Tim Gorman asked: Trying to keep a good credit paying history is becoming harder and harder to do in today’s financially challenging and changing environment. With prices constantly rising and the dark cloud of a recession looming over the economy it’s no wonder that many credit challenged people (single and with families) are feeling desperate [...]
Tim Gorman asked: If you are concerned about your credit reports then it is a good idea to check them regularly. One source has reported that up to seventy percent of all credit reports have errors on them. These errors could mean that you do not get the credit cards or loans that you apply [...]
Michael Russell asked: Whether you are trying to get a business or real estate loan, looking to buy equipment for your business, or trying to lease a computer or auto, your credit score or “FICO” is very important. Having a high score will allow you to get loans of all kinds much faster. It will [...]
Tim Gorman asked: If you have consumer loans or credit cards in good standing, it is good practice to ask for credit limit increases every six months. Just by increasing your maximum limit on your accounts can vastly increase your credit score. Not only does it help to reduce your debt ratio but credit bureaus [...]
Michael Affleck asked: For quite a number of years now many have come to depend on their credit cards to help them get through tough times and to help them purchase the things that they want that they likely can not really afford to buy. Yet people all over the world have plunged themselves head [...]
David Patullo asked: Credit card debt reduction is vital when credit card bills have piled up and you can no longer afford to pay the interest and the balances on them monthly. By reducing credit card use, you take the first step in reducing debt. Stop using your credit cards and focus on paying on [...]
Tim Gorman asked: Even though everyone in United States now has a right to obtain a free credit report annually from each of the three main credit bureaus, Equifax, Experian, and TransUnion, there is still considerable doubt among consumers as to whether they can get a credit report without having a credit card.In fact having [...]
Tim Gorman asked: If you have been refused loans or credit recently and think you may have a low rating, then you may be wondering how to increase your credit score. The credit report companies use a variety of methods to determine what your credit score should be. When you know how they work out [...]
Tim Gorman asked: Have you ever wondered just how important your credit score is to your financial decision making process? When you consider that your score will determine whether you will get that new car or house that you have had your eye on for some time it’s no wonder many people share the same [...]