Not too long ago, I switched to a different Internet providers. When I called to set up my account, the customer service rep asked for my Social Security number. I asked why it was needed, and he told me that they would be checking my credit. “Is this going to be a hard pull?” I … Read moreThe Difference Between Hard Pull and Soft Pull Credit Inquiries
One of the many myths surrounding bankruptcy is the idea that you will not be able to repair the damage to your credit rating. While bankruptcy is the single worst thing you can do to your credit, it is not a life sentence. There are ways to repair the damage and get your finances healthy … Read moreHow to Reestablish Your Credit After Bankruptcy
Your credit score is one of the most important figures associated with your finances. And you have likely heard the television and radio commercials touting that you have three credit scores. However, you actually have more than just three credit scores. There are a many ways to calculate your credit score based on what type … Read moreDifferent Types of Credit Scores: FICO, FAKO, and Enhanced
The American public is inundated with advertisements to help you increase your credit score, get your credit score, or track your credit score over a period of time. Knowing your credit score is very important for specific financial decisions in your life such as qualifying for a home mortgage or buying a car with a … Read moreShould You Pay to Track Your Credit Score?
As you have probably heard, the fastest growing crime in the U.S. is identity theft. One of the ways that this is carried out is when someone uses your personal information, including your Social Security number, to open a credit account in your name. This can affect your ability to open your own credit account, … Read moreGet a Credit Freeze to Avoid Identity Theft
In the credit card world, scam operators are taking money from innocent customers without adding value, misrepresenting claims and simply performing shoddy service. Fortunately, customers have an avenue to complain and the FTC has also taken pretty tough actions. Below are some examples of the actions that the FTC has taken against some shady companies. … Read moreHow to Avoid Credit Card and Credit Repair Scams
One of the most important aspects of your finances is your credit history. A good credit history can save you money on the interest you pay for loans as well as influence other aspects of your financial life. Your credit history isn’t just about getting a good deal on your next loan. It can also … Read moreHow to Build a Good Credit History
When you open a credit card account there are a variety of new concerns presented. How are you going to protect that precious piece of plastic from theft along with your identity? How can you monitor the effect this card has on your credit? Lucky for you, credit card companies have it all covered. Obtaining … Read moreAre Credit Monitoring and Identity Theft Protection Worth the Cost?
We hear a lot about how important it is to have a good credit rating. Indeed, we are often told that having a good credit is important, but we aren’t told why. For those who prefer to use money they already have, and do not want to be involved with credit, a good credit rating … Read moreWhy a Good Credit Rating is Important Even if You Don’t Use Credit
The Associated Press reports a new finding by FICO, Inc. that 25.5 percent of consumers, or nearly 43.4 million people, currently have a credit score of 599 or less. With a quarter of the nation suffering from credit card debt and poor credit scores, it’s obvious that many are not aware of the number of … Read moreAre You Aware of the Most Common Credit Threats?