Tag Archives: credit

What is a Charge Off?

When looking at a credit report, many folks will see collections and charge offs. What’s the difference? Simply put, a Charge Off is a term a lender will use when the consumer has not made the contractually agreed payments. The lender has tried repeatedly to contact the consumer for re-payment with no response. So, the […]

Looming Credit Crunch?

By now, many of you may have heard the buzz phrase “Credit Crunch.” This has been reported in the last few weeks on most all media outlets. Just the sound of that phrase is frightening in today’s economic environment. Interest rates are up, the cost of goods and services have risen, and many may see […]

Debt Collection Company Illegal Actions

Why choose a Law Firm for Credit Repair? The fact is, there are many Credit Repair Organizations operating in the US right now. There are many good companies out there that have the best interest for their clients at heart. Then again, there are many who don’t. To be perfectly honest, there is no reason […]

Top 5 Credit Cards of 2023

Whether you are looking to diversify your credit portfolio with a new line of credit or are searching for the best benefits from a lender, credit cards are normally the easiest way to do so. When most consumers begin looking for a new credit card, they are bombarded with multiple offers stating that their card […]

Why You Should Focus On Your Credit Score 

   I remember sitting around a bonfire one cool autumn evening with a few close friends from high school. We had all gone our separate ways after graduation, some of us went to acquire our degrees immediately, others went off to the military and some went to trade schools to prepare themselves for an apprenticeship. […]

Does Unemployment Affect My Credit

Does unemployment affect my credit? Unfortunately job loss is something many American’s experience in their lifetime. The loss of a job means financial hardships, which directly affects our consumer’s credit. Here is what you need to know about how job loss can affect your credit scores. Loss of Savings: Money that was saved for emergency […]

Debt Collector or Scam Caller? How Can You Tell?

who looks at credit

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 […]

4 Ways to Build Credit Without Credit Cards

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 […]

Fact or Fiction? A Look At Hard Inquiries

Whether you are applying for a new credit card or a home loan, hard inquiries are constantly present when attempting to build credit. Although hard inquires are one of the most common items found on a credit report, there is still much mystery surrounding their effect on a credit score. In todays “Fact or Fiction” […]