Credit Reports

Whether you’re planning on buying a new or used car, you’re personal credit rating will play a significant role. If your credit score isn’t high enough (or non-existent) some auto financing companies will not lend to you at all. If your credit score is just decent, you may be expected to put up a large some of cash as a down payment. Conversely, if you have an impeccable credit score, you may be able to get a new car with zero money ... Read More

These days it can be a real hassle to try to rent an apartment if you haven’t established credit or have a credit record that is not in good standing. Before you start applying for apartments, there are a few things you should know about the approval process. Be Selective First off, try to narrow down your prospective new apartments to as few as possible. Each time you fill out a credit check form that is submitted it “dings” your credit report. Not only ... Read More

Just about everyone knows that a good credit score is imperative for anyone hoping to buy a home or make any other large purchase that may require financing. It can also heavily impact the terms and interest rate of a potential loan, which in the long term can mean the difference saving or spending thousands of dollars. But how exactly is a credit score calculated? A credit score is basically a value that is assigned to several different criteria that are taken into ... Read More

Everyone has had to deal with debt at some point in his or her life. If you've gone to college, bought a car, signed up for a credit card, bought a home, or visited a hospital you will have (or have had) bills to deal with. If you are in debt right now, there is no reason to be embarrassed. Believe it or not, it is less common to be debt free! Unfortunately, because the price of most things (housing, food, gas) has ... Read More

There are plenty of ways to rack up debt—home loans, car loans, credit card debt, medical bills, etc. Credit seems like a great idea at first but if you aren't careful it won't take long for you to go from easily controlling your credit to drowning in debt. For many people their credit gets damaged because they simply have too many bills to pay. The more bills you have, the easier it is to lose track of one of your accounts and ... Read More

If you have been looking for a guide that walks you through the credit-repair process step by step, you are in luck! Here it is: 1. Get a copy of your credit report. Make sure that you get a copy of your most current report from all three of the credit reporting agencies (Equifax, Experian and TransUnion). If you haven't called up your credit report in the last twelve months, you are entitled to a free credit report and there are plenty of ... Read More

Many banks and lenders will tell you that rebuilding your credit is next to impossible and that the chances of recovering from bad credit get lower the lower your score is. The good news is this: rebuilding your credit is not only possible, it's almost easy. All it takes is time, diligence and responsibility. Isn't My Credit Record Permanent? Hardly! Your credit history only goes back seven years (check your state's laws for credit reporting as some states have shorter and some have longer ... Read More

If you’re looking for a new place to stay, specifically an apartment, you can almost guarantee the landlord is going to run a credit check. For any reason, whether it be a bankruptcy, or just bad debt with credit cards, the renter may not necessarily want the apartment to obtain their credit report. Finding apartments that do not check your credit are getting much harder to find. You almost need to be a member of an ... Read More

With the rising amount of debt in the United States, it is amazing how many people do not regularly check their credit. Regularly checking your credit does not mean once a month, or even every other. Most institutions, both offline and on line advise that you check your credit report at least once a year. You can obtain this once a year credit report absolutely free of charge, without having to sign up for a credit report monitoring service. The question is though, ... Read More

There are numerous situations in which you would need to fix your credit report. If there is an error at the reporting institution regarding payments you may need to fix a negative mark on your credit. This could happen by the financial institution hastily reporting non-payments, and accidentally including your account. If you should find something like this when checking your credit report, it is best to solve this with the reporting institution as opposed to going through the credit reporting agencies. ... Read More