Newest Answers

Why a Good Credit Score is Not Always Enough

May 27th, 2015 | Author:

[Y]ou've worked hard to improve your credit score and now you have a number you can be proud of. Before you apply for that car loan, mortgage or credit card you have been waiting on, you need to think about what else you need. It Takes More Than a Credit Score Even a good credit...Continue Reading »

Should You Get a Higher Credit Card Limit?

May 26th, 2015 | Author:

[A]fter a length of time paying your credit card payments on time, you may assume that you will qualify for a higher credit limit. In fact, you may even wonder if you should ask. The question you may have is if you should get a higher limit and when you should ask. Bigger is Not...Continue Reading »

Is It Possible to Have a New Credit History?

May 25th, 2015 | Author:

The idea of starting over is often appealing. You can forget past mistakes and have a new beginning. If you have a bad credit score, you may want to do that with your credit history. Unfortunately, there is no "do over" button. [S]tarting Over with Bankruptcy Many people think that filing bankruptcy is their new...Continue Reading »

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 »