How to Remove Medical Bills from Your Credit Report

When you’re sick or injured enough to need significant medical care, the last thing you want to think about is how you’re going to pay your medical bills. Even more distressful is just how much medical bills on your credit report can impact your financial future. With medical bills remaining the largest factor for Americans…

How Often Does Your Credit Score Change?

When you’re on the road to repairing your credit report, you’ll probably be excited to see how much your credit score has gone up since you started to make positive changes. Perhaps you’re considering a credit monitoring service to check your progress. Or maybe you’re preparing to apply for a mortgage or car loan and…

Equifax, TransUnion, and Experian – Why Are There 3 Different Credit Bureaus?

If you’ve spent any time looking at your credit history, you’ve probably realized that there are three different credit bureaus: Experian, Equifax, and TransUnion. You might also know that the information contained in your credit reports from each bureau has a strong influence on what type of credit you have access to. From getting approved…

8 Ways to Build Credit Without a Credit Card

So you don’t want a credit card? There are certainly a lot of reasons to want to avoid having one, but there are an equal amount of reasons to get one. Whatever your reason, you’re here because you want a strong credit score without the hassle of variable APR and monthly payments. Ready to learn…

The “Shopping Cart Trick” for Store Credit Cards

Having bad credit comes with more than a few downsides. But two of the biggest concerns are how to qualify for new credit accounts and how to fix your existing credit. There’s actually a simple strategy that, in many instances, can help you do both. It’s known as the “shopping cart trick,” or sometimes the…

How an Eviction Affects Your Credit

Receiving an eviction notice can be an overwhelming moment. There’s the emotional response of losing your home paired with the practical worry of your financial future. Whether you’re saddled with medical bills or just lost your job, being evicted is usually the capstone to other major life events already taking place. If you’re in this…

Fair Credit Reporting Act Explained

The Fair Credit Reporting Act (FCRA) is a federal law that was passed in 1970 to regulate the rights of consumers and the manner in which their information is used by banks and other entities. One of the primary purposes of the FCRA is to give consumers the right to know the information listed in…

How to Get a Loan with Bad Credit

Everyone needs extra money from time to time, and there is no exception to this fact when you have bad credit. Unfortunately, your options become limited with a low credit score, making it difficult to get a loan even in the case of a financial emergency. Whether you’re wondering how to get a car loan…

What Is the Fair and Accurate Credit Transactions Act

Back in the early 2000s, identity theft was just becoming an issue. By no means was it rampant just then, but those who knew how to read the signs could foresee what was coming. They were right. In 2016, 15.4 million U.S. citizens had $16 billion stolen from them. Right now it is estimated that…

How to Remove a Charge Off from Your Credit Report

What is a charge-off? A charge-off occurs when you are seriously delinquent in paying an account. Typically, an item is only listed as a charge-off on a credit report once it’s over 180 days late. In simple terms, when one occurs, your creditor lists the account as not being collectible. Creditors list bad debts owed…