Florida Debt Collection Laws: Simplified Debt isn’t uncommon, and many people can remedy the effect it has on their credit score through a company like the Phenix Group that helps with credit repair in Miami Beach. But while we’re settling what we owe, many of us might find ourselves on the radar of creditors and debt […]

However, you still need to know how to rebuild your credit score fast if you have ever missed a couple of payments. If you’re in this position, you probably also need to determine whether you need a credit card to build credit. You can also find different rates online depending on the mortgage program you are looking for. […]

For those who don’t want or can’t get a credit card, it’s a good idea to know how to rebuild credit without a credit card. Most financial experts state that credit cards can be pretty useful, but just because you can doesn’t necessarily mean that you should. How Credit Cards Help There is no denying you […]

This is crucial when someone is trying to understand how to rebuild credit after Chapter 7.  What Maxing Out Your Credit Card Really Means Every credit card has a specific credit limit that sets the maximum amount of money a borrower has access to. Maxing out a card happens when you use the entire amount and […]

If there are any errors or incorrect data on your report, you will have to remedy the situation as quickly as possible–this is also one of the basic principles of how to rebuild your credit score fast.  One of the best ways to ensure that your credit report is in good order is to call your […]

How Navy Federal Files Its Credit Reports Once you ask to join Navy Federal, the credit union will request a copy of your credit report from one or more of the main credit bureaus. Navy Federal will then use this information to determine your creditworthiness, which will impact your credit limit. You can also acquaint […]

You may be trying to figure out how to rebuild credit after debt settlement and how closing a checking account will be viewed by creditors. So, what is the truth?  Each Situation Is Different Closing a checking account can impact your credit score, though the specific effect will depend on your financial situation. No Significant Impact If […]

This information may be helpful if you want to know how to build credit after car repossession. If the potential lender uses all three services, it will most likely use the middle score from the three credit reports. So, if your Experian score is 690, your TransUnion score is 710, and your Equifax score is 720, […]

 Look at some other options on how to rebuild credit without a credit card. How to Build Your Credit Using Debit Cards If you’re looking to build your credit but don’t want to take on the risk of using a credit card, you can do so by using a debit card. Here’s how: Use Your Debit […]

This post will show you how to find out which collection agency is after you and how to build credit after delinquency. How to Determine the Collection Agency Owning Your Debt 1. Check Your Credit Report Most collection agencies will report their account to the credit bureaus, so checking your credit report is a good way […]

A credit dispute letter that works will have the necessary details, plus adequate supplementary information to back your claim. You can do this on your own, but it’s best to seek help from a Chicago credit repair consultant like The Phenix Group to ensure that you’re doing it right. What Is a Credit Dispute Letter? A credit […]

 In this post, we will discuss some of the things that can cause your credit score to go down; we’ll also provide tips on how to rebuild your credit score. Reasons Why Your Credit Score May Drop Your credit score is a number that reflects the risk you pose to lenders. It’s used by financial institutions […]

Below, we’ll tackle the murky world of credit reports, credit reporting bureaus, and look at how one agency may differ from another. We’ll also discuss how to rebuild credit scores fast. What Exactly Is a Credit Reporting Bureau? In the United States, just three corporations hold the keys to whether or not you are approved for […]

Today, we’ll be discussing how credit reports work, who reports to them, and how often banks such as Capital One report to them. We’ll also talk about how to rebuild credit after collections and other negative items have appeared on your credit report. What Is a Credit Report, and How Do They Work? For most Americans, credit […]

which credit card to pay off first because you don’t have enough money to pay your debts each month while leaving enough for yourself to live. Then, the calls and letters start–at first, just a few, and then a flood, and soon, you’re getting legal notices from creditors that want to take you to court.  Sound […]

In today’s article, we’ll discuss which card to pay off first, how credit cards affect your credit score, and how to rebuild your credit score fast. How Does Credit Card Debt Work? In the world of credit reports, credit cards are what is known as “revolving debt.” This means the account is constantly open and available […]

