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.
Racking up debt is a problem for many people. It happens fast, and sometimes people do not realize the situation they are in until its too late. When you do realize you have too much debt and you want to begin paying it down, below are the most important things to do and consider when … Read more
If you’re looking for ways to improve your credit, perhaps so you can buy a house or car, you may consider hiring a credit repair company to help you. Before you pay hundreds or thousands of dollars for a company to fix your credit, make sure you understand your rights. You have the right to … Read more
Did you know you have more than one credit report? In the United States there are three major credit bureaus – Equifax, Experian, and TransUnion. If a creditor, lender, or another business needs to review your credit to approve your application, they’re likely going to use your credit report from at least one of these … Read more
Spouses, partners, or even relatives may, at some point, consider applying for a loan together. As with anything, there are pros and cons to applying for a loan with someone. It’s important to think about the advantages and the disadvantages before you make a final decision. Applying together could help you qualify for a larger … Read more
As debts get older, they start to affect you less and less. The impact to your credit score isn’t as heavy and the likelihood of a lawsuit decreases, too. Eventually, old debts will drop off your credit report completely and they will no longer be legally enforceable. But, there are certain things you could do … Read more
Dealing with debt collectors can be a nuisance, but if a collection really belongs to you, dealing with it is better in the long run. Here are some tips for handling debt collection accounts and dealing with debt collectors. Know when to communicate in writing. Phone conversations may be faster and more convenient, but there … Read more
The recent Equifax data breach has many consumers questioning how worried they should be about identity theft. The answer is very worried. Think about all the credit-related transactions you’ve made – or plan to make – over the course of your life. Not only could a thief make these same transactions under your name, they … Read more
Checking your credit score only once a year or when you’re about to apply for a major loan might not be enough. If you want to improve or even maintain your credit score, it’s better to check your credit score regularly. There are several benefits to checking your credit score often. You always know where … Read more
Major corporations known as credit bureaus or credit reporting agencies compile your credit information then sell it to businesses that need your credit information. From getting approved for credit cards and loans to getting a job, the information in your credit report plays a major role in your life. Here are some rules defined by … Read more
When credit card debt has you down and you don’t know what to do next, it’s time to formulate a strategy. Once you better understand your situation and the steps you can take, it’s much easier tackle credit card debt in a highly efficient and effective manner. Here are five simple tips that anyone can … Read more
