Common Credit Score Myths
Gary Gresham asked: A lot of credit score myths about fico score ratings get spread around and some of them are just outdated information. Sometimes even lenders can give you the wrong advice and it can get confusing. But the bottom line is bad information can cost you money no matter who you get it [...]
Credit Repair Law Firm
Johnny Tebowr asked: A credit repair law firm is a great resource for those individuals who have damaged and negligent credit files and bad credit reports on their record. Credit restoration companies specialize in negotiating with creditors, repairing the effects of erroneously reported information on the credit file, and helping you rebuild your borrowing history [...]
Credit Crunch USA
Abid Hussain asked: One of the growing concerns of the US economy in today’s scenario is the problem of credit crunch. Credit crunch is a term which is used to refer to the period of time when loans become difficult to obtain. What this essentially means is that where a majority of the loan applications [...]
Credit Cards For Bad Credit Applications
Joseph Kenny asked: If you have bad credit, you may be under the impression that you are not able to apply for a credit card. While it is true that you may be rejected from getting certain credit cards or loans, there are options available for those who have bad credit. Since a sizeable percentage [...]
Credit Repair – Understanding Charge Offs
Chane Steiner asked: “Charge off” is an accounting term that creditors use when they assume after a period of delinquency that they are not able to collect on a debt that is owed to them. Creditors write that debt off as a loss against their income taxes. Just because a debt is charged off (or [...]
What Is A FICO Score?
Tim Gorman asked: Your FICO score or credit score as it’s commonly called is a very important calculation that can control whether or not you are eligible to receive credit and if eligible the terms you can receive credit under. Failure to understand the impact this score can have on you future purchasing power and [...]