Credit Scores

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 […]

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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 […]

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How Will A Short Sale Affect My Credit Score?

by Kevin Mulligan April 8, 2013

The lead up to the Great Recession was fueled by cheap credit, improper lending practices, and the unrealistic belief that housing prices could only go up. While some communities have seen housing price recoveries back to somewhat normal levels, others are still suffocating on a market full of foreclosures. All of the negative housing trends […]

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Is Your Income Information for Sale?

by Miranda Marquit February 7, 2013

Big data is big business. The more information financial companies have about consumers, the more money they can make, and the more effective they can be. Consumer profiling is increasingly popular as companies look to target specific demographics. However, while many of us have become resigned to the fact that our spending and credit behaviors […]

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What to Expect When You Stop Paying Your Bills

by Emily Guy Birken January 11, 2013

If your debts are piling up and you are feeling overwhelmed, simply not paying your bills may seem like an easy solution. It’s certainly the path of least resistance. But not paying your bills will only give you a short reprieve. In next to no time, you’ll find yourself in a much worse situation. Here […]

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The Fed Limits Credit for Stay-At-Home-Moms (and Dads)

by Emily Guy Birken September 25, 2012

For the past year, non-working spouses have found themselves in a difficult credit position: as of October 1, 2011, they were no longer able to qualify for credit based on their household income. This change came about because of the 2009 Credit CARD Act, which was attempting to fix problems in the credit industry. Unfortunately, […]

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Are These 6 Things Dragging on Your Credit Score?

by Miranda Marquit April 2, 2012

When we think of what hurts our credit scores, we often focus on missed payments and large amounts of debt. But you might be surprised to discover what else might be weighing on your credit. Remember that, even if you don’t think of it as a loan, or credit, other people that you owe money […]

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