How to Pay Off Debt Faster As A Single Mom
Being a single mother, paying off debt and taking care of children is not an easy combination to deal with. If you still have a high credit score in spite of your debt, you might be able to reap the benefits — but the systems in place make it hard to keep a high credit […]
Can You Sue the Credit Reporting Companies Over Mistakes On Your Credit Report?
A few months ago, you received your free credit score report. On it, you noticed mistakes: someone with the same name had accounts in collections, but somehow they were added to your report. The wrong Social Security number was even added to your report. No problem, you thought, as you can fix most of these […]
How to Remove Collections From Your Credit Report
You went through a hard time, and an account went to collections. Now it’s on your credit report. Options such as a goodwill deletion, deletion due to a new collections owner, and paying the collections company for a deletion may allow you to get the collection off your credit report and improve your credit score. […]
Is There An Alternative to Having a Traditional Credit Score and Report From the Credit Bureaus?
Building credit can be a chicken-and-egg scenario: You need credit to build credit. Where does that leave the student who is applying for their first credit card? Millennials with no credit? What about someone with a thin credit history, or who simply lives debt free? Let’s look at alternative credit, and how you can obtain […]
The History of FICO and Credit Scoring Systems: How They Started
Your credit score is important for everything from applying for a credit card to trying to rent an apartment, or getting a loan, borrowing to finance a car, or applying for a mortgage for a home. How did a number representing your ability to pay back a loan become so important? How did it start? […]
How to Read Your Credit Report: A Guide to Getting and Understanding Your Free Credit Report
Credit reports can have a dizzying array of information, especially if this is your first time reading your report. You’re eligible for three reports a year, but what’s on these reports? And is each report different? This guide can help you read your credit report, and understand everything that appears on it. Credit Report vs. […]