Add Points to Your Credit Score by Talking on the Phone and Watching Netflix

If you’re among the millions streaming more often during COVID-19, Experian is offering a way to use the leading video streaming service to boost your credit. Building on its groundbreaking consumer credit product, Experian Boost™, the company announced today that consumers can add video streaming payment history to their Experian credit reports using Experian Boost. … Read more

Are Collections on Credit Reports Out of Control?

Household debt balances continued their upward trend in the second quarter, with increases in mortgage, auto, and credit card balances, according to the latest Quarterly Report on Household Debt and Credit from the New York Fed’s Center for Microeconomic Data. Student loans were roughly flat, a typical seasonal pattern in the second quarter. The Quarterly … Read more

Should We Get a Loan to Payoff Our Cards to Boost Our Credit Score? – Chris

Question: Dear Steve, Are fixed rate personal loans better than revolving credit (credit cards) for your credit report? I’ve seen different opinions on this so thought I’d ask the expert. Because of a business that failed we ran up some hefty credit card debt ($15k+). Would it be better for our credit score if we … Read more

Double Standard For Debt Settlement. Not So Sleazy Now, Ask Hilary Clinton, John Glenn and the FEC.

Originally published December 11, 2009 Consumer debt is a world of double standards. On one hand you have advocates screaming about the evils of debt settlements or that groups that charge people for professional help to do debt settlements are ripping off consumers because settling debts is something that anyone can do. Don’t get me … Read more

1 in 10 Americans Don’t Have a Credit Score or Credit Report

One in 10 U.S. adults is invisible to much of the American economy because they have no credit report or score, a new report by the Consumer Financial Protection Bureau has found. Those 26 million adults — disproportionately Black or Hispanic — have virtually no chance to borrow money or use credit cards. And another … Read more

National Debt Relief Shares The Good News For Consumers With Bad Credit

Philadelphia, PA (PRWEB) April 12, 2015 National Debt Relief recently shared in an article published April 6, 2015 how consumers who has either a very low credit score or zero credit score can finally have an easier access to credit. The article explains how FICO came up with the pilot program and who will mostly … Read more

How to Get Your Finances in Order Before You Buy a Home

To successfully buy a home these days, you’ll need patience, resilience to rejection and sound financial planning. You don’t need to earn gobs of money to successfully purchase a home — well, depending on your area. You do, however, need to have enough income left over after your proposed mortgage payment and other financial obligations. … Read more

Why People With Good Credit Have More