Archive for the ‘credit’ Category

Whether you have a lot of bills and expenses to pay, or there’s a large purchase you want to make, you’re usually faced with two choices when you don’t have the cash: you can charge on a high-limit credit card, or you can take out a personal loan. In some situations, a personal loan might […]

Whether you’re applying for your very first credit card, or you’re thinking about applying for an additional credit card, the choices can be overwhelming. After all, with all of the available options, how can you know what credit card is the best one for you? The following is what you want to look out for […]

Certain credit decisions might not seem like mistakes until it’s too late, and these can sometimes result in a poor credit score in the long run. Try to avoid the following credit mistakes: Not checking your credit report When was the last time you checked your credit report? Quickly scanning your credit report just to […]

  The following ways may help to improve your credit score without using a credit card:   Check your credit report for mistakes Did you know that a lot of credit reports contain errors? Even if you know your poor credit score is due to large amounts of debt and/or delinquent payments, even just one […]

   If you’re trying to bounce back from poor credit, you may have heard that one of the best ways to do this is through responsible use of credit cards. Although there are certainly ways to improve your credit score with a credit card, some people simply prefer to avoid credit cards completely. The following […]

 Issued by state, county, or federal governments, public records are legal documents that can be viewed by anyone. Certain public reports can hurt your credit rating when they appear on your credit report, and often will remain there for seven years or longer. The following are the types of public records that lenders, employers, and […]

Have you always wondered what lenders look for exactly when you apply for a loan? In addition to looking at your overall credit score, they will look through your payment history, current and past loans, and level of risk. Although it can vary by creditor, many will follow the five C’s of credit when making […]

When it comes to applying for credit, you may have heard the terms “hard credit inquiry” and “soft credit inquiry.” This article explains the difference between these two types of inquires and how they affect your credit score. Soft credit inquiries Fortunately, these are the types of inquiries that don’t have any affect on your […]

A credit report includes your entire credit profile and will reveal information such as your address, how your bills are paid, whether you’ve filed for bankruptcy or if a judgment has been filed against you. Nationwide credit reporting organizations sell the information in your credit report to insurers, lenders, employers, and other companies that use […]

Many people, at some point or another, will have a negative strike on their credit reports. However, these are some of the worst items that can appear on your credit report. You’ll want to do what you can to avoid these things from ever showing up on your credit report, or the repercussions may take […]