A Summary of the Fair Credit Reporting Act This easy to understand summary of the Federal Fair Credit Reporting Act will explain how to dispute credit information and repair your own credit report.
Recognizing the Signs that You Might Need Credit Counseling If you think that you may have a debt problem, there is help. Credit counselors are trained to help you get out of debt in a very short period of time. Some can even help to make you debt free in as little as 18 months.
Understanding the Process of Credit Counseling Many of us have seen the advertisements on television. "Get out of debt fast!" "We can solve all your credit problems with only one call!" These sound really great but you know that, realistically, one call is not going to solve your credit problems.
Bankruptcy vs. Credit Counseling: What Should I Do? Credit Counseling and bankruptcy are both ways to relieve the stress of debt. However, they are very different and it is important to understand both before making a decision as to which is best for you.
Credit Repair Kit Sound To Good To Be True? It Is. A lot of people have bad credit. It is unfortunate that good people with good intentions are sometimes lured into credit card offers with outrageous interest rates or convinced to buy a new, overpriced car that they cannot afford. Sometimes, it is a stroke of bad luck.
Bad Credit? No Credit? Yeah, Its a Problem. Many companies use the slogan "Bad Credit? No Credit? No Problem!" The truth is that it is in fact a problem and there is no easy way to correct it. It takes a lot of time and effort to obtain credit when you do not have any and even longer to fix bad credit.
Errors on Your Credit Report: What You Should Do There are times when you may be turned down for credit and you do not understand why. According to the Fair Credit Reporting Act you are entitled to a free copy of your credit report if you have been denied credit because of negative items on your credit report within 60 days of the request for credit.
Will Inquiries Lower Your Credit Score? Applying for credit generates an inquiry on your credit report. Inquiries can have negative affects on your credit score. If you did not authorize an inquiry you can take the necessary actions to have it removed from your credit report.
Collection Agency Secrets for Collecting on Bad Debt Is your business holding bad debt? Don't get mad. Collect it! The collection agencies have been getting money back for years. Find out their secrets before your business has to write off another invoice.
Do You Know Whats On Your Credit Report ? If you are planning on borrowing from any kind of financial institution they are going to check out your credit report first. Save yourself from possible embarrassment due to a forgotten debt or credit bureau error, and get a copy of your credit history before the bank does!
Beginners Guide to Credit Everyone has to start somewhere when it comes to credit. This guide will educate the beginner on what they can do to build a solid credit score, and learn good financial habits for life.
Why Does Your Credit Card Rate Keep Going Up? Have your read your credit card contract through completely? Do you know when it is okay for your creditor to raise your interest rates? If you are not sure about how and when your rates can be affected over the life of your contract you should take a few minutes to read your contract thoroughly from beginning to end.
