With our cost of living rising steadily, we turn to loans and credit cards to ease the pressure. Unfortunately a financial setback can cause us not to start making payments and leave us with bad credit. Sometimes it is a difficult task to find lenders who will consider you later. Heavy credit card debt and … Read more
The answer to that question may depend on the specifics of your situation, but we can look at it broadly. To begin with, we need to understand that credit scores are calculated based on a scale of 350 to 850, and higher numbers are always better. The score is formally known as the FICO score. … Read more
As long as you are careful with your choices, it is in your best interest to choose a reliable credit repair service. A good company can help you build your credit back up and raise your score in a number of ways, such as negotiating with lenders to change or remove negative reporting, taking advantage … Read more
It’s a frequently asked question in my office, “How do I improve my credit score after bankruptcy?” It may seem like your credit score has been wiped out when financial disaster strikes, but you might be surprised to learn that you can quickly rebuild your credit to get a job, and raise money for a … Read more
If you’re interested in repairing your credit, you’ll need to start by examining your personal credit file maintained by each of the major credit reporting bureaus (TransUnion, Equifax, and Experian). Then, identify any accounts that contain information that could be considered adverse. The only real way to repair credit in 48 hours is to find … Read more
Personal loans are called unsecured loans as you are not required to provide any collateral or security against the loan. For this reason, lenders approach each individual loan application with great care. If even a single factor does not match their eligibility criteria, then they reject the application. Banks will not want to risk their … Read more
Getting the right credit score has been quite a challenge for many people. However, such a score will guarantee you many things. This means that if your credit score has gone down then you need to go out of your way and work on increasing your credit score. Fortunately, there are ways to get there … Read more
Credit cards are classified based on various factors, such as cards that offer rewards programs, cards with good interest rates, low balance transfer rates, or low annual percentage rates, cards for those with limited credit, and special cards ( cards that provide special features and benefits). Depending on the category and type of card, deals … Read more
In the last, half century, or so, the numbers and numbers of people using personal loans of some sort have grown and grown considerably! Although the credit reporting agencies, independently publish, how one’s score is calculated, many people appear to be confused about what is required and what is necessary to protect and improve yours! … Read more
Do you know that there are 3 major credit bureaus that are responsible for preparing your credit record? Often you may prefer to choose one of the credit bureau reports, and scan through that and get an overview of the behavior reported by that particular bureau. But you can skip the information provided by the … Read more