Tag Archives: credit score

Ways to Build Credit Without Relying Solely on Credit Cards

For those who prefer to pay with cash and avoid the credit card debt cycle altogether, building a solid credit history and high FICO score can be a challenge – but it doesn’t have to be. Only a small portion of your FICO score is based on having and using revolving credit. The first step [...]

How Do I Take Care of The Two Old Debts on My Credit Report? – Alexandra

“Dear Steve, I used to have a Chase Credit Card for $500. I haven’t used it since 2008 and because of some problems and no money at that time couldn’t afford to pay it out ($331). Now I got stuck with this credit card reporting each month on my Credit history as a collection. Also [...]

Should I Get a Charge Off Removed From My Credit Report? – Defanso

“Dear Steve, My overall credit goes from fair to good depending on the credit agency, scores 686, 704, 708. For the past 2 years my payment history listed as 99.99% on time. I’ve paid off all of my credit card debt to $0, Only having my student loan & my mortgage outstanding. Only thing I [...]

I’m Only Going to Live on Cash and I Don’t Care About My Credit Score. – Lee

“Dear Steve, If I had the money to settle ,then why would I not just pay the debt? Seems to me it would have a two fold effect 1 would not have to deal with those damn phone calls. 2 would not need to worry about credit score. I don’t worry about anyway, cause I [...]

Credit Reports Screwed Up. Anyone Surprised?

A Federal Trade Commission study of the U.S. credit reporting industry found that five percent of consumers had errors on one of their three major credit reports that could lead to them paying more for products such as auto loans and insurance. Overall, the congressionally mandated study on credit report accuracy found that one in [...]

I Want to Improve My Credit and Get a Mortgage With My New Wife. – Devin

“Dear Steve, Although I have made great strides in the last 4 years, I brought a poor credit history and score to our marriage (married for 5 months). My wife, whose name is on our mortgage as she owned our home prior to our marriage, is happy and proud of the work I’ve done to [...]

My Credit Score Sucks. How Can I Make It Better? – Thomas

“Dear Steve, I have a great job $80k a year, two kids and a wife who watches the two children destroy our home all day. I’m 28 and all of my debt is a whopping $500 or so. The debts are from companies like At&t they claim I didn’t return my equipment (I did), so [...]

I’m 21 Years Old and My Credit Score Sucks. How Can I Improve It? – Lore

“Dear Steve, Hello, I am 21 years old and recently checked my credit score. Due to pass due bills not being paid I am carrying a 580 credit score. I am aware that this is horrible but I am not sure how to go about getting this fixed. I already have a secured credit card [...]

I Want to Get a Student Loan to Improve My Credit Score. – Eli

“Dear Steve, I have a great credit score (mid-700′s), nothing negative in my credit history, 10 year credit history, 10 open credit cards, have paid every single credit card bill in full on time my entire life, 2 car loans, mortgage. With interest rates at historic lows, I’m looking to refinance. However, I’m finding that [...]

My Fiancee is in Debt. How Can We Get Rid of it Before We Marry? – David

“Dear Steve, My fiance is in about $2,000 debt. I knew he had debt but we’re just now talking about all of this. It’s with three different places. Golds Gym -$861, Dish Network -$479, and Verizon -$789. We were planning on finding our own apartment in less than a year but we need this paid [...]

I Had Good Credit and Then Got Behind. I Want a Quick Way to Raise My Credit Score. – Tim

“Dear Steve, Score was 720 a few years ago than the economy and credit card processors held my companies money! Now my score is in the 400s how do I get it back up So I had a great credit score, the economy tanked and my credit card processor at the time started to hold [...]

Credit Reports, Credit History, and Credit Scores in Hiring and Job Performance. Is It Even Fair?

You hear all the time how credit history can impact your ability to get a job. In the debt relief world debt settlement and credit counseling companies claim bankruptcy prevents people from getting jobs and that’s why people need to use their services instead. But what is reality and what is the negative impact of [...]

Is It Illegal for a Creditor and Collector to Report The Same Account? – Josh

“Dear Steve, Is it illegal for both a creditor and a collector to report the exact same account? I have several old credit cards that show charged off and then a duplicate of that account by a collection agency. Isn’t that double and even triple punishment for the same account? My credit score goes lower [...]

Credit Score Dropping, I Owe the IRS, and Need More Student Loans

I have been trying hard over the past years to get out debt. I currently owe the IRS , have student loans, and to make it worse I am back in graduate school accumilating more debt. I have also noticed that my credit score has been decreasing and want to know what to do to [...]

Credit Scoring is a Scam and a Fraud

Photo Credit: The Truth About I was just sitting here and noticed that someone searched for “credit scoring is a scam and a fraud.” Kind of an interesting search. Frankly I never thought of it like that. But that reality is that point of view isn’t all that far off. You see the impression people [...]