Let’s take a look at what collections can mean for your credit score and how to rebuild your credit score by utilizing credit repair agencies.  What Is a Credit Score? In the United States, there are three credit reporting bureaus that effectively control whether or not you are approved for a loan. They are Equifax, Experian, and […]

We’ll also explore ways to potentially have a foreclosure removed from a credit report if it is erroneous or the loan was obtained through false pretenses–this can be done by utilizing the help of credit repair companies in Austin, Texas, like The Phenix Group. What Is a Foreclosure? Before we fully explain a foreclosure, it’s important […]

In this article, we’ll provide a general overview of how credit cards work, as well as explain how cash advance credit card debt varies. We’ll explain how credit repair companies in Austin, Texas can be used to correct errors that may be weighing down your credit score or help you understand how to remove student loans from your […]

Student loans are subject to specific federal rules and regulations that can impact your overall creditworthiness–here’s a look at how student loans can affect your credit, and when it may be time to get help from companies offering credit repair in Austin, Texas to help you through the process. Loan Deferment and Forbearance Contrary to popular belief, […]

Of course, you can look for help from companies offering credit repair in Austin, Texas, if you need guidance finding ways to delete late payments and boost your credit score. There are a variety of factors that go into your credit score, including: However, of all of those, payment history is the number one factor that affects […]

In this post, we’ll go over how divorce can impact credit scores, how you can repair it, and if you should look for the help of credit repair companies in Austin, Texas. How Divorce Impacts Your Credit Score The fact that you’re divorced doesn’t directly impact your credit score or credit results, but the financial issues […]

Furthermore, there are ways to reduce your upfront costs–let’s look at ways you can reduce the total cost of a loan and how you can improve your credit profile by using credit repair companies in Austin, Texas. How Interest Rates Affect the Total Loan Cost Let’s say you’ve borrowed $10,000 from the bank at a 4% […]

This article will provide a picture of the Austin home market, what kind of credit score you might need to get a place you’ll love, and how you can get help from credit repair in Austin, Texas if you need it. Current Housing Market in Austin Since the end of the pandemic, real estate prices have soared […]

 Despite VantageScore and other models edging their way into the market, FICO continues to be the forerunner in the credit rating industry since it created the scoring system. FICO stands for the Fair, Isaac, and Company; it was founded in 1956 in San Jose, California and quickly gained traction after pitching several lenders its scoring […]

Understanding the Risk Imagine working hard, building a reputation, and suddenly stumbling upon a Facebook page where someone is pretending to be you (and selling the same services as you). Here are the worst possible (and often reported) developments in this scenario: If you haven’t experienced something similar yet, you might wonder: how on earth […]

If you’re wondering how to rebuild credit after collections, you might be interested in learning what a collections agency is. A collections agency or a debt collection agency is a third party that collects unpaid or long-due loans from borrowers. A lender or a creditor may hire such an agency after they’ve made multiple attempts to recover […]

The Similarities There are only two solid similarities between Equifax and TransUnion. These are: both are nationwide consumer reporting agencies, and both get information from creditors. These similarities set them apart from Experian, a global information services company that acquires data from public records and direct sources. The Differences The following are the differences between […]

If you need more help, you can look into credit repair in Austin, Texas. What Credit Score Do You Need To Lease a Car? The advantages of leasing a car versus buying one outright are that you generally get lower monthly payments. Some experts say you can get anywhere from 30% to 60% lower payments versus […]

How Fast Can You Build Your Credit? A credit score takes time to build and improve. While you can’t transform your score overnight, you can see dramatic improvement with steady and consistent efforts. If starting from zero, you can expect to build a decent credit score in six months.  For the major credit scoring companies […]

As most credit repair companies in Austin, Texas will tell you, both of these aspects are crucial in the mortgage application. Basic Concepts of Pre-Qualified and Pre-Approved Some people use pre-qualify and pre-approved interchangeably. Even though this may go unnoticed in some circles, anyone familiar with the real estate market knows that they are different in several […]

