Beware Of Credit Repair Agencies
When you’re ready to clean up your credit report, it can be confusing to know where to start. Depending on how bad it is, you may find yourself struggling to figure out whether you need to call the creditors yourself or just ignore it hoping that it’ll go away. Cleaning up your credit report will give you a higher FICO score, so...
Where To Find Your Credit Report For Free
Part of being financially responsible involves staying on top of your credit report. Your report shows you what’s been reported by creditors and should never be taken lightly. It will include everything from missed payments and account balances to charge-offs and credit inquiries. Gaining access to your credit report isn’t as troublesome as it used to be. There are plenty of places...
Why Your Vantage Score Is Just As Important As Your FICO Score
Everyone is pretty familiar with what a FICO credit score is. But there’s a new credit scoring agency in town, and in the next few years it may replace the FICO score all together. What most people don’t understand is that there are many agencies who produce credit scores. FICO is just the most popular one used. But in the past several...
The Sticky Truth About Loan Modifications – Part 1
Have you ever considered getting a loan modification? If so, you’re not alone. Many people who fall behind on their loans are quick to turn to them, hoping they’ll provide some level of relief. But, many soon realize that a loan modification wasn’t quite what they expected. The Amount Owed Won’t Disappear: A common myth behind loan modifications is thinking that the...
2 Ways To Get A Good Credit Score Fast
Need to rebuild your credit? There are several ways to go about improving it. Some are obvious, some not as obvious. Here are two in particular that most people aren’t aware of: Go to a bank or credit union and get a prepaid credit card. This is where you give them $300 of your own money up front and they give you...