Purchase Seasoned Trade Lines of Credit

A positive credit history is built upon having at least three active aged trade lines. Therefore adding these to your credit profile has become big business. It requires speedy service. So people who want to enjoy lower interest rates and get approved for loans, mortgages and credit cards more easily are seeking out seasoned trade [...]

National Credit Report Free

Your credit score is how retailers and banks determine the rates of interest they will allow you to apply for and if they will allow you to apply at all. Checking your credit once a year may not be enough. Once every twelve months, you can exercise the right to obtain your credit score and [...]

Scale Credit Score

A good credit score is essential in today’s society. When you pay your bills on time, companies are informed that you are are good financial risk and are more willing to do business with you. It is surprising how often this information is used. From opening a bank account to employment opportunities to renting an [...]

FICO Credit Score Definition

FICO Credit Score Explained
It is a common misconception that you will be approved for a car loan as long as you have a good job so that you can afford the payments and if you have money for a down payment. Automobile finance companies and other lenders consider other factors when deciding whether or [...]

Online Credit Report: What You Don’t Know CAN Hurt You

Getting a copy of your online credit report is the first step in taking responsibility for your personal financial circumstances. Whenever you apply for a loan, mortgage or student credit card the lender will do a hard or soft inquiry with one of the three credit bureaus: Equifax, Trans Union or Experion. They [...]

How Highlimit Credit Cards Boost Your Credit Score

It’s true; highlimit credit cards can boost your credit score!
There are more reasons to get a highlimit credit card than simply being able to rack up a ridiculous amount of debt. In fact the limit of your credit card can have a significant impact on your average fico score. This is because the [...]

Don’t Settle for an Average FICO Score

Are you spending more than you are making and tired of keeping up with all your payments? You are not alone. It is a fact of life that most of us want immediate gratification and make purchases in excess of the funds we have in our checking accounts. Buying on credit is the way most [...]

Collection Agencies

Collection agencies are businesses that collect past-due bills and accounts receivable for other persons or businesses in exchange for a fee.  Collection agencies are referred to as third party agencies since they are not a part of the original contract between the merchant and the customer.  Debt collection agencies are utilized for collection of debt, [...]

The Difference Between Hard and Soft Inquiries

There have been numerous questions regarding the impact of credit bureau inquiries on your credit score. Let me set the record straight.
Inquiries can be broken down into two types: hard inquiries and soft inquiries. Hard inquiries are made when you apply for a loan, mortgage or any other credit. [...]

Low FICO Score? The Sooner You Know the Better

Improving your FICO score can help you get lower interest rates. In fact the FICO score is the most important factor lenders use to anticipate how you will repay a loan. FICO is an acronym for the creators of the score, Fair Isaac Credit Organization. “FICO” has became [...]

I Discovered How To Beat Identity Theft…Now I’m Revealing My Secrets!

Identity theft occurs when someone uses your personal information commit fraud.
You may not find out about the identity theft until you review your credit report or a credit card statement and notice charges you didn’t make. Sometimes you are contacted by a collection department, demanding payment for items you never bought. When the thieves use [...]

Apply for a Secured Credit Card and Improve Your Credit Score

We spoke last time about using credit cards to build your credit score. However if you do not have a credit score or if you have bad credit, it may be difficult to obtain a credit card to begin with. This is where a secured credit card can help.
A secured credit card is [...]

How to Use Credit Cards to Boost Your Credit Score

A high credit score is very important when you want to borrow money at the lowest interest rates possible. But how do you get there from no credit history or begin to fix bad credit. The answer is fairly simple and of course involves our friend the credit card.
The secret to raising your credit score [...]