Maintaining a high credit score is the best way to get what you want or need without having the cash immediately available. If we're honest with ourselves, there have been times when we've all wanted something we couldn't actually afford to purchase outright. This is where...
You haven't checked your credit score in a while, and you have finally decide to do it. To your horror, it is much lower than you anticipated. In previous years you would have been much less concerned, “I’ve got time to build my credit” you...
According to the most recent federal consumer finance reports, 2.5 million auto loans were originated in the United States in March 2017. That’s $53.8 billion dollars in new loans, a 3.4% increase in year-over-year auto loan originations. Accounts on your credit report fall into six major...
Surely we've all been in situations where we apply for credit hoping to be approved but are curved by the words, "You'll get a letter in the mail detailing the outcome of your application." How reliable is the credit scoring system anyway? Credit scoring systems...
Establishing healthy credit is attainable for everyone who desires to have it. Credit repair is an economically intelligent decision because your credit report affects everything from loans and insurance to employ-ability. Whether the blemishes on your credit report are due to inaccurate reporting or negligence...
When a person borrows money, the lender earns money by charging a fee. The cost of borrowing this money is known as an interest rate. Each interest rate is typically expressed as a percentage of the total amount of money borrowed. Over time, the lender...
Good credit is the economic reward of good stewardship. Borrow…repay…repeat. It is this very cycle that boosts credit scores into the 800’s (did you even know FICO scores could go that high?). While you may have heard about the sky scraping credit scores of others, there is...
If you’re reading this article, chances are that at one point or another you’ve been on the receiving end of incessant collections calls, harassing mail correspondence, threats of repossession or even wage garnishments and levies. It’s a terrible feeling to know that you’re in trouble...
The world we live in relies on credit. Therefore, having poor credit can quickly make life exceptionally challenging. High profile and high paying employers often refuse candidates who fail to meet credit screening requirements. Banks resist offering loans and financing to individuals with poor credit...
