There are common errors that can appear on your credit report and drag your credit score down. You may need to repair these errors. Some may seem to be errors, but the information is actually accurate. How they came to be is the real issue. Certain repairs can be fairly easy to fix, while others […]
Are You Keeping Credit Secrets?
You’re probably familiar with the concept of a “white lie”. That’s a fib in which you either distort facts or deny the existence of a situation because it probably won’t hurt anyone – or so we like to think. In truth, most white lies occur not because they’re harmless, but precisely because they can cause […]
You May Need Credit Repair if You’re the Victim of Identity Theft
If you’ve ever been a victim of identity theft, know anyone else who has, or have read some of the horror stories, then you know how debilitating the situation can be. Your credit can be destroyed, your savings depleted, and your life impaired – all for a situation that you didn’t create. The credit damage […]
Credit and Debt Problems Can Sabotage Your Retirement
The Internet is filled with articles and websites that deal with accumulating enough money to achieve a comfortable retirement. But credit and debt problems can sabotage your retirement, even if you have adequate income sources lined up. While your income sources may provide you with the means to retire, your credit and debt problems are […]
6 Mistakes That Can Torpedo Your Credit
Most people who are mired in credit problems, or have recently moved beyond them, can point to specific reasons why they got into trouble. There are mistakes that can torpedo your credit, and only when you know what they are can you possibly hope to avoid them. Here are six of the most common mistakes […]
Can You Have Bad Credit Even if You Have No Debt?
On the surface, this seems entirely improbable. Bad credit, even if you have no debt? Actually, it’s not unlikely at all. Credit reports and credit scores are a measure of your credit history, much more so than an evaluation of the current state of your finances. There are all kinds of credit situations that can […]
When Credit Problems Are Caused by Income Disruption
Of all the factors that cause credit problems, income disruption is perhaps the most overwhelming. After all, income is required in order to service debt, and when that income is disrupted, it means your ability to maintain your credit profile virtually disappears. But that’s not all. You May Have to Juggle Debt Payments This is […]
Improving Your Credit After Foreclosure
Improving your credit after foreclosure is a step that is absolutely necessary. Foreclosure is one of those credit issues that has far-reaching effects on almost every area of your life. The sooner you can get back on the right track, the closer you will be to restoring your life back to something that looks like […]
Is Swearing Off Credit the Solution to Your Credit Problems?
If you have dealt with credit problems in the past, you may have promised yourself that you’ll never borrow again. You might reason that living without credit will be living without credit problems. And while there is some logic to that thinking, life has an almost comical way of going in unexpected directions. For most […]
How the Good Old Summertime Can Hurt Your Credit
Just a guess, but the good old summertime might be, on balance, the favorite season of most people. It brings warm weather, backyard barbecues, more time with family and friends, weekend getaways, summer vacations – what’s not to love? Well, if you aren’t careful – and some people are not when the warm weather hits […]