One great option for fixing your credit is to contact a credit repair service in Austin, Texas. It’s important to remember that collectors are trained to be persistent and can therefore make your life miserable, and that collection accounts can negatively impact your score. With such issues in mind, you should do your best and take […]

When it comes to credit repair in Austin, Texas, Pay for Delete is one option that has been brought into the limelight over the last couple of years. However, for most individuals, the question that still lingers in their minds is how the option works and whether it is advisable to pursue it. According to financial […]

Maybe you’ve looked at your phone and wondered, “what is Midland Funding?” only to discover you’ve been contacted by a debt collector. Perhaps you missed a payment, maybe a bill went to the wrong address and didn’t get paid, or maybe it’s a complete mistake. The fact is that no one likes getting a call […]

Even though one can go over their credit limit in certain instances, most of the reputable credit repair services in Austin, Texas will tell you that it is not a wise move–especially if you want to build up and preserve your credit score. This is because exceeding your credit limit can negatively impact your credit utilization ratio, […]

If need be, you can always consult a credit repair company in Austin, Texas to better understand the concept.  How Do Hard Inquiries Affect Borrowers? There are many factors associated with your overall credit score. This includes the new credit accounts that are opened such as new loans or credit cards, the amount you currently owe, and […]

For example, for those living in Texas, you will need to know who the best credit repair services in Dallas, Texas are if you want to get fair representation, or when understanding whether or not banks help with credit repair in your state. State Laws That Regulate Credit Repair Many states stipulate that credit repair firms need to have […]

In this article, we’ll explore the components of a credit repair agreement, as well as what a 609 credit repair entails.  Components of a Credit Repair Agreement A credit repair agreement is a contract between a client and a credit repair company. According to the Credit Repair Organizations Act (CROA), credit repair companies must provide a credit […]

In this article, we’ll dive into the benefits of 609 credit repair in Dallas, Texas.  What Is Section 609 of the Fair Credit Reporting Act?  Section 609 is a section of the Fair Credit Reporting Act, a federal law protecting consumers from unfair credit and collection practices. It states that every consumer agency is obliged by […]

Local credit repair companies also use such software to organize their clients’ issues so they can provide the best credit repair in Dallas, Texas.  Think of credit repair software as the middle option between doing credit repair on your own and hiring the services of a credit repair company. While you can do credit repair independently, […]

The question is, does this concept also apply to credit cards? Most good credit repair companies in Dallas will tell you that this is the case–paying off credit card debt is a good thing that offers a number of benefits. What It Means To Pay Your Credit Card Early Paying your credit card on time means making […]

Any good credit repair company in Dallas, Texas will tell you as much. This is because even though maintaining a low credit utilization ratio is good, having too many credit cards can damage your credit score. If your credit cards also happen to have zero balances for several years due to inactivity, your credit card provider may […]

We’ll also look at how the best credit repair in Dallas, Texas can help you get back on your feet and assist you in getting approved for the loans you need.  What Is a Credit Report? If you’ve ever opened an account with a financial institution for a loan such as a car loan, credit card, or […]

Any good Dallas credit repair company will tell you that lawyer fees for debt settlement and credit repair depend on the nature of your case. There are many factors that can play a role in legal costs when a lawyer negotiates with creditors on your behalf. In most cases, how much a lawyer will charge depends on: […]

You may not be aware, especially if you are unfamiliar with credit repair companies in Austin, Texas or debt collection firms. Still, Midland could have bought an old debt of yours or that of your family member from a cell phone company, credit card firm, or other lending institutions. Sometimes, you may receive a letter from the […]

Credit repair can take as little as thirty days or as long as six months, depending on the condition of your credit history. This article will show how fast credit repair can work, especially when you get help from a Dallas credit repair company.    What Is a Dallas Credit Repair Company? A Dallas credit repair company […]

