Credit History

Credit Score FAQs – Expert’s Answers

What is a Credit Score? A credit score comes in numerical form, the number is a summary of your historical credit information as reflected on your credit report. The number shows your ability or inability to meet up with a loan or other forms of credit obligations in the future.

I Need to Dispute my Credit Report…Please Help!

If you discover false representations in your credit report, you don’t need to stay silent about it. The laws in several jurisdictions empower consumers to dispute a questionable credit report. The policy of the issuing credit bureau and the laws of the jurisdiction you obtained the credit report would determine the process for disputing a [...]

How Do you Identify a Good Credit Rating?

You certainly know that your credit history spells out the mode of your financial transactions, and also plays a role to determine whether you would get a job or not. So, it is crucial for you to keep an eye on your credit rating and ensure it maintains a commendable status at all times. Now, [...]

Credit History: Credit Building Advice from Experts

Credit building is the road map to credible credit history. The top credit building tips provided in this post are straight from two credit counseling experts. Here’s what these experts has to say; Make your payments on time; put simply, timely payment is your credit score’s highest weighted component – it accounts for nearly 40% [...]

A Lesson to Learn From My Credit Score Story…

Yes, it could happen to anyone… learning from my own woes and how I pulled through can help you a lot when similar situation arises. I thought missing a credit card payment only twice would not mean much… however, I was shocked to find out how low my score has sunk the next time I [...]

Credit Card Balance Transfer: Can It Provide Credit Card Debt Relief?

January 23rd, 2012

marymckee

Credit Card Balance Transfer: Can It Provide Credit Card Debt Relief?

First of all, let’s explain what credit card balance transfer is. If you are a credit card holder, and you open another credit card account for the purpose of paying off the old one, this is known as credit card balance transfer. Consequently, the interest and debt is owed to the new credit card company; this company would normally allow a period of grace involving smaller amount interest charges on the balance transferred. You may likely find one or two percent interest, even zero interest. This rate is known as the introductory rate and may linger for about one year or six months following the balance transfer. Oftentimes, the transfer does not require any fee – so, you can leverage the option if you have mailing address and valid social security number.

Credit Score FAQs – Expert’s Answers

January 23rd, 2012

marymckee

What is a Credit Score?

A credit score comes in numerical form, the number is a summary of your historical credit information as reflected on your credit report. The number shows your ability or inability to meet up with a loan or other forms of credit obligations in the future.

How Do I Know If My Credit Rating is Good?

January 14th, 2012

marymckee

How Do I Know If My Credit Rating is Good?

Your credit rating is your bond – whether you would succeed in obtaining loan, getting employment or buying a home would depend largely on your credit score. So, it is very important to know what is considered good credit rating. There are varieties of factors that come into play in determining what a good credit rating is.

Debt Collection: Do You Have a Good Grasp of What it is all About?

January 12th, 2012

marymckee

Debt Collection: Do You Have a Good Grasp of What it is all About?

Our focus here is consumer debt collection. Some people tend to have little grasp of what debt collection is all about. Perhaps, the reason could be due to the complex words used by most online or offline publications in explaining this term. Simply put, consumer debt collection refers to the wide range of strategies that a lender or creditor uses to collect or recover outstanding debts from a debtor.

Credit Monitoring: Keep an Eye on Your Credit and Financial Activities

January 12th, 2012

marymckee

Credit Monitoring: Keep an Eye on Your Credit and Financial Activities

The rate of identity theft has grown leaps and bounds. Every other year, more people join the millions of people who are already victims of identity theft. So, if you are concerned about fraud and identity theft, credit monitoring service would be a great way to keep an eye on your credit and financial activities. The credit monitoring service provider would constantly be on the lookout for signs associated with unauthorized financial activities on your report.