4 Credit Score Boosting Tips for Students Students generally think FICO scores are primarily important for adults, who have to deal with mortgages, auto loans, high monthly credit card bills, and other such financial perils. Ignoring your credit score is a big mistake, as this three digit number may turn out to be more important…
Details
Repair Credit Score After Chapter 7 Bankruptcy: Learn How Filing bankruptcy makes it difficult for the individual to get credit, but it is still a possibility. The mention of Chapter 7 bankruptcy puts the borrower into subprime category, which implies that the borrower needs to pay higher interest rates and penalties for defaults. It usually…
Details
4 Factors You Didn’t Know Impact Your Credit Score Every financial decision you make has a positive or negative impact on your credit score. Your credit score takes a hit every time you use a credit card in an unassuming way or make a financial inquiry of some sort. If your credit score gets too…
Details
Wondering How to Fix Your Credit and Impress Lenders? Here’s How Many borrowers believe that a credit report without any mention of bankruptcy, late payment, charge-off or high balance is enough to help an individual get through the stressful loan process. Many borrowers, however, are unaware of the presence of red flags in the credit…
Details
Paying “Minimum Amount” on Your Credit Cards? Think Again! Contrary to common notion, paying the “minimum amount” due on the credit card every month doesn’t help in clearing off debt. Many people live under the myth that a small amount paid every month is enough to keep them in the good books of lenders and…
Details
Credit Repair 101: Drafting an Effective Credit Report Dispute Letter Although financial experts regard a high credit score as one of the most important financial assets for any individual; many a time, credit bureaus and creditors falter in reporting important details, which affects the credit score. The good news, however, is that you have the…
Details