If you are familiar with the credit and lending world, or have dealt with credit repair companies in Austin, Texas, then you have probably heard of Ad Astra Recovery Services. Ad Astra is a certified debt collection agency that has been in operation since 2007, with headquarters in Wichita, Kansas. In some cases, the agency can […]

However, in this situation, you can also consider a voluntary repossession or voluntary surrender meaning you contact your dealership or lender and return the property. Either way, your credit will take a hit, but with an involuntary repossession, you might need credit repair services in Dallas, Texas to recover. You can avoid a major financial hit by […]

Many people are using the recent economic events to try to get their credit score in better shape. This means pulling your credit reports, learning how to read them, then figuring out how to resolve problem accounts. But what if you have one or more charge offs that have made their way onto your report? […]

The truth is that student loans can influence your credit, for better or worse depending on the circumstances–the key is knowing how to leverage your student loans to enhance your credit history. Fortunately, paying off your student loans can also work in your favor when it comes to getting help from a Dallas credit repair company. […]

If you’re looking for credit repair companies in Dallas, Texas, or trying to understand if locking your credit report helps, you might want to know whether or not paying collections improves your credit score–let’s dive in. What Is a Collection Account? A collection account is a debt that has been sent to a collection agency. When you […]

What Is a Credit Lock? A credit lock is a security feature that allows you to control who has access to your credit report. Only people with your permission can access your credit report when it’s locked–this can help prevent identity theft and protect your personal information. If you’re looking for credit repair companies in Dallas or how […]

Today, we’ll examine what a credit report is, how a bankruptcy affects your credit report, and how you can repair your credit with a qualified and legitimate credit repair service in Dallas, Texas. What Is a Credit Report, and How Is It Affected By Bankruptcy? Each time you take out a loan, credit card, or mortgage, […]

In today’s article, we’ll look at what credit and credit repair are and how banks can help repair your credit so that you can get back on your feet financially. We’ll also guide you on what to look for when finding the best credit repair companies in Dallas, Texas. How Do Credit Reports Work? Each time […]

However, there’s another implication you must consider if you’re considering using balance transfers to merge outstanding credit card balances–you should consider how a balance transfer will impact your credit score. As with many questions about credit scores, the impact of balance transfer on your credit will vary. Most times, a balance transfer can boost your […]

People with bad credit scores can improve them by using credit repair in Dallas, Texas, but it’s a much smarter and quicker strategy to become an authorized user on the credit card of someone with a good score. However, this process has benefits and risks for both parties, so let’s take a deeper look.  Authorized Users […]

This article will guide you on how to negotiate credit card debt, its effect on your credit score, and determine if it’s the ideal solution for your circumstances. Of course, credit repair companies in Houston, such as The Phenix Group, can help in the process when it may get too overwhelming. Negotiating With Credit Card Providers […]

We’ll also talk about how your credit can be repaired by the best credit repair company in Dallas so that you can obtain the loans you need.  What Is a Credit Report? Each time you take out a credit card, a loan, or a mortgage, a notice is sent to one or all of the three credit […]

So if you’re considering hiring a credit repair specialist in Houston, it is imperative that you understand the various aspects involved so you make an informed decision. Credit experts such as those at The Phenix Group can help make the process a breeze. There are several concerns that one may have when seeking credit repair services, […]

Although the idea of outsourcing your credit repair activities to a third party might be enticing, there are a few things that you need to understand first. For instance, when you search for the best credit repair in Houston, there are a number of companies that show up. So, how do you make the decision about […]

In this article, we’re going to examine how credit reports work, what negative items may appear on a credit report, and how to get some of these items removed through a process called credit repair. We’ll also look at if you can undertake this process yourself or if it’s better to get the best credit repair […]

This is where credit repair comes in handy–solid credit repair from the best credit repair companies in Houston, Texas can help you fix poor credit standing that might have declined for many reasons. Credit repair involves correcting or restoring a poor credit score, and includes hiring a reputable credit repair company, like The Phenix Group, to contact […]

Plus, opening a new bank account doesn’t trigger a hard inquiry on your credit. In addition, savings and checking account information is never reported to the credit bureaus, so your credit will remain unaffected. However, sometimes banking activity may indirectly affect your credit. Let’s dive into what happens when you switch bank accounts. Of course, […]

Luckily, reliable Dallas credit repair companies, such as The Phenix Group, are ready to help you do just that–let’s dive into how they go about helping you improve your credit. What Is Credit Repair?    Credit repair is when a company helps remove inaccurate and unverifiable information from your credit reports in exchange for a fee. Your […]

If your score is high enough and you aren’t in over your head with your current payments, the bank should, in theory, approve your loan.  But what if the bank denies you because you have a bad credit history, or worse, because you have no credit history? In this article, we’ll explain what makes up […]

Before you move on to filtering the results of your search for credit repair companies in Houston, there are a few credit repair basics that you need to be acquainted with. Consumers looking for credit repair services often have a number of questions such as, can a credit repair company raise my credit score, and how much does […]

Typically, this is the end of the journey before it even begins, as most banks will deny a loan on the grounds of poor credit.  However, there are ways to repair one’s credit. One avenue is hiring a reputable credit repair company, like The Phenix Group, to help clear up your credit report. In today’s […]

Mortgage, automobile, and personal lenders have long relied on your three-digit credit scores to determine if you are credit worthy enough to qualify for a loan. In addition, lenders also rely on your credit scores to determine the interest rate you’ll pay on these loans. Today, it’s not just the lenders that rely on your […]

Fortunately, legally removing negative information from your credit report can help rebuild your credit score.  Can Credit Repair Companies Remove Items From Your Credit Report? Unfortunately, accurate negative items can’t be removed and will remain in your credit files for about seven years. Creditors use your credit report to review your previous debt repayment behavior […]

This article will explore various types of credit card charges you can challenge, and if it comes to it, how to find the best credit repair in Houston.  Types of Credit Card Disputes You can dispute fraudulent credit card charges on your bill by calling your credit card issuer. This is often a swift process, during […]

When you search for any information about credit repair, including credit repairs Houston Texas, a number of options show up. It can be quite daunting to sift through all that information, and you’ll probably wonder, how much does credit cleaning cost, and what does it entail? If you haven’t noticed already, there is a lot of different […]

In the world of loans and finance, there will always be unethical people that seek to scam people with false promises–a credit sweep is on that list of false promises.  In today’s article, we’ll examine if a credit sweep is legal, some facts about credit repair, and how the process works so that you can begin getting […]

With interest rates rising every month, many Americans are rushing to get approved for home and auto loans before they become even more expensive. Anyone who has gone through the process of obtaining a loan can tell you that the first step in the process is getting your credit report examined to determine your ability […]

With many people rushing to make large purchases on homes and autos before interest rates rise any further, credit repair requests are rising, as well. The reason for this is that in order to obtain a home or auto loan, one must first undergo a credit check. For many people, obtaining a home or auto […]

A legitimate credit counselor is someone who will work with you to examine your personal credit and financial situation, make recommendations for how to save money, and advise you on paying down debt faster.  A fraudulent credit counselor will make outlandish claims and can be dangerous to your financial future. Today, let’s examine some things […]

Credit repair companies will work on your behalf to ensure that only accurate items appear on your credit report; they’ll also provide assistance in recommending ways to boost your credit score and help you find a good credit counselor.  However, in order for this to be true, you must be working with a legitimate credit repair […]

Let’s calm your fears right away–yes, real credit repair specialists are legit! However, when shopping for someone to help guide you through the process, it is definitely important to select the right company, as fraudulent companies do exist, just as with any profession. Once you find a legitimatecredit repair service, you can reap the benefits. […]

When it comes to certain kinds of loans, the difference between good credit and bad credit can be as much as 10%. The cost of credit repair varies based on the difficulty of disputing your negative credit items–of course, if you’re looking for credit repair in Fort Worth, it’s best to research the credit repair company […]

As such, most people would want to repair their credit as soon as yesterday. You may have already taken the necessary steps to repair your credit, but you haven’t seen any changes, which prompts the question, how long does credit repair take? What’s the Duration of a Credit Repair? How long a credit repair lasts […]

Most lenders prefer borrowers with a credit score of 670 and above, and you can check your credit score in a matter of minutes. Most credit card companies allow you to check your credit score for free. Are There Instances When Checking Your Credit Score Hurts It? Personal inquiry, which refers to you personally checking […]

Many factors determine the credit score, including credit history and the number of accounts one has. The Fair Isaac Corporation (FICO) established the credit score model; other scoring models are available, but FICO is the most commonly used. How Are Credit Scores Used? Whenever you apply for a loan at a financial institution, including a […]

Reviewing it and cleaning it up can improve your chances of approval and uncover practical ways to save money and improve your credit score. If you are wondering how banks determine your credit score, well, it’s a complicated process. Credit lenders examine your credit history when applying for loans, credit cards, and mortgages. The data on […]

Let’s examine three strategies for removing this scar on your credit history so you can get back on track financially. 1. Negotiate New Payments Your first step is to negotiate with your original lender. This could be an online lender, a bank, or an in-house finance company at the dealership. You may wonder how you […]

However, most credit disputes are often resolved faster than that.  The exact time required to resolve a credit dispute largely depends on the information in question and how quickly the lender or the other organization that furnished the credit bureau with your data can respond to requests to confirm the disputed information. Top credit repair companies can […]

Oftentimes, credit information is used as a litmus test to see if you’re reliable or a risky bet. Still, some people take advantage of loopholes in the strict and formalized ways that lenders and private credit reporting agencies (CRAs) communicate with each other. Before we dive into if credit scores can be manipulated, you need […]

There’s nothing wrong with not wanting a credit card, but you should reconsider dropping the account–especially if you’ve been using that card for a while. Canceling a credit card account does not impact your credit score. Most scoring models will not deduct points simply because you cancel a card; however, closing a card can have […]

To improve your standing, you can perform a credit repair, but this process can be tedious and confusing, especially if you’re not knowledgeable about credit regulations and consumer laws. The best way to rebuild credit is to hire a credit repair company to help you. These organizations review your credit reports, dispute credit discrepancies, and even teach […]

That said, settling debt is much better than not paying at all; it’s more beneficial than letting the account go delinquent or, worse, default. After settling a debt, what’s important is what you do to get your credit score back up. There’s no one best way to rebuild credit; it requires consistent responsibility to pull off. […]

Data from credit reports can affect: A low credit score or mistakes on a credit report can keep you from improving your life. That’s where credit repair comes in–if your credit score has taken a hit or isn’t good enough to get by, it’s time to fix your credit. Credit repair companies improve people’s credit scores […]

What Is a Bad Credit Score? In the U.S., there are three credit reporting bureaus that essentially control whether or not you are able to obtain loans and credit cards–Equifax, Transunion, and Experian. Each of these credit bureaus has their own method of evaluating your creditworthiness, and using these methods, they calculate a score for […]

There are numerous services available that are directed at helping consumers raise their credit scores–but what do these terms mean? As a consumer, it is extremely important that you understand the different terms associated with improving your credit so you can choose what services suit your credit needs the best. One way to improve your […]

These days, even some employers check the credit scores of job applicants to see if they are reliable and accountable. If there is a problem with your credit score, it might be time to look into doing a credit repair. You might be asking yourself, how do credit repairs work? A lot of people have misconceptions […]

We now live in the ‘buy now, pay later’ (BNPL) world. Thus, it is essential to critically look at the services being offered by different companies. One of such offers is the PayPal credit.  Let’s explore everything there is to PayPal credit and if it impacts your credit score.  WHAT IS PAYPAL CREDIT ALL ABOUT? […]

Typical scenario if a family/friend asks you for a loan; however, have you ever been asked to co-sign for a loan? It raises many questions that need to be resolved if you intend to follow through with it, or not.  Why? Your creditworthiness is a big deal these days. If you’ve got an impressive credit […]

Your credit information and income play a huge role in being creditworthy and getting what you want. With an impressive credit score and an excellent income to boot, you can apply for a mortgage, get a car, open new credit card, and many other things. We are going to dig deeper into these concepts and […]

Your driver’s license gives you the privilege of driving out on the road. Whether that’s going to and from school or work or over to your friends for a movie night, a license gets you halfway there. You’ll need a car to literally take you places. It’s a hassle to have to ask for or […]

There are many things that credit repair companies claim to be able to help you with. How many  times have you come across an ad or website claiming that a company can help you with a million different things like collections, charge-offs, late-pays, judgments, tax liens, bankruptcy, foreclosures, student loans, and more?    Sounds nice, doesn’t […]

Having your credit limit reduced is common and can even happen if you’ve been good with credit and made all your payments on time. When a creditor lowers your credit limit, it can negatively impact your credit score. However, you need to know that there are things you can do when this happens to minimize […]

While you can search the web for information on how to resolve negative marks on your own, a credit repair attorney in Miami can give you the individualized support you need. The Financial Industry Regulatory Authority reported that only 57% of Americans are financially literate, so don’t be frustrated if you are having a hard time figuring […]

Working with The Phenix Group, a reliable Miami credit repair company, is a great way to improve your credit status. When it comes to your credit, you want to be thorough and accurate. Enlisting the help of professionals to navigate the confusing world of credit can be very helpful in understanding credit reports and developing plans […]

So, if you’re experiencing financial problems, your lender might deny your loan application, even after receiving your pre-approval letter. If these problems are related to a drop in your credit score, a reliable Miami, Florida credit repair company like The Phenix Group can help. What Does ‘Pre-Approval’ Mean? In credit finance, pre-approval refers to the preliminary evaluation […]

Saving money isn’t as hard as you might think. These ten life hacks will make saving money just as easy as tying your shoes. Just making small lifestyle changes can snowball into saving hundreds, or even thousands of dollars each year. Wouldn’t you want that extra money in your bank account? Read on to learn […]

The National Consumer Assistance Plan (NCAP) has made it difficult for credit bureaus to add judgments on your credit history, but it’s still possible to see a civil judgment lower your credit score. If so, removing the judgment from your credit report shouldn’t be an enormous problem. Fast credit repair services can get it done quickly and […]

Unlike many other forms of debt, defaulting on your auto loan often puts you at risk of repossession. When faced with repossession, many people start to panic. The idea of losing your vehicle and subsequently ruining your credit seems daunting at best and terrifying at worst. It’s reasonable to worry about the long-term impact repossession […]

Whether you’re applying for a loan or an apartment, at some point, the state of your credit will likely matter. Before entering into a monetary arrangement with a customer, a lot of businesses and business owners will check your credit. As important as your credit is, a lot of people know very little about credit and how […]

Hard times do happen. With constant economic changes, we see people finding it difficult to pay bills, running into debts. And if you’re in debt, searching for a concrete solution to get out quicker lingers on your mind. In your search for a solution, you may have already heard about debt consolidation. But before moving […]

Whether you’re just learning the basics of cultivating your credit score or are a credit health expert, you’ve likely heard of the three credit bureaus: Equifax, Transunion, and Experian. If you’re looking to improve your credit score, take out a loan, or finance a large purchase, you’ll need to have a decent understanding of these […]

Most everyone who has ever had bad credit has sought for improvement tips to remedy their situation. Why? A poor credit report caused by erroneously input items poses a lot of damage and places you in a bad light. The current state of your credit history determines your financial worthiness and your life in so […]

Raising your credit score can sometimes be a long, slowly evolving process. But it doesn’t always have to be. With a little knowledge and focus you can pinpoint the areas of your credit that need the most work, and begin the process of boosting your credit. While it may take longer for a significant transformation […]

Most people aren’t keen on checking their credit reports. Oftentimes, the rationale behind this is somewhere between the lines of “I feel like checking it will impact my credit score.” However, when you check your credit report and notice the words “Hard Inquiry,” don’t fret just yet. Knowing what information you find in your credit […]

There are many intricate details that make up your overall credit score. This includes the amount of new credit that you receive, the amount you currently owe, and your payment history. But, another factor that goes into your overall credit score is the number of times that it’s checked by specific institutions. Credit checks are […]

Having good credit is essential if you want to obtain a loan for a house or a new vehicle, open a credit account at a retail store or even get a cell phone contract. Even some employers look at credit scores when determining whether or not to hire an applicant.  According to Experian, it’s estimated […]

Thinking about becoming a first-time homebuyer in Dallas? Congratulations! The decision to buy your first home is both exciting and overwhelming, especially when you start thinking about the financial impact it’s going to have on your life.  You want to make sure that you’re in the best financial position possible so that when you approach mortgage and […]

It is true, most of us have debt; some tend to accumulate a lot more debt than the average person. Often these same individuals may find themselves needing to file for bankruptcy to be able to get the head above water with their finances. What does that mean? What initial impact will it have you your credit? […]

If you’re in the market for a home loan, you will want to take a look at your credit score first, before starting the homebuying process. Since the housing mortgage crisis of 2008, practices have become much stricter when determining who qualifies for a loan, the amount they are willing to loan, and at what […]

Before plastic credit cards were invented, the concept of credit was around for centuries. With today’s modern society and technological advancements, credit cards have come a long way. How Did the Credit Card Start? Credit cards got their start way before you were born. In fact, they got their start before the internet, planes, automobiles, […]

Knowing your credit score is a key step in determining where you sit financially when it comes time to apply for any type of credit. Having your own report on how lenders view your credit worthiness can help you take appropriate measures, if needed, to improve your credit. Improving your credit in key areas will […]

GC Services is notoriously known throughout the debt-collection industry. They’re arguably one of the biggest collection agencies in the world. They’re often the mouthpiece or middleman for companies in many different industries such as retail, traffic, and automotive. But, they’re most known for collecting student loans. Once one of these companies has spent a while […]

It’s a new decade, and you have the gigantic goal to purchase your first home by the end of the year. But you worry about your credit score. What if you can’t get a reasonable interest rate for a home loan? Is it really possible to purchase a new home this year?  Well, put those […]

Headquartered in Atlanta, Georgia, National Credit Systems is a third-party collection agency that operates independently. Initially founded in 1991, the agency specializes in recovering money for apartment owners and managers that is owed to them by consumers who have failed to fulfill their lease obligations.  If you happen to be someone who is on the […]

A good credit score depicts a person’s creditworthiness, and this will give you a chance for lower interest rates when you apply for a loan. If your credit score is not where you want it to be, there are many ways that you can do to improve your score. How Fast Can You Build Your […]

Whether you like it or not, your credit is a reflection of you. It’s basically a snapshot of how trustworthy you’ve been with money in the past. Throughout your life, credit can affect many different milestones such as getting a job or an apartment. Also, when you choose to make bigger purchases such as a […]

Losing a job is difficult in the best of times. When the economy is down, however, the impact of job loss is felt even more. When you pair this with the fact that finances will need to be adjusted and your credit score could be damaged if you can’t pay, job loss becomes downright terrifying. […]

 How a Charge-Off Affects Your Credit Report         A charge-off can stay on your credit report for up to seven years. This up to a variety of different factors including when you start paying it off and if it has been passed on to a collections agency. If you have a charge-off, then you’ve probably been […]