Credit Score Improvement

Good Debt and Bad debt – 3 Key Differences In the world of credit scoring, the types of debt you incur are treated very differently. Of course, your payment history matters a great deal regardless of the debt type. A late payment made on your mortgage loan may hurt your credit scores just as severely […]

If you have been struggling with debt issues in recent months or even years, there is a good chance your credit rating has taken a hit. If your rating gets too low, you might find it has a paralyzing effect on your ability to manage your finances. Why is that? Go through this article to […]

The Perks of Achieving an 850 FICO Score Everyone dreams of having an excellent credit score. The highest score possible under most FICO scoring formulas is 850. By reading this article you will get to know about the benefits of having a higher credit score and its uses. Let’s get started by looking into sections […]

In today’s world where most businesses and households run on credit, having strong creditworthiness is more than important. A high credit score builds up your financial power, making you eligible for financial services and loans. Nationwide consumer reporting agencies, such as Equifax, TransUnion, and Experian, look at your credit reports to calculate your credit score, […]

A debt statistics survey says that nearly 80% of Americans have Debt. People share information at incredible speeds without knowing its authenticity and unknowingly spread false information to people around them, and the same is true for the concept of Debt Consolidation. This article focuses on how to differentiate between the facts and myths about debt […]

From Average to Excellent: 7 Ways to Enhance Your Credit Score Your credit score is one of the most important measures of your financial health. It tells the lenders how you use your credit. If your score is better, it is easier to gain approval for any new loans or lines of credit. A higher […]

The title of this article actually features a big mistake. The mistake is the idea that you only have 3 credit scores and it is one of those credit myths which resurfaces over and over again. In truth while you do only have 3 credit reports, one from each of the 3 major credit reporting agencies (Equifax, TransUnion, and Experian), you really have hundreds of different credit scores.

Patience and Persistence: Understanding Credit Score Recovery After Bankruptcy The decision to file for bankruptcy is a difficult task. The legal process can not only be challenging but damaging to your credit. But know this: the effect of bankruptcy on your credit report isn’t forever. It will last for 7-10 years depending upon the type, […]

Does the Collection Account Raise Credit Scores? When it comes to questions regarding your credit scores, more often than not there is no simple answer. Rather, the answer to most credit scoring questions is the frustratingly ambiguous, “It depends.” If you are wondering whether or not paying off an outstanding collection account will raise your […]

It’s almost a brand new decade, and there’s plenty of reason to celebrate. Maybe you have some New Year’s resolutions. One of the most common New Year’s resolutions is to be better with money. Check out this guide on how to increase your credit score in 2022.  Financial goals are some of the most widespread […]

  Is your New Year’s resolution to save more money? Do you want to improve your financial standing and set yourself on the path to independence? You’re not alone: millions of Americans every year decide to make financial goals part of their New Year’s resolutions. Read out new year resolutions to save money. Most people, […]

Working hard to build better credit is a smart use of your time, money, and energy. There are a lot of ways to potentially improve your credit including opening a new secured credit card, paying down existing credit card debt, and working with a reputable credit repair professional. Yet there is also another potential method […]