Credit Reports

When trying to repair credit and get on top of financial trouble, many credit card owners consider canceling their credit cards. This may not be a wise decision and could actually lower a credit score. Before taking the scissors to the credit cards, sit down and do a little research on the truth about the effects of canceling credit cards. Also evaluate your individual situation. The reasons to keep credit cards open: * Available credit is a factor when your credit score is calculated. ... Read More

First, there is now way to know what needs to be fixed on your credit report, until you have it in black and white in front of you.  You cannot assume you have bad credit, or not know whats on there, and try to increase your score.  First step that you must take is get a free credit report from all 3 credit bureaus.  Once you have that in your had, you can get to work. Here is what I have done in ... Read More

You did it…after months of hard work your debt is PAID OFF! You just finished splurging with some of the money that had been going to paying off debt, ate out for change, done cleaning up after your celebration party, and the fireworks put away. You nearly skipped on the way to the bank to apply for a loan. You are get a credit check to pre-qualify for a loan and are shocked…your credit score is ... 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

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