Credit Industry News

Making Sense of Free Credit Scores: Benefits and Drawbacks The free credit scores you pull online (aka consumer credit scores) and the credit scores you receive whenever a lender accesses your credit as part of a loan application are often worlds apart. Many of the consumer credit scores which you can access online are some […]

Protecting Your Privacy: Who Can Legally Access Your Credit Reports? Have you ever reviewed a copy of your 3 credit reports? If not, you should make a point to do so sooner rather than later. Your credit reports can contain a vast amount of personal information about you. This information, collected by the credit reporting […]

“Charge-off” is a credit term which is very often misunderstood by consumers. If you have struggled with credit problems in the past, the term could easily wind up on your credit reports in association with unpaid accounts. However, while a charge-off might potentially appear to be good news on the surface it does not actually […]

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 lead to a lot of credit and financial problems including lower credit scores and out-of-control, stressful debt. For this reason our team of credit professionals recommends that you keep your […]

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 […]

Discover why credit matters beyond loan applications. Explore the role of credit in your overall financial well-being.

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. […]

Clearing the Confusion: The Impact of Prepaid Credit Cards on Credit Scores Do you find yourself confused about how the many different types of plastic in your wallet might be impacting your credit scores? If so, you are most certainly not alone. While the different plastic cards you carry around with you may all look […]

Can bad credit cost you your job? Studies have shown that consumers with credit problems statistically make riskier and/or less responsible employees.

The Pros and Cons: Retail Store Cards and Your Credit Score If you are researching the topic of how to build better credit you will probably receive a lot of conflicting advice. Your loved one or family member might recommend that you should avoid credit cards and retail store credit cards all together. (Pro tip: […]

What Do People with High Credit Scores Have In Common? There is no question that life can be a lot easier when you have high credit scores. After all, high credit scores can help you to land some pretty amazing perks like easier loan approvals, higher credit limits, lower interest rates, the ability to save […]

In one of its last moves under the former presidential administration, the Consumer Financial Protection Bureau (CFPB) filed three separate lawsuits against student loan servicing giant Navient. Navient currently services the student loans of over 12 million borrowers in the United States, loans which amount to over $300 billion in both federal and private student loan debt.