Learn how others can help you help yourself on the road back to financial recovery.
How Credit Works
In order to acquire and maintain access to credit, one must have a working understanding of how credit works – namely, how credit scores are established and tracked by the three major credit bureaus.
How Do Secured Credit Cards Work?
In today’s society, having a credit card is no longer a luxury, it’s a necessity. You need a credit card in order to rent a car, book a hotel room, or in the most extreme cases, to rent a movie from the local video store.
How to Check Credit Reports
Businesses in the United States buy more than two billion credit reports every year. Since there are currently fewer than 300 million people in the country, this means that the average adult has his or her credit reports examined by someone about once every other month.
Credit Counseling Clients Hurt by New Bankruptcy Requirements
The new bankruptcy law, while well-intentioned, is probably harming indebted consumers by requiring credit counseling. The result is a counseling system that is helping no one.
Credit Repair Scheme Promises Fast Score Increases But May Be Illegal
A well-advertised scheme to increase the credit scores of consumers with bad credit may work, but it is expensive and probably illegal. Those with bad credit should probably avoid this one.
Credit Repair! You May Have A Bad Credit Rating And Not Even Know It
When we talk about credit repair, most of us believe that repairing our credit rating is directly related to our mismanagement of our finances, and in most cases that is true, but not always in this case…
Credit Reports and Scores Often Confuse Consumers
Most people realize that the credit bureaus maintain a credit report on them. But there are many misconceptions about what sorts of things can affect their reports.
Credit Score Improves by Paying on Time
It may seem obvious, but one of the easiest things you can do to improve your credit score is to start paying your bills on time.
Dont Despair With Credit Repair
Having credit card debt may seem like the end of the world, but, there are steps you can take to repair your poor credit.
Credit Card Introductory Rates Can Bite You
That 3% introductory interest rate offered to entice you into applying for a credit card may turn out to be more expensive than you realize.
Credit card minimums not doubling, but might still hurt
Regulators are pressuring credit card companies to require cardholders to payoff more debt each month.