If you’re in debt and need to file for bankruptcy, what will happen with your credit score? We’ll discuss that next. As a general rule of thumb it can take years before getting back on track financially as well as repairing any damage done by an accident with files like Experian®, Equifax® or TransUnion® – …
Business credit cards are a great tool for business owners, but they can also affect your personal finances if not used properly. If you don’t have the money to pay off charges on time or if it’s difficult to get approved by other lenders because of how often and where you use this card then …
Do Business Credit Cards Affect Your Personal Credit? Read More »
A debt consolidation loan combines all of your existing loans into one loan with a low-interest rate and a low payment. Additionally, a debt consolidation loan has more benefits in that customers go from making many payments to several creditors a month to making one payment to one creditor monthly. This can importantly reduce stress …
You can think bad credit keeps you from receiving a credit card or loan, but it goes more than that. Bad credit may leave you jobless, homeless, carless. That is because more and more businesses are using your credit to make decisions about you. How credit repair helps the credit scores Your credit scores are …
When your credit score takes an unexpected turn downward, it can cause worry and frustration. Credit scores do fluctuate a bit over time, and a couple of points up or down isn’t a big deal but a downward trend or a large drop is. Here is a list of things that can be behind your …
What Credit Score Is Needed for Renting an Apartment? If you want to rent an apartment, the landlord or company will ask for your credit check to ensure, you pay the bills on time and didn’t have any financial disasters before. What are they looking for? Landlords as well as rental companies look for consistency …
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Hospital gowns, painful shots, and low temperatures in the doctor’s examination room are not the worst part to get medical treatment. Receiving a hefty medical bill after a doctor and hospital visit may be a particularly bitter pill to swallow. Furthermore, to depleting your bank account, medical bills can affect your credit if you do …
Purchasing a car is costlier than leasing, but a bad credit score cannot leave you with much of a choice. Bad credit can make it harder to get a car, but a car can be essential to get a job that would help you improve your credit. Obviously, there’s more than one way to acquire …
If your aim is to pay off higher interest credit cards, the first and maybe hardest step is to avoid adding to your debt. From there, explore plans to low your interest rates, direct extra money to payments, and get expert help if you need it. From the 2nd quarter of 2015 to Q2 2019, …
Credit Cards Credit cards fall into a different class of borrowing called revolving credit. With a revolving credit account, the borrower usually has ongoing access to the funds as long as their account remains in better standing. Revolving credit card accounts may be eligible for credit-limit increases on a regular basis. Interest rates are high …
Credit Cards vs. Personal Credit Cards What’s the Difference Read More »
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