Newest Answers

How to Know If an Employer Will Check Your Credit

April 27th, 2015 | Author:
h

[Y]ou may have heard that employers check your credit when you apply for a job. Along with that news is a lot of misinformation that may give you cause for concern. You want to know if an employer is going to check your credit and how it will impact you. Credit Report vs. Credit Scores...Continue Reading »

Choosing the Right Credit Monitoring Service

April 24th, 2015 | Author:
h

[Y]ou can find numerous credit monitoring sites online. Many of them are free, while others may have a monthly fee attached to membership. Even the free sites often feature paid memberships that give more features and benefits. How do you know which site is best for you? Should you select more than one? Know What...Continue Reading »

What Keeps You Lost in Bad Credit

April 23rd, 2015 | Author:

[H]aving bad credit seems like a never-ending cycle. You can't get credit to improve your credit, or you do get new credit that actually hurts your credit. It can feel as if you will never have a good credit score again. Why does this happen and how can you change things? The Dangers of Credit...Continue Reading »

How to Get a Car Loan with No Credit

April 22nd, 2015 | Author:
h

[G]etting approved for a loan of any kind with no credit history is rather difficult. Lenders seldom want to be the one to take the chance and offer credit to an unknown. However, it is possible to be approved for a car loan even if you have limited credit. Since this kind of loan uses...Continue Reading »

How Your Smartphone Can Help You Improve Your Credit Score

April 21st, 2015 | Author:
h

[S]martphones do much more than allow you to talk and text friends and family. They make it easier to check your email, surf the web, play games and even read or watch movies. What you may not think of using a smartphone for is to improve your credit. If you wonder how it is even...Continue Reading »

New FICO Scores Will Change Credit Opportunities for Many

April 20th, 2015 | Author:
h

[F]air Isaac is the creator of the FICO score, used by many lenders to approve loan applications. It is changing the way credit scores are determined to give more people access to scores and to help improve others' credit. The new score will include non-traditional forms of credit, such as utility bills, cable and cellphone...Continue Reading »

Strategies to Avoid to Get Out of Debt Even If it Improves Your Credit Score

April 17th, 2015 | Author:
h

[I]f you are trying to improve your credit score to qualify for a loan or new credit, you may be willing to try any strategy to get out of debt. While setting a goal to be debt-free is a good thing, not all strategies are sound choices. Here are a few things to avoid when...Continue Reading »

Should You Choose Cash Over Credit If You Have a Bad Credit Score?

April 16th, 2015 | Author:
h

[F]or many people, the idea of paying cash for something seems archaic. They whip out their credit cards and never worry about having cash on hand. But for the person who has had issues with credit in the past, using credit may not be the best option even if he or she now has a...Continue Reading »

Choosing Between Debt Consolidation or Bankruptcy

April 15th, 2015 | Author:
h

[I]f you have fallen on hard times, you may be having difficulty paying your debts. As you fall further and further behind, you may wonder if you should file bankruptcy or if debt consolidation will help you at all. Which option is best for you now and in the future? Debt Consolidation If you have...Continue Reading »

Disputing Your Credit Report

April 14th, 2015 | Author:
h

[E]xperts often tell you to check your credit report and dispute anything that isn't true. But what happens when you file a dispute? Does it impact your credit score or ability to get credit? In many cases, the answer is "yes." Options for Disputing You have two options to dispute something on your credit report....Continue Reading »

Dealing with a Collector or the Original Creditor

April 13th, 2015 | Author:
h

[Y]ou get a collections notice in the mail from an agency for an account you had forgot about. The letter sounds formal and even downright intimidating. You wonder if it is possible to pay the original creditor and skip over the collections agency since you've heard they can be difficult to deal with. Is this...Continue Reading »