What you will see in a credit report

Here is a list of what you will see on a credit report: Accounts/Trade lines: This includes credit cards, auto loans, mortgages, real estate, installment loans and revolving debt like department store cards. The report will include information on the accounts such as the balance, payment history, terms, and account status - such as whether the account was put into bankruptcy, charged off, or repossessed.

By |2020-06-16T19:30:31+00:00February 19th, 2017|Education|0 Comments

The Real Scoop on Credit Counseling

You have probably seen ads on television, the radio, and the internet promoting to “lower your interest rates,” “reduce your monthly payments,” “end collection calls,” and “get you on the road to financial freedom.”

By |2020-06-16T19:21:07+00:00February 18th, 2017|Education|0 Comments

Repairing Your Credit Score

Don’t despair if you find yourself with a less than desirable credit score and credit history. You are human and can make mistakes. It’s natural. The key to this is recognize that your spending habits are out of control, your credit has been damaged, and then vow to never get yourself back in the same situation after you have gotten your credit repaired.

By |2020-06-29T17:15:37+00:00January 18th, 2017|Education|0 Comments

How to Pay off Collections

Collection companies have done a great job over the years of convincing consumers that paying off collections will raise their credit scores. Many are actually surprised to learn that paying off collections will actually lower their credit scores.

By |2020-06-16T19:15:03+00:00December 19th, 2016|Education|0 Comments

Improving a FICO score

Payment History Tips Pay your bills on time. Delinquent payments and collections can have a major negative impact on your FICO® score. If you have missed payments, get current and stay current. The longer you pay your bills on time, the better your credit score.

By |2020-06-16T19:16:20+00:00November 12th, 2016|Education|0 Comments
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