Get a Fresh Start on Your Credit!
Bankruptcy literally causes your credit score to bottom out, but you can recover from a bankruptcy if you’re willing to work at it. In fact, if you handle your finances properly after bankruptcy and start rebuilding your credit as soon as possible after your bankruptcy is discharged, you can recover
One of the biggest hurdles that you’ll ever face once you’ve had a credit setback is not what you think it might be… It’s not that no one will give you credit because you have bad credit. It’s not that you have to find other ways to pay for things
Have you checked your credit score since the updates that took place this month? Remember, we reported back in April that beginning July 1st, big changes in the reporting standards would take place, and this could potentially affect your credit score! Here is a summary of the changes: First
Did you know if you’re using over 30% of your total available credit that it’s probably hurting your credit score? That’s right. Credit utilization, the simple measure of how much available credit that you have at any given time, should stay at or below 30% of your total available credit.
Have you ever tried to read those little “Terms & Conditions” updates you get in the mail every so often? Or worse, have you ever tried to make any sense of the various ways that your credit card interest is calculated? Maybe you’ve never had a credit card before and
A friend of mine is thinking about buying a house, in fact he’s been thinking about buying a house for a couple of years now. However, the last time he applied for a mortgage, he didn’t have enough credit, so his mortgage broker suggested he get a credit card or
Ever wondered exactly how some people end up with terrible credit? What are the common characteristics of those at the very bottom of the credit scoring scale? Are there things that you can do to avoid ending up with bad credit? Generally speaking, people with poor credit (defined as a
Overcoming obstacles to improving your credit score is never as easy as it sounds, and honestly, there are no magic buttons that you can push that will cause your score to skyrocket over the course of a few days, weeks, or even months, but there are steps that you can
Unpaid taxes, doctor bills, and old judgments keeping your credit score down? Perhaps you have some erroneous data on your credit report that’s nearly impossible to get taken off? Inasmuch as we all try to pay all of our bills on time, every time, there are times when information gets
If you’re just starting out financially or if you’ve had a major financial setback, you may need to build or rebuild your credit score. Although the two situations may seem vastly different, and to some extent, they actually are very different, but the steps that you need to take are