After doing a bit of research we have found some alarming credit card debt facts that speak the reason why America is in such a heavy debt load. According to TransUnion in 2008, the States that had the highest debt rate because of excess fees was Nevada followed by Mississippi, Utah, and South Dakota. Although [...]
Cleaning up your credit is not an overnight process and could take 30 to 60 days to clean up discrepancies. If you are wondering how it’s professionally done and truly how to clean up your credit and debt history… read more.
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The FICO score comes from the Fair Issac Corporation. They are the creators of the first credit scoring system which came about in 1958. The three credit reporting agencies in the US have their own similar scores to the FICO score, but for the most part, the FICO score is the dominate way used to [...]
I know some people out there are doing everything they can to repair a previously bad credit score. They have started paying all their bills on time, paid off all their credit cards, and have started living a better life financially.
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Besides paying off all your bills (and paying them on time), the easiest thing you can do to maintain a good credit score is by only using a small percentage of your available credit. When some people get in a credit funk, the first thing they do is start closing all of their accounts, which [...]
If you have a charge on your credit card that you want to be taken off, or have a dispute against, it is fine to go ahead and try to get the problem fixed. However, depending on the size of the charge or payment, it is probably easier just to pay it, and take the [...]
If you have went and found out your credit score, but noticed there was in error saying you were making payments, the person you need to talk to is the creditor themselves, rather than the company issuing the report. I order a lot of things using my credit card, and from time to time, I [...]
If you have a common last name (like Johnson or Smith), there is a good chance that your credit score could possibly be confused with someone else. The three companies that you can order a credit report from (that will also contain your credit score) are Equifax, Experian, and Trans Union.
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If you have bad credit, are worried about your credit, or are just wondering how you doing right now, there is one thing that you definitely should be doing to stay on top of your credit. Hint: It is not just about paying your bills on time.
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Whenever I’m out with some new friends, and they see me take out a rewards card, some of them scoff in my face. But, the joke is really on them. Because, even though I pay a pretty hefty annual fee for my rewards card, I take full advantage of the benefits that having the card [...]