How to Settle Your Debts with Collection Agencies

When you have a longstanding, overdue debt with a creditor, whether it’s an unpaid credit card balance, medical bills, or anything else, at a certain point the account will likely be handed over to a collection agency. You usually receive a notice in the mail that the debt is changing hands, but if you’re unsure…

How to Calculate Debt to Income Ratio

Your debt to income ratio is a crucial figure, especially when you apply for a mortgage, home equity loan, or another large personal loan. By understanding what it is and what your target number should be, you can use your debt to income ratio to help get qualified for some of the best loans available.…

What Is a Fair Credit Score?

When you need to apply for a new type of financing, whether it’s a credit card or a car loan, you might start paying attention to what kind of credit score you have. After all, lenders use that number to determine whether or not you’re approved, and if you are, what kind of interest rate…

What Is a Rapid Rescore?

Buying a home is probably the largest purchase you’ll likely make in your lifetime. So it comes as no surprise that the entire process can be a stressful situation; after all, how often do you make a six-figure purchase? Between negotiations with the homeowner and a complex loan underwriting process, there are countless opportunities for…

What Is a Personal Line of Credit?

Are money woes getting the best of you? Maybe the bills are piling up due to an unforeseen financial emergency that’s left you broke or your paychecks always seem to be a dollar short or a day late. If so, a personal line of credit could be just what you need to get over the…

Self Lender Review for 2018

When you have bad credit, or even no credit at all, it can be difficult to improve your score when you have no accounts that are reported to the credit bureaus. That’s where Self Lender comes in. Self Lender is a type of credit-builder loan that doesn’t require a cash deposit right at the start.…

How to Remove a Foreclosure from Your Credit Report

Despite reported upswings in the housing market, foreclosures continue to be a huge problem for residents of the US. In April 2018, 1 in every 2,058 homes in the US received a foreclosure filing. The RealtyTrac database lists over 588,000 homes that are currently in foreclosure. That’s well over half a million families struggling with…

How to Remove a Judgment from Your Credit Report

Judgments can have a huge, lasting impact on your credit score, giving you major difficulty in obtaining credit cards or loans. Perhaps you received a judgment from a lawsuit concerning old debt or even a former eviction. Whatever the reason, these public records cause long-lasting damage, even years after the incident occurred. Luckily, it is…

How to Rebuild Your Credit

Getting started on rebuilding your credit may seem like a long task with little light at the end of the tunnel. But really, a few strategic steps can make a noticeable difference in your credit score. Whether you want just a few ideas for rebuilding your credit or the full enchilada, we’ll walk you through…

The Ultimate Guide to Credit Repair

Finding out you have bad credit usually comes at the worst possible time. You might not even know your credit is bad until you get denied for a credit card, cell phone, or car loan. When you wonder why and check your credit report, you may be surprised to find one or several negative items…