Newest Answers

Getting Your Credit Ready for a Mortgage

May 22nd, 2015 | Author:

[O]ne of the most common reasons that people begin focusing on their credit is to get ready to buy a new home. They may have already applied for a mortgage and been turned down, or they may know that their credit needs some work to qualify. Either way, it is important to know what you...Continue Reading »

Are You One of the 10%-33% of Americans Without a Credit Score or Have You Checked?

May 21st, 2015 | Author:

[A]ccording to statistics by the experts, between 10% and 33% of Americans either do not have a credit score or haven't checked theirs. If you are in this group, you may be hurting yourself for the future. Do You Have a Credit Score? You may assume that everyone has a credit score. However, you must...Continue Reading »

What is the Most Important Thing to Know About Your Credit?

May 20th, 2015 | Author:

[Y]ou will read a lot of information about credit history, credit scores and credit reports if you are working on improving your credit. Some of this information will be accurate while some will be incorrect. It can all get overwhelming and confusing. It may be easier to narrow it down to the most important information...Continue Reading »

Where People with the Best Credit Live

May 19th, 2015 | Author:

[H]aving good credit opens a lot of doors of opportunity for you. Living in a state where more people have good credit can also give you more options. Over half of the people with credit scores nationwide have subprime scores, which means they are not in the excellent category. It doesn't mean they have bad...Continue Reading »

The First Step to Rebuilding Your Credit Score

May 18th, 2015 | Author:

[I]f you have been reading on ways to improve your credit score, you may be feeling overwhelmed with all of the information. Experts will give you all kinds of scenarios on what will improve your score. It could have you trying to figure out just how much each thing will impact your score so you...Continue Reading »

How Your Credit Limit is Determined and How It Impacts Your Credit

May 15th, 2015 | Author:

[Y]ou pay on a credit card faithfully and then you receive a notice in the mail that your credit limit increased. Another card that has a low balance doesn't ever see an increase. It seems to make no sense and you're not even sure if raising your limit is good or bad for your credit....Continue Reading »

Fun Ways to Celebrate Your Improved Credit Score

May 14th, 2015 | Author:

[I]f you have been living frugally and working extra hard to pay down debt to improve your credit score, you may be living to see the proof of your hard work. Once you reach the goal that you set for yourself or a milestone along the way, you may want to celebrate. Avoid doing something...Continue Reading »

Dealing with Debt Collectors When You Want to Improve Your Credit Score

May 13th, 2015 | Author:

[H]aving a debt in collections is one of the worst things that can happen to your credit score. You will most likely never see an excellent score as long as it is being reported. However, the amount of damage it does will be less as more time passes. Which Debts to Worry About First The...Continue Reading »

Rethink Your Money Habits to Improve Your Credit Score

May 12th, 2015 | Author:

[Y]ou probably know that paying your bills on time can help improve your credit score. It's also a good idea not to max out those credit cards if you want a high credit rating. However, other money habits can have an indirect impact on your credit score even if you don't realize it. Not Saving...Continue Reading »

What Everyone Should Know About Credit

May 11th, 2015 | Author:

[T]here is a lot of information about credit reports and credit scores. While you may never be an expert, everyone should know the basic information. This begins even before you get credit, starting at the high school level. If you know these things in advance, you will be more likely to start out building good...Continue Reading »

Paying Old Debts to Improve Your Credit Score

May 8th, 2015 | Author:

[T]here is a lot of contradictory information available about whether you should pay an old debt, especially old credit cards or charge accounts. The final decision is up to you, but you should be aware of a few facts before you decide. Paying Won't Change Anything On your credit score, that is. Even if you...Continue Reading »