Tag Archives: Credit Cards

Negative Student Loans

Do you have negative student loans on your credit report? By removing student loan accounts from your credit report, you can increase your credit score and save money on interest rates. Removing negative student loan accounts from your credit history … Continue reading

Posted in Credit Management, Credit Repair, Credit Repair Mistakes, Credit Repair Professional, Credit Repair Services | Tagged , , , , , , , , , , | Leave a comment

Why Collectors Exist

When a debt collector contacts a consumer, it usually indicates that the creditor has not received a payment on the debtor’s outstanding bill for multiple months. Because these payments are typically well past their due dates, the creditor has entered … Continue reading

Posted in Bad Credit or No Credit, Bankruptcy, Budget, Co-signing, Collection Accounts, Credit Cards | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Closing a Card With Available Credit

If you have multiple credit cards, it generally isn’t a great idea to close out a card that has available credit. This is because your overall level of available credit will go down, causing your credit utilization to go up. … Continue reading

Posted in Bankruptcy, Budget, Building Credit, Co-signing, Credit Repair Services, Credit Repair Software, Credit Score, Debt Negotiation, Debt Validation, Divorce and Credit | 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

Your Credit and Revolving Balances

Using Your Balances Properly High revolving balances will hurt your credit scores. Conversely, low balances will help. The extent to which this factor can impact your results is very dramatic. There are certain percentage breakpoints that you can focus on: … Continue reading

Posted in Applying for a Credit Card, Authorized User, Bad Credit or No Credit, Bankruptcy, Building Credit, Co-signing, Credit Repair Professional, Credit Repair Services, Credit Repair Software, Credit Score, Debt Negotiation, Debt Validation | Tagged , , , , , , , , , , , , , , | Leave a comment