If you’ve ever wondered how credit scoring works, it all comes down to the credit score, which is derived from five different sources of information: payment history, debt utilization ratio, types of credit used, length of credit history, and new credit accounts. There are thousands of different credit scores that are made up of the […]
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3 Reasons Why Your Credit Score Is Important
You’ve probably heard people mention that it’s important to have a good credit score, but what exactly does this mean? Knowing your credit score and why it’s important can help you make decisions that can improve your financial future over the long term, whether you are applying for a loan or looking to rent an […]
Read More...How Credit Scoring Works and How you can Improve Your Score
Have you ever wondered how credit scoring works? It’s an essential part of the lending process and has huge implications on your credit, but the concept itself can be difficult to understand. In this guide, you’ll learn exactly how credit scoring works, why it’s so important and what you can do to improve your score […]
Read More...Why You Should Never Get a Bad Credit Loan
Bad credit loans are exactly what they sound like loans offered to people with bad credit histories. These loans come with very high-interest rates, which leads many people to get them because they think they have no other choice when it comes to financing their purchases. This guide explains why you should never get a […]
Read More...Some Mistakes People Make When Trying To Repair Their Credit
One of the most common ways people try to repair their credit is by using a credit repair company. While there are some companies out there that will do what they say, the fact remains that it can be pretty difficult to repair your credit yourself, particularly if you don’t know exactly what you’re doing […]
Read More...Credit Tips and Advice – How to Raise Credit Score
Many consumers complain that it’s hard to raise your credit score once it’s damaged, but this idea is far from the truth. It does not matter how bad your credit report was in the past because with the right education, you can improve your three-digit number over time. In this article, I will discuss 5 […]
Read More...Is Credit Repair Legal?
For those who are searching for assistance with their less-than-great credit score, credit repair is certainly an option to consider. However, before working with just any company that promises to help improve credit scores and dispute discrepancies on a report, it is important to determine whether or not a particular company is operating within the […]
Read More...Secured Credit Cards: 5 Ways to Find Them
A person who needs to repair, or build up their credit, may want to look at signing up for one or more secured credit cards. With this type of card, a person makes a deposit and can then make charges up to that amount. One can charge purchases, and either pay off the balance or […]
Read More...How to Raise Your Credit Score: 5 Tips That Can Help
Credit means everything in today’s world. It affects a person’s ability to buy a car, a home,and even insurance rates. With so much emphasis placed on good credit, it is imperative that a person knows how to raise your credit score. With a good credit score, which is typically defined as a score above at […]
Read More...5 Mistakes to Avoid When Shopping for Bad Credit Home Loans
For those who want to buy a home, but don’t have the best credit, there is still an option. Bad credit home loans are out there and can help a person buy a home. However, there are some mistakes that can and should be avoided at all costs before applying for a loan. Here are […]
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