Posted on 25 Sep 2014 | 12,801 views
5 Costly Credit Card Mistakes

Let’s face it, there are certain situations in which you need a credit card. For example, at many places it is impossible to rent a car without a credit card. Booking a hotel, renting a car or buying an airline ticket online is virtually impossible without a credit card.

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Credit Repair Letters »

Posted on 1 Oct 2014 | 806 views
Sample Credit Letter for Inaccurately Reported Items After Investigation Request

It’s very common for credit reports to contain errors. Anything from inaccurate late payments to accounts that aren’t yours or maybe even a falsely reported bankruptcy could mistakenly end up on your credit report. Because so many businesses use your credit report to make decisions about you. It’s important that your credit report is accurate.

Fico Scores »

Posted on 1 Oct 2014 | 795 views
5 Ways to Boost Your Credit Score

Fixing your credit score can be very stressful at times and it feels like it’s never ending where the bills keep piling in and it seems like you’re making no progress. While most people tend to just give up and declare Bankruptcy, there are many ways you can fix your credit score and start off where you started when you first grabbed your first Credit Card.

Fico Scores »

Posted on 30 Sep 2014 | 727 views
Creditors are Making Their own Social Media Credit Score and Credit Report System

CoreLogic and FICO partnered last year to offer lenders an alternative credit score for more predictive scoring, which includes data previously not used in credit scoring, from a borrowers cell phone bill, utilities, payday loan activity, to child support judgments, evictions, property tax liens, the status of homeowner’s association dues, whether or not a borrower is underwater on their current home, or whether a borrower owns other properties that credit agencies typically miss.

Credit Repair »

Posted on 29 Sep 2014 | 3,386 views
How to Remove Charge Off’s From Your Credit Report

A “Charge Off” is an accounting term that creditors use when they assume after a period of delinquency that they are not able to collect on a debt that is owed to them. Creditors write that debt off as a loss against their income taxes. Just because a debt is charged off (or written off) does not mean the debt is forgiven. The money is still owed. The creditor will usually sell or assign the debt to a collection agency or a lawyer to effect collection.

Fico Scores »

Posted on 29 Sep 2014 | 648 views
Do This and Don’t do That for Managing Your FICO Score

Few financial figures are as important as a credit scores. The three-digit figure has a major impact on daily life — dictating what consumers can buy, how much credit they can obtain and even where they choose to reside.