Getting Mistakes Fixed on Your Credit Report Just Got Easier
What would you do if you found out your credit score had suddenly dropped for no apparent reason? You’d probably check your credit report looking for mistakes, and if you found one, you’d dispute the error, of course. Before, complainants would submit their paperwork to the credit reporting company, which would assign […]
Employers Cannot Check Your Credit Score
Your three-digit credit score is a go-to indication of your trustworthiness that banks, credit card issuers, and car dealerships all use to help predict the likelihood of you repaying a loan. This myth is so pervasive for two reasons: 1. People Are Using “credit Score” And “credit Report” Interchangeably. 2. Employers […]
4 Ways to Ruin Your Credit
You applied for a new credit card, and you were approved! After all, there is must be something you need or want. However, if you are not careful, your spending ways can damage or even ruin your credit. Here are 4 ways you can ruin your credit so that you can avoid […]
Is Your Credit History Keeping You from a Job?
A new study indicates that some Americans find it difficult to get jobs due to the information contained in their credit reports. CNN Money reports that a study conducted by the Demos think-tank suggests that about 25% of Americans are required to submit to a credit check when applying for a job, and […]
Non-Credit Ways Your Credit Score Matters
By now, most of us know that a credit score matters when youre looking for a loan. If you want approval for a mortgage, or the best rate on a car loan, you need a good credit score. But, if youre not planning to borrow, your credit score doesnt matter, right? A credit […]
How to Improve Your Credit Score in 5 Simple Steps
If someone offered you free coupons for all the biggest purchases youll make in your life, saving you loads of cash, would you take it? Why then, do so many Americans neglect their credit score? Having a good credit score is like having the worlds best coupon book for all of lifes […]
Fear of Credit Reports
Whenever we face a potentially threatening situation, our first and most basic choice is whether to face up to the problem, or push it out of our mind. In principle, everyone believes in confronting problems, but in practice we avoid them all the time. We don’t do so because we’re crazy, we do […]
What the Heck is Credit Utilization?
Everyone probably knows what a credit score is, but most have no idea why they have the score they do. Its pretty intuitive that if you dont pay your bills on time or find yourself in bankruptcy, foreclosure, or in other serious default with your creditors, your credit score will plummet. However, […]