Credit Score

Debt Counseling

Debt Counseling Services: Should You Use Them?

Updated: September 11, 2020 Many people have difficulty managing their financial situation. Overdue bills are a constant source of worry. They live paycheck to paycheck. When someone is in this situation, debt counseling services (also known as consumer counseling services) sound like a responsible choice. They are advertised as a long-term solution to get your Read more

Debt Consolidation Affects Credit Score

Understanding How Debt Consolidation Affects Credit Score

Updated: September 11, 2020 It’s common knowledge that eliminating debt usually results in an improvement of both your credit score and financial situation. To eradicate it, we use what resources we have available. If you possess a significant amount of debt, you may be considering debt consolidation. After all, it sounds like a sensible way Read more

Remove Negative Items from Credit Report

Remove Negative Items From Credit Report Wisely

Updated: September 9, 2020 Negative information is never good. On your credit report, it’s even worse. Lenders see it as a legitimate reason to give you a credit card or loan with a higher interest rate. As a result, you’ll end up paying more for using their credit. When you remove negative items from credit Read more

Check Credit Score

Ways to Monitor Your Credit Score Effectively: a Guide

Updated: September 9, 2020 Let us introduce our friend Joe. Joe thinks that just because he has good credit habits today his credit is fine. He doesn’t monitor his credit score as often as he should. Unless he’s applying for a credit card or a loan, he thinks those three digits aren’t important. Unfortunately, when Read more

Reading a Credit Report

Finally Understand How to Read a Credit Report

Updated: September 3, 2020 Note!!! Due to the COVID-19 outbreak, Experian, TransUnion, and Equifax offer free weekly credit reports through April 20, 2021. Reading a credit report can be intimidating. It holds all of your reported credit history for the last seven to ten years. That’s a lot of information to process and it is Read more

When Disputing Credit Report What Is Best Way

A Guide on How to Dispute Credit Report Errors and Win

Updated: August 3, 2020 Credit report errors can cause further problems and delays when obtaining credit in the future. You may notice a small mistake on your report but don’t hesitate to have it corrected straight away. If you choose to ignore these mistakes you can run into bigger difficulties in the application process for Read more

Why Did My Credit Score Go Down

Why Did My Credit Score Drop? Possible Reasons

Last Updated: July 30, 2020 You know that it’s important to have a good credit score, so you do all the right things. Any mistakes you make are short-lived: you’re always quick to correct them. Despite this, your credit score should be strong, and you have a pretty good estimate of where it should fall. Read more

Credit Utilization Rate

Understanding a Good Credit Utilization Ratio

Updated: July 30, 2020 When reading about credit and credit cards, you may see the term “credit utilization ratio.” If you don’t know what exactly a credit utilization ratio is, the whole discussion can go over your head. Worse, you may be missing out on an easy way to improve your credit score. What Is Read more