Bad credit is detrimental to your financial standing in many ways. A low credit rating can mean getting credit cards and other credit lines at exorbitant interest rates and low limits. If…
Personal and business bankruptcy filings rose 10 percent in the twelve-month period ending June 30, 2023, compared with the previous year. Non-business bankruptcy filings rose 9.5 percent to 403,000, compared with 367,886…
If you're looking to buy a home, a car, or even take up a personal loan but have a less-than-optimal credit score you'll need to understand your credit rating, learn how it…
Credit inquiries refer to requests made by businesses to check on your credit. They are made to credit bureaus and the record becomes part of your credit report. According to FICO, these…
Understanding Your Credit Score If you're trying to perfect your credit score, it's important to first understand what makes up your credit report and credit score. Your credit score is determined by…
The Fair Credit Reporting Act (FCRA) was passed to assure the privacy, accuracy, and best use of each American’s credit information. Specifically, Credit Reporting Agencies (CRA), collectors, and lenders are cautioned against…