Category Archives: Understanding Your FICO Score

Fix Your Credit after Identity Theft

Fix Your Credit after Identity Theft For the most part, technology is a universally beneficial entity. Advances have changed the faces of communication, science, and information. On the opposite end of the spectrum, confidentiality has become more difficult to safeguard. … Continue reading

Posted in Bad Credit or No Credit, Bankruptcy, Budget, Credit Repair Mistakes, Credit Repair Professional, Credit Repair Services, Identity Theft, Interest-Only Loans, The Credit Market, Understanding Your FICO Score | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Bankruptcy filing and credit repair takes time away from work and family

Leading up to your bankruptcy filing, you may have to spend a significant amount of time on the phone negotiating payments and explaining late payments to creditors. You also will probably spend a lot of time going through mail, responding … Continue reading

Posted in Bankruptcy, Building Credit, Co-signing, Collection Accounts, Understanding Your FICO Score | 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

What is a Credit Score?

A credit score is a number that is meant to indicate your ability to pay bills. The FICO score can ranges from 300 to 850, with 850 being the best, and is calculated based on a number of factors on … Continue reading

Posted in Applying for a Credit Card, Bad Credit or No Credit, The Credit Market, Understanding Your FICO Score | Tagged , , , , , , , | Leave a comment