Applying for credit cards is the same as applying for a loan, and as such should not be taken lightly. Banks will run a credit check and analyze your credit history before issuing you any kind of card. Here are a few simple things you can do, in order to ease the process of applying  … Read more

Whether you’re applying for a new loan or credit card, it’s vital to do whatever you can to increase your chances of achieving new credit. Furthermore, you also want to ensure that your current profile is strong so that you are offered favorable interest rates. Simple mistakes will not only spoil your chances of getting  … Read more

Aside from keeping you on top of your credit score, one of the main reasons to check your credit report on an annual basis is to ensure its accuracy – but what do you do when there’s a mistake? An error on your credit report can be as damaging as larger amounts of credit debt,  … Read more

When was the last time you actually read all of that small print when you opened your last credit card account? Chances are that you haven’t. Despite all the financial and legal freedoms we sign over to our creditors, few people truly understand their rights. Whether you’re dealing with bad credit or debt negotiation with  … Read more

A recent study by the Federal Trade Commission reveals that approximately 25 percent of consumers have identified errors on their credit reports, which in turn negatively impacts their credit scores. Damaged credit scores result in higher interest rates, fees, and paying more in general. This eye-opening study reveals why it’s more important than ever for  … Read more

Every year millions of Americans request their credit reports, yet very few know exactly what to look for. When you receive your credit report, it’s important to also view it from the eyes of employers, lenders, and other financial leaders. Knowing exactly what to look for on your credit report will help you ensure that  … Read more

Missing a payment or overwhelming your credit card with charges are obvious ways to hurt your credit score, but there are some surprising credit score factors as well. Whether you’re looking to improve your credit or are trying to safeguard yourself from credit debt, keeping these factors in mind will keep your financial profile safe.  … Read more

Even after seeking a loan modification or professional guidance, a home foreclosure sometimes becomes unavoidable. Whether you’re working to avoid a foreclosure or have recently experienced one, it’s important to understand how it impacts your credit score. Unfortunately, credit bureaus are often uncommunicative about exactly how mortgage delinquencies affect credit scores and history, so the  … Read more

When applying for a credit card, it is important to understand the credit score. Failure to understand how scores work can lead to debt negotiation. Understanding the application process is just the first step in an overall healthier attitude towards credit. Knowing how scores work will help you maintain and keep your credit vibrant for  … Read more

The free annual credit report. You might be surprised to learn that a large percentage of people never even take advantage of this opportunity. Besides being silently unaware of fraud or inaccuracies, not checking your credit report could be holding you back from financial freedom. Keep An Eye Out Many people think their credit report  … Read more