Tag Archives: Credit Help

Having Your Account Charged Off

If your credit company begins to believe that you won’t ever pay your credit card bills, they may charge off on your account. This will typically happen if your account is delinquent by six months or more. Essentially, a charge … Continue reading

Posted in Building Credit, Co-signing, Credit Management, Credit Repair, Credit Repair Mistakes, Credit Repair Professional, Credit Repair Services, Uncategorized | 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

Closing Your Oldest Credit Cards

15% of your credit score consists of your credit history. The longer your credit history, the better your credit score will be. Unfortunately, when you close out a credit card, it will no longer have an effect on your overall … Continue reading

Posted in Applying for a Credit Card, Bad Credit or No Credit, Bankruptcy, Budget, Building Credit, Credit Inquiries, Credit Management, Credit Repair, Credit Repair Mistakes, Credit Repair Professional, Credit Repair Services, Credit Repair Software | Tagged , , , , , , , , , , | Leave a comment

Credit Repair for Really Damaged Credit

There are many events that can create the need for credit repair, from the loss of a job to a medical emergency that taps savings and strains an otherwise sound budget. There are also cases of identity theft that, through … Continue reading

Posted in Bad Credit or No Credit, Building Credit, Co-signing, Collection Accounts, Credit Repair, Credit Repair Mistakes, Credit Repair Professional, Credit Repair Services, Credit Repair Software, Credit Score, Debt Negotiation, Debt Validation, The Credit Market | Tagged , , , , , , , , , , , , , , , , , | Leave a comment