Credit Scores

How Closing a Credit Card May Affect Your Credit Score

by Ryan Guina September 19, 2015

If you close you a credit card account, your credit score should increase, right? After all, you’ll no longer be able to rack up debt on a closed account. One less method of getting into debt should count for something, right? Unfortunately, it’s not that simple. Your credit score appears to be a simple number. […]

Read the full article →

Why You Need All Three of Your Credit Reports Right Now

by Neal Frankle March 6, 2015

Ryan has done an excellent job explaining why you need the highest credit score possible and how to make that happen. I completely agree with Ryan. One of the things that many people do in order to make sure their credit score is clean is to order their credit report. This is also a wise […]

Read the full article →

Do You Know Your Rights When it Comes to Debt Collection?

by Miranda Marquit July 16, 2013

One of the most difficult financial issues that many people have to deal with is debt. Not only can debt weigh you down when it comes to money, but it also causes stress in other ways. And once your debt is turned over to collections, it can become especially burdensome and stressful. Dealing with debt […]

Read the full article →

Preventing Identity Theft for Your Children

by Kevin Mercadante July 12, 2013

There’s always plenty in the media warning us about the dangers of identity theft to ourselves. But one area where identity theft rarely seems to focus is on children. Since children are typically not active users of credit, we tend to be far less concerned about the potential damage caused by identity theft. But that […]

Read the full article →

How to Repair Your Credit After Bankruptcy

by Kevin Mulligan June 26, 2013

Despite your best intentions you just couldn’t make all the payments work. The creditors wouldn’t work with you and you had to declare bankruptcy. Bankruptcy is an emotional process and a stressful time. Collection agencies are probably calling you, your workplace, and anywhere else they can find you. But once it is final your dischargeable debts are […]

Read the full article →

Should You Buy Credit Card Insurance?

by Miranda Marquit May 31, 2013

Credit cards can provide you with a convenient way to pay for your purchases. However, if you rack up a balance, things could start to get dicey. Not only do you have to contend with interest charges, but you also have to worry about what happens in a financial emergency if you can no longer […]

Read the full article →

How Long Do Negative Items Stay on Credit Reports?

by Kevin Mulligan April 16, 2013

Your credit report and credit score should be a couple of your most prized financial assets. A solid credit history without any negative marks can save you hundreds of thousands of dollars in interest over your lifetime. Likewise, a few negative marks on your report can drop your score which in turn raises the cost […]

Read the full article →