How to Repair Credit Report and Improve Credit Score.
Thursday, February 4th, 2010With the economic situation the way it is and home values down, many people have found that their once perfect credit is now tainted with late fees, over limit fees, closed accounts, and in the worse situations credit cards and loans that can no longer be paid, along with possibly bankruptcy or even foreclosure. However, [...]
More Borrowers Pay Credit Cards Before Mortgages
Wednesday, February 3rd, 2010It’s exactly the opposite of the norm. Usually cash-strapped Americans during tough economic times will miss credit card payments before they’ll miss mortgage payments.
Welcome to the new world order.
The percentage of borrowers who are delinquent on their mortgages but paying their credit card bills on time is growing, to 6.6 percent in the third quarter [...]
Learn How To Improve Your Credit Report
Wednesday, February 3rd, 2010The most effective way to better your credit report is to manage credit responsibly over time. Clearly the best way to do that is to pay your bills on time every month. It?s very important to live below your means so that you have enough money every month to pay them. None of the tips [...]
Looking for a legit credit repair company?
Tuesday, September 29th, 2009|
kateroth84 wants to know: I’m looking for a legit credit repair company that you pay a minimal fee to use and they contact the companies for you. My credit report does not just have credit cards on there, they also have bills, delinquent bills misc, so it’s not just a credit card company I can [...]
What are some good credit cards for credit repair that AREN’T scams?
Friday, September 25th, 2009|
jacquefromtexas wants to know: I’ve never had a credit card (although my credit sucks) and heard they’re a great way to repair credit. Any tips?
How long after paying off a credit card does it take to reflect on a credit report?
Wednesday, June 24th, 2009|
penny g wants to know: Lets say I have 4 credit cards totalling $3000. I then wrote out 4 checks and paid off each card in full on the same day. How long would I have to wait until my credit report reflected all of these charges paid off?
How can one use their credit cards to invest without the investment qualifying as a cash advance?
Monday, May 11th, 2009|
Michael P wants to know: Everybody knows using a credit card at the ATM or bank will qualify the transaction as a cash advance and cash advances carry a rather high rate. However today I heard a bit on the news;how to make money off of the credit card companies rather than them making it [...]
I transferred two credit cards to a new credit card. How long does it take to officially go through?
Monday, May 11th, 2009|
two_kee_kees wants to know: I did this last week. My new credit card is showing the balances of the others, but the old credit cards are not showing that they’ve been paid.
How long after paying off a credit card does it take to reflect on a credit report?
Saturday, May 9th, 2009|
mastermind wants to know: Lets say I have 4 credit cards totalling $3000. I then wrote out 4 checks and paid off each card in full on the same day. How long would I have to wait until my credit report reflected all of these charges paid off?
What credit cards are out there that don’t charge fees for using them in foreign countries?
Friday, May 8th, 2009|
calstud4life wants to know: I am going out of the United States this upcoming summer for 3 months and would like to have a credit card on me that I will be able to use in Europe without being hit with transaction fees. Does anyone know of a credit card company that issues cards without [...]
How do I establish good credit if I have none?
Friday, May 8th, 2009|
yesisaid wants to know: I’m a student about to graduate from NYU – I’ve applied for credit cards with or without my parents as co-signers and still no luck. I have a job and am trying to get an apartment but no one will take me unless I have good credit. What credit cards (preferably [...]
How can I protect my credit cards from magnets?
Monday, May 4th, 2009|
chelsea wants to know: I recently bought a magnetic card case to carry my credit cards and it seems that the magnet is destroying my credit cards. I had a case exactly like this (same brand, same type) before and the magnets never did this before. Is there anything I can do?
I already wrote the [...]
How to combine credit cards, to pay them off in one lump sum?
Tuesday, April 28th, 2009|
dboyy26 wants to know: I have two credit cards with debt of 7,000 with both cards combined. Is there a way that I can combine those credit cards and lower the payment and pay them in one lump sum? I just want to get rid of these cards so I can move on with my [...]
What impact does closing credit cards have on your credit score?
Sunday, April 26th, 2009|
hydra1970 wants to know: What impact does closing credit cards have on your credit score?
I have a number of credits that I am not using. What impact if any would closing some of these accounts have on my credit score?
Is having a lot of credit cards good or bad for your credit score?
Friday, April 24th, 2009|
achyled wants to know: I’ve heard both… my teacher said having a lot of credit cards will lower my score. But I also read that part of your credit score is based on the formula
how much you owe/ total credit , so in that case having more cards would be better. I have [...]