Consumers baffled by Prime vs. Subprime Loans

Consumers baffled by prime vs. subprime loans FICO Scores are one of the primary metrics that lenders use to assess a borrower’s creditworthiness. Because of this, your credit score can influence the chances of your loan being approved and the rates and terms...

Results of Bad Credit

Results of Bad Credit Late fees likely won’t be your only problem if you’re in the habit of paying your bills after the due date. Poor borrowing habits erode your credit, leading to higher interest rates and trouble to qualify for loans. A low credit score...

How to reestablish your credit post-bankruptcy

How to reestablish your credit post-bankruptcy? Your credit rating can go back down after an adverse fiscal event. However, by improving your fiscal habits and responsible spending, it is possible to rebuild your credit after some time. Don’t let bankruptcy ruin...

How paying off collections can impact your credit score

How paying off collections can impact your credit score Most negative marks can remain on your credit reports for seven years, usually holding your score down for an assortment of time. We’ll explain why paying off old debts usually doesn’t improve your...

How to Negotiate a Debt Settlement

How to Negotiate a Debt Settlement If you need to avoid paying your bills, you may want to negotiate a debt negotiation agreement with your creditors or by working with a collection agency. An uneven settlement might excuse overdue bills, but settlements also...

6 Reasons Your Credit Score Isn’t Increasing

6 Reasons Your Credit Score Isn’t Increasing You might not be seeing your credit score increase due to several logical factors. Nonetheless, one—and possibly affecting—reason may be your high credit balances and a limited credit history. Discover what you can do to...