Credit Report and Your Rights
Have You Pulled Your Credit Report Lately?
Information found on credit reports and that three-digit number called a credit score havebecome such integral decision-factors in our lives. Do you feel as though you are now judged upon your credit report and credit score more than ever?
We have the opportunity—and the right—to see our credit reports and ensure that they are accurate, which is especially important before you apply for a loan. Here are some steps to taking advantage of the FACT Act to monitor your own credit: Continue reading “Credit Report and Your Rights” »
How to Dispute Discrepancies on Your Credit Report
The odds of there being error on your credit report are pretty good. Errors do occur frequently, but they can also be fixed. Here is the recommended way to dispute errors with the Consumer Reporting Agency. Continue reading “How to Dispute Discrepancies on Your Credit Report” »
Importance of Credit Scores
Have You Checked Your Credit Report Lately?
The word credit can be heard every day from the TV, ads in the paper, and even the radio.
What is credit? It is the ability to borrow based on the promise of repayment. Lately, everything seems to be based on a person’s credit score. Here are a few ways credit scores affect the price you pay for the following items:
- Personal Life insurance: Having a bad credit score can drop you to the lower tiers causing you to pay a higher premium, though your health is still the most influential factor. Continue reading “Importance of Credit Scores” »
Credit History – The Importance of Maintaining Good Credit
Credit (an agreement to repay a loan over time) is becoming ever more pervasive in our society. What used to be the exclusive privilege of the wealthy has only in the past 50 to 100 years become available to the masses. Continue reading “Credit History – The Importance of Maintaining Good Credit” »
Wise Usage of Credit, Credit Cards and Your Money: 8 Tips
Here are 8 tips that will help you use your credit wisely. Following these principals should help increase your credit score and standing.
- Make all payments on time. Don’t wait until the last minute to send a payment.
- Pay off the entire balance every month. You’ll never be charged interest this way. Continue reading “Wise Usage of Credit, Credit Cards and Your Money: 8 Tips” »
Protecting Your Identity
Identity theft occurs when, among other things, someone uses your personal information, without permission or consent.
Identity thieves usually target the following personal information such as:
Your Name – Date of Birth – Phone Number – Email Address – Bank or Credit Card Account Number – Social Security Number – Driver’s License Number – Passwords and PIN’s – Medical or Dental Information – Vehicle Identification Number – Tax Payer Identification – Signatures
How Does Identity Theft Happen? Continue reading “Protecting Your Identity” »
Credit and Credit Scores
While on our Debt Consolidation Program, some may feel that building or repairing their credit without a major credit card is an insurmountable challenge. Here are some suggestions.
1. Maintain checking and savings accounts: While not the case before 2004, banking practices (like bouncing checks) can now affect an individual’s credit score.
2. Sign up for phone or utility services in your name: Although a security deposit may be required, your history of full and on-time monthly payments to these companies will build a pattern of effective credit management. Continue reading “Credit and Credit Scores” »