. Improperly managed credit cards can actually…

How Many Credit Cards Are Too Many?

If you are looking for credit advice online or in your favorite eBook store you are likely to come across a lot of different opinions. Some credit advice will probably be very similar across the board, such as the fact that no one thinks it is a good idea to make late payments on your […]

Does Credit Matter If I’m Not Applying for a Loan?

Does Credit Matter If I’m Not Applying for a Loan? “Why do I need to worry about my credit if I am not planning to apply for a loan?” The previous question represents a growing sentiment amongst consumers – the idea that living a life unaffected by credit is not only possible, but something for […]

How Your Credit Reports Could Change Drastically On July 1st

Equifax, TransUnion, and Experian have announced some huge changes in their credit reporting policies which will be introduced on July 1, 2017. The 3 major credit reporting agencies (CRAs) will soon be removing the vast majority of tax liens and about half of the judgments from the credit reports of American consumers in just a […]

How Your Credit Reports Could Change Drastically On July 1st

Equifax, TransUnion, and Experian have announced some huge changes in their credit reporting policies which will be introduced on July 1, 2017. The 3 major credit reporting agencies will soon be removing the vast majority of tax liens and about half of the judgments from the credit reports of American consumers in just a few […]

Trended Data

If you have never heard of the term “trended data” before, then you need to pay close attention to this article. This somewhat recent addition (relatively speaking) to your credit reports could have a noteworthy influence over your credit scores and, by extension, your ability to qualify for loans and credit cards in the future. […]

Prescreened Credit Card Offers and Your Credit

Prescreened Credit Card Offers and Your Credit Your credit is probably used for a lot more purposes than you realize. You likely are well aware that lenders generally check your credit reports and scores whenever you apply for a loan or new credit card account. Credit reports (not scores) are routinely used by employers whenever […]

Why Current Creditors Check Your Credit

Why Current Creditors Check Your Credit The accounts on your credit reports for the most part are firmly divided into two categories – installment debt and revolving debt. Yes, there may be some items on your credit reports which fall outside of these two categories such as judgments, tax liens, collection accounts, etc. Still, for […]

3 Ways to Have a Collection Account Deleted

3 Ways to Have a Collection Account Deleted Collection accounts are known to take a wrecking ball to credit scores. That is no secret. In fact, even paid collections accounts may continue to damage your credit scores nearly just as severely as unpaid collection accounts, depending upon the brand and generation of credit scoring model […]

Do Prepaid Credit Cards Influence Credit Scores?

Do Prepaid Credit Cards Influence Credit Scores? Confused about how the different types of plastic in your wallet might be impacting your credit scores? If so, you are not alone. While the different plastic cards may all look alike and may behave similarly (at least on the surface), the ability of these cards to influence […]