Confused about credit reports or credit scores? all you questions are answered right here in this category of questions from readers.
“Dear Steve, I’m an authorized user on my wife’s cards and they have high balances. If I take myself off as an authorized user, which I have, will these accounts fall off my credit scores? I’m considering putting her accounts in a debt settlement and not mine. Therefore taking the hit on one credit score …
“Dear Steve, My credit score is above 790. I am unemployed and receiving $450/week in unemployment insurance. I have less than $10k in savings and do not own a home. My car is 12 years old. My monthly expenses are $2,500. I owe $21K on 2 credit cards: $17k is at 0% interest until April. …
“Dear Steve, I have a huge student loan and credit card debt I am trying to pay off. I will also be getting married next year to somone who has a gredit credit score. I’m working to get out of my credit card debt but my student loan will take 20 year s to pay …
“Dear Steve, ONE year ago in march I paid a credit repair person over $500.00, they were recommended by a mortgage lender I saw. He told me it would take 4 to 6 months and my score will be were I needed it to be. Totally hasn’t been the case. I spoke with the manager …
I just answered a question from a reader that mentioned that she was going to opt out of a change in terms by her credit card company so she could keep her interest rate where it is now. While that certainly seems like a logical move and a good thing to do, it simply might …
“Dear Steve, I am a divorced single mom of 2 pre-teens, work full-time, I am a homeowner and I have no savings. My problem is this: After paying for the mortgage, utilities, insurance and bills, I have very little left to live on. This has resulted in my using credit cards as a “back up” …
How The Financial World Judges You Today, your credit report and credit score dictate how much you pay for credit, insurance and other services. It is the measurement others use to determine their risk in doing business with you. Having a professional review your credit report and credit score with you are critical to saving …
I spend a lot of time helping people resolve credit issues and getting finances under control. Now it’s time to give guidance to those folks who are desperate to screw-up their credit. Who’d want to do that, you say? Plenty of folks are in an all-fired rush to make bad credit mistakes. Here’s how they …
“Dear Steve, I finally filed for bankruptcy. I am anxiously waiting for my hearing. But I am now trying to look forward to the next phase in the process of getting back on my feet. I filed Chapter 7. I have a house that I am current on with very little equity, so I will …
“Dear Steve, Four years ago, I had four charged off accounts which I later paid in full. They remain on my credit report, but now show as “charged off/paid”. I made agreements with the credit card companies and/or collection agencies before paying them off, not knowing I could request a pay for delete. Can I …