Entries by Credit Law Center

Credit Building Without Credit Cards│3 Ways To Build Your Fico

Building Up Your Fico Understanding and building credit in a positive way takes discipline and some education. Do you recall being taught in school, how to build your credit scores? Did your teachers let you know how big of a role credit would play in your life as you got older? Honestly, it is probably likely that even while going through the process of applying for a credit card or car loan, you were still…

Credit Cards With High Balances and Interest Rates│Transfer Options

Credit Card Debt & Balance Transfers Where is your credit card debt currently at? Are you making minimum payments that don’t make a dent once your interest rates kicked in? It may be time to weigh a different option now that you are hoping to make some headway on your current debts. Your Balances and Interest Rates While it is always important to take into consideration the best options for you and your financial situation,…

Credit Scores Dropping Quickly│How Can I Recover?

Credit Scores Dropping Have you noticed a random decrease in your credit scores recently? There are many factors that can cause your credit scores to fluctuate. Many consumers do not understand that a credit score has no memory and can change immediately due to activity or changes that can happen as soon as you make a payment or use a credit card. Can I recover from a drop? Do not panic. Your scores really do…

Credit Scores Across States│Where Do You Rank?

Battle of the States Have you ever wondered what part of the United States has the best/worst credit scores? It may come as a surprise to you but, the highest scoring state, Minnesota has an average credit score of 709. What may come as even more of a shock is that yes, they do have credit cards! On average, folks in Minnesota have 2.9 credit cards with an average balance of $5,911. You read that…

High Utility Bills & High Temperatures│5 Ideas for Smart Summer Savings

5 Ideas for Smart Summer Savings The first day of Summer officially arrived although it seems we have skipped most of Spring this year!  Have you noticed your bills are much higher than the previous Summer? It’s no surprise that while the days are longer and hotter, utility bills are headed on up too. We don’t expect that anyone would choose to sit inside with the air off, so with that, we have a list…

Constant Calls From Debt Collectors│Illegal Practices vs Scam Callers

How To Deal With Debt Collectors I have recently been receiving strange calls from someone trying to collect money from me, what do I do? As a consumer, it is important to be educated about the process by which an actual collection agency attempts to collect debts as opposed to scam callers asking you to meet them at the nearest CVS with no real explanation and for a large sum of money. It is not…

Lower Interest Rates & Better Credit Scores│Real Results With Credit Law Center

Increased Credit Scores by 100 Points At Credit Law Center we love hearing success stories from past clients. One client shares how Credit Law Center helped her family save money and increase their scores. What brought you to Credit Law Center? I was online one day and was looking at homes. A lender reached out to me and we started talking about purchasing a home. She pulled my credit scores and we had some past…

Credit Scores Impacted By Timeshares│Buyer Beware

Impact of Timeshares on Credit Reports A timeshare can be something that affects your credit scores. When thinking about purchasing a timeshare, consider it to be as vital and possibly as damaging as a mortgage to your credit report. There are many variables that come into purchasing a timeshare. If your family is tossing around the idea, examine these factors prior to signing: Know the Association Fees What the payments look like What happens if…

Free Credit Reports For Active Duty Military│Salute To Service

A Step in the Right Direction Potential new changes in the credit world can seem to be irrelevant and often times have little to no impact (or so it seems) for the consumers. There are many changes on the horizon that will take effect just one year after President Trump signs a new bill. Congress has passed the Economic Growth, Regulatory Relief, and Consumer Protection Act. This bill has an impact in the credit world…

Change In Credit Scores -June 8th │ What’s Happening Now

All Credit Reports Must Change! All credit reports must change! In response to the New York Attorney General coming out with a settlement, the Credit Reporting Agencies are going through a laundry list of changes. These phases have been implemented over the last few years and phase three is now taking place. There will be changes again and with more changes and rules, come more mistakes. Continue to stay up to date and educated on…