Duplicate items can remain on the credit report for sometime
Duplicate items on a credit report can be frustrating for consumers who are trying to maintain or improve their credit scores. Duplicate items can occur when the same account or debt is reported multiple times by a creditor or credit bureau. This can negatively impact a person’s credit score, as it may appear that they […]
How does a Bankruptcy effect the Credit Score?
Bankruptcy is a difficult decision to make, but sometimes it may seem like the only option. When you file for bankruptcy, it will have an impact on your credit score, and it can take some time to recover. Understanding how bankruptcy affects your credit score is important to know before you make the decision to […]
Why are Charge Off accounts found on the Credit Report?
Charge off accounts are a type of delinquent debt that has been deemed unlikely to be collected by the lender. When an account is charged off, it is considered a serious negative mark on your credit report and can severely damage your credit score. In this article, we will discuss charge off accounts in detail, […]
How many Credit Reporting Companies are there?
Credit reporting companies, also known as credit bureaus, are responsible for collecting and maintaining credit data for individuals and businesses. There are three major credit bureaus in the United States: Equifax, Experian, and TransUnion. In this article, we will explore these credit bureaus, their locations, and the services they offer. Equifax offers a variety of […]
Medical Collections, do they remain on the credit report?
When it comes to credit reports, many people are concerned about medical collections and their impact on their credit score. Medical debt is a common issue, and it’s not unusual for medical bills to end up in collections. In this article, we’ll discuss the basics of medical collections and how they impact your credit report. […]
Middle Credit Scores and First Time Buyers – What to know
For many first-time buyers, obtaining a mortgage can be a daunting task. One factor that can significantly impact your ability to get approved for a mortgage is your credit score. In this article, we’ll discuss the importance of credit scores for first-time buyers and provide tips on how to improve your credit score to increase […]
Refinancing with Low Credit Scores
Refinancing can be an excellent way to save money on monthly payments or reduce the term of a loan. However, refinancing with low credit scores can be challenging. In this article, we will discuss the impact of low credit scores on refinancing and provide tips on how to improve your chances of getting approved for […]
Low Credit Scores and High Interest Credit Cards
Low credit scores can make it challenging to obtain credit cards with low interest rates. As a result, many individuals with low credit scores may turn to high interest credit cards to meet their financial needs. However, high interest credit cards can exacerbate credit issues and lead to a cycle of debt. In this article, […]
Applying for a Job while having bad credit scores
Applying for a job can be a daunting process, especially if you have bad credit scores. Many employers use credit checks as a way to assess a job applicant’s financial responsibility and trustworthiness. Unfortunately, having bad credit scores can create a negative impression on potential employers, leading to concerns about your reliability and suitability for […]
What happens when you apply for home or auto Insurance with a low credit score?
Applying for insurance can be a confusing and stressful process, especially if you have bad credit scores. Insurance companies use credit scores to determine your likelihood of filing a claim and your ability to pay your premiums on time. A low credit score can result in higher insurance premiums or even a denial of coverage. […]