How To Rebuild Your Credit After Bankruptcy

Depending on your personal situation, filing for bankruptcy may be the best option to solve your financial problems. And while both Chapter 7 and Chapter 13 bankruptcy come with major repercussions, they certainly don’t end your ability to get credit for the rest of your life. Even though these items stay on your credit report…

What Is a Credit Reporting Agency?

Credit reporting agencies are an integral part of the credit scoring process. Whether you’re working on repairing your credit, building it from scratch, or maintaining an excellent score, it’s important to understand what these agencies do and how they work. After learning the basics, you can use this knowledge to your advantage when trying to…

How to Dispute an Error on Your Credit Report

Your credit reports contain information about where you live, how you pay your bills, and any public records that you may have. Credit bureaus sell your report to creditors, insurers, employers, landlords and anyone else who will pay for it. They use this information to evaluate what kind of risk you will be for credit,…

How to Remove Collections from Your Credit Report

When you’re trying to fix your credit, having one or more collections can put a huge damper on getting your score on an upward trajectory. While it can be difficult to get collections removed from your credit report, it’s not impossible. The best way to get started is learning about how exactly collections affect your…

How and Why to Increase Your Credit Card Limit to Improve Your Credit Score

There are many strategic tactics you can take advantage of to increase your credit score. Some, like paying your bills on time each month, take a while to actually register as positive momentum in that magical number. Others, however, are relatively quick fixes that can easily give your credit score the boost you’re looking for.…

How to Stop Identity Theft: Freeze Your Credit Report

The potential for becoming a victim of identity theft is greater than ever before; in fact, some figures estimate that as many as 15 million Americans personally experience some form of this crime each year. Cleaning up the mess that comes along with identity theft is likely to be a lengthy, troublesome process. From calling…

How to Remove Credit Inquiries from Your Credit Report

How long do hard inquiries stay on your credit report? Inquiries can stay on your credit report for up to 2 years. Each time an inquiry is made, it is recorded by each of the three credit bureaus – Equifax, Experian, and TransUnion. And each time an inquiry is logged, it can potentially affect your…

Verizon Collections – How to Remove Them from Your Credit Report

The Verizon bill that you’ve been ignoring has now gone into collections and the calls are flooding in. What now? It depends on how long the account has been in collections and if they’ve reported it to the credit bureaus. If the account was recently sent to collections, the good news is you can resolve…

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 to Build Credit from Scratch

A strong credit history opens up a wide range of opportunities. You can get prime interest rates on major purchases like a home or car and can also become a prime candidate for apartments and jobs. But if you’re just starting out with your own finances, you may be confused over the best way to…