Category Archives: Late Payments

Credit Impact of Filing Bankruptcy–

Bankruptcy could keep you from getting new loans Bankruptcy directly impacts your credit score, and your credit score impacts your ability to qualify for any loan, including a car loan. For example, the next time you plan to purchase a … Continue reading

Posted in Bad Credit or No Credit, Bankruptcy, Co-signing, Late Payments, The Credit Market, Validate the Debt | Tagged , , , , , , | Leave a comment

Bankruptcy Could Interfere With JOB Opportunities

Employers are allowed to ask if you have filed for bankruptcy in the past. In their minds, this may be an indicator of whether or not you are a responsible individual. Unfortunately, some employers still review an applicant‚Äôs credit report. … Continue reading

Posted in Bad Credit or No Credit, Bankruptcy, Identity Theft, Improving Credit, Late Payments | Tagged , , , , , , , , , , , , | Leave a comment

Having Exclusively Loans or Exclusively Credit Cards

Many individuals don’t realize that maintaining a mix of credit is important to their overall credit score. In fact, mix of credit makes up 10% of your credit rating. For this reason, it’s a bad idea to only have credit … Continue reading

Posted in Bad Credit or No Credit, Bankruptcy, Budget, Building Credit, Credit Repair Software, Credit Score, Debt Negotiation, Debt Validation, Divorce and Credit, Late Payments, Lending, Understanding Your FICO Score, Validate the Debt, VantageScore | Tagged , , , , , , , , , , | Leave a comment

Things That Do No Damage Your Credit!! Yahoo

If you pay child support and/or alimony, you won’t be putting your credit score on the line unless your payments become delinquent to the point where a collections agency becomes involved. So long as you’re making the minimum payments on … Continue reading

Posted in Bad Credit or No Credit, Building Credit, Co-signing, Credit Management, Credit Repair, Credit Repair Mistakes, Credit Repair Professional, Credit Repair Services, Credit Repair Software, Credit Score, Foreclosure, Inquiries, Late Payments, Lending, The Credit Market, Understanding Your FICO Score, Validate the Debt | Tagged , , , , , , , , , , , | Leave a comment

Checking Your Credit Score

For some reason, many individuals have the misconception that checking your credit score will automatically lower it. This is not true. As long as you use a legitimate and reputable source to check your credit rating, such as AnnualCreditReport.com, one … Continue reading

Posted in Applying for a Credit Card, Authorized User, Budget, Building Credit, Co-signing, Late Payments, Your Rights | Tagged , , , , , , , , , | Leave a comment