Are those annoying debt collection calls getting to you? If a company believes you owe them a debt, they do legally have the right to contact you to retrieve that debt. However, in just 30 minutes of work, you can get them to never contact you again. Here’s how to get debt collectors of all …
Did you know that it’s possible to remove bad items from your credit report? Any inaccurate item showing up on your credit report that’s damaging your credit can be removed, otherwise you have the right to sue the credit agency.Here’s how to remove bad items from your credit report. 1. Get a Report from All …
You’ve filed bankruptcy and your credit is likely as low as it’s ever been. But it doesn’t have to stay that way. The moment you declare bankruptcy, there are actions you can take to immediately start rebuilding your credit. Here’s how to start improving your credit score right after a bankruptcy event. 1. Do a …
Foreclosure is one of the most harmful things you could have on your credit report. It’s a big commitment that you essentially forfeit out of. As a result, potential lenders who see a foreclosure on your credit report often aren’t willing to lend to you. Consider Doing a Short Sale Try not to let your …
If you have poor credit history, the only way to start establishing a stronger history is to open a credit account and start making on-time payments regularly. Unfortunately, people with poor credit will have a hard time opening a new credit account to start building their credit. That’s where the secured credit card comes in. …
If you have negative items on your credit report, how long does it really take for them to disappear? Knowing how long certain items stay can make a big difference on how you plan to improve your credit in the long run. Here’s everything you need to know about when items disappear from your credit …
Rather than measuring your average utilization rate, FICO chooses to measure your score based on your highest utilization rate.For example, let’s say you have two credit cards. Both of them have a $5,000 limit. One card is maxed out, while another card has a balance of zero.In this case, your maximum utilization rate would be …