Newest Answers

Bad Credit Doesn’t Last Forever

May 23rd, 2016 | Author:

[A]t least it doesn’t have to if you learn from previous behavior. Rather it was the result of poor choices or an unfortunate event, you don’t have to pay for credit mistakes for the rest of your life. A study from VantageScore Solutions shows that credit scores can improve over time. How long? Surprisingly, it...Continue Reading »

The Truth About Bankruptcy and Your Credit Score

May 20th, 2016 | Author:

[T]he ultimate threat for many is that they will have to declare bankruptcy because there is no way out of debt. They avoid this option except as a last resort because of the long-term impact it has on them. However, many people really don’t know what a bankruptcy would do to their credit rating, except...Continue Reading »

Understand Your Options to Lease or Buy with Your Credit Rating

May 18th, 2016 | Author:

[L]easing a car is becoming more popular for people who like to trade for the latest model often. They also appreciate the lower payments and no worries about getting financed if you owe more on your car than it’s worth. Purchasing an automobile through a car loan can be difficult if you have poor credit....Continue Reading »

How Much Does Your Name Matter on Your Credit Report?

May 13th, 2016 | Author:

[I]f you have an unusual name, you are probably used to spelling it for other people. Even seemingly simple names like Ann (Anne) or John (Jon) can have multiple spellings. While this may not seem like a big deal if you’ve had to deal with it all your life, it can cause major headaches, especially...Continue Reading »

Don’t Let Summer Ruin Your Credit

May 11th, 2016 | Author:

[I]t doesn’t matter whether it is high school, college or even eighth grade graduation, the event is still a major milestone in a family’s life. The tendency to overspend it prevalent. It’s easy to pull out a credit card and book a venue, hire caterers or buy a gift. The problem of paying this bill...Continue Reading »

Build Better Credit with Your Kids

May 9th, 2016 | Author:

[Y]ou’ve learned some painful lessons as you’ve worked to improve your credit score and rebuild your credit rating. You wish you had done things differently and avoided the costly problems that come with a poor credit score. While you can’t magically turn back time, you can use your newfound wisdom to start your kids out...Continue Reading »

Do Men or Women Have Higher Credit Scores?

May 4th, 2016 | Author:

[A] survey conducted recently shows that women have higher credit scores than men on average. A survey conducted by Experian, a credit reporting agency, showed that women had an average score of 675 over men’s average score of 670. The survey included 750,000 people. According to the agency, about one-fourth of US residents are found...Continue Reading »

When Should You Check Your Credit Scores?

May 2nd, 2016 | Author:

[Y]ou can get your credit reports once a year for free from However, you can’t get your credit scores unless you pay for them. Of course, you may have a credit card company that provides them, but you can’t retrieve them on your own for free. There are some times when it pays to...Continue Reading »

Does Your Credit Score Tell Who You’ll Vote For?

April 29th, 2016 | Author:

[A]nalysts use all kinds of indicators to measure the likelihood of who a person will vote for in the Presidential election. Why not consider credit scores? Do people with higher credit scores vote for one party or one candidate over another? Just as age, location and other factors are used to estimate how a person...Continue Reading »

Can Rewards Cards Be Bad for You?

April 27th, 2016 | Author:

[T]he goal of anyone trying to find the best credit card is often to be approved for a rewards credit card. A credit card with a rewards program often means you can score points for free flights or hotel stays. You may also get cash back on your purchases. It almost feels like you’re getting...Continue Reading »

The Truth about Shopping for a Loan and Credit Scores

April 26th, 2016 | Author:

[I]f you plan to buy a house or a car, you may shop around with multiple lenders to find the best rates or even just to get approved. While it’s important to try to save money, you need to understand the impact this has on your credit scores. Multiple Applications, Single Impact If you apply...Continue Reading »