Consumer Rights in Debt Collection
It’s an unfortunate situation when one doesn’t answer their own phone because they know it’s a debt collector calling. But if you have found yourself in this predicament, it helps to know your rights as…
Credit and Debt
Improve your credit score, manage debt, and understand how credit works. From credit card usage to debt consolidation and credit repair tips, this section gives you tools to strengthen your financial foundation and regain control of your money.
Thinking About Co-Signing a Loan for Someone?
Understand what it really means if you’re considering cosigning a loan for someone. A creditor may require a cosigner when the applicant doesn’t have the credit history that a lender requires to approve the loan…
The Debt Snowball
Paying off debt is a concern for many consumers, and there are different opinions on the best way to go about doing it. Mathematically, it makes more sense to first pay off the debts that…
Your Credit Utilization Ratio
Credit utilization ratio – a significant factor in your credit score Most consumers who keep a close eye on their credit score know exactly what a credit utilization ratio is; it’s the percentage of your…
Freedom From Debt
Living from paycheck to paycheck? Using your credit cards to pay your monthly expenses? Wondering how you’ll ever get on top of your debt when the credit card balances seem to grow little by little…
Surviving the Credit Crunch
The credit crunch The U.S. mortgage meltdown of 2007 started the whole process of a global credit crunch. Extreme bank losses, due to record numbers of defaults and foreclosures, put some lenders out of business,…
Credit Monitoring Services
Credit monitoring services offer subscribers access to their credit reports and credit scores from one or all three of the major credit reporting agencies, Experian, Equifax, and TransUnion. Many monitoring services allow unlimited access to…
Inaccurate Credit Reports – Mixed and Split Files
Your credit report may not be completely accurate. It’s not uncommon for consumer’s credit reports to have inaccurate information. These mistakes in your credit report can mean higher interest rates, larger down payment requirements, and…
Debt Settlement
It would be great if we had the security of knowing that we would never lose our job, never require major medical care, and never let our debts get the best of us. But life…
Get a Good Credit Rating
A good credit rating is important, whether you’ve got great credit or are still working on getting there. A few simple habits can ensure that your credit rating stays good, or keeps improving. A good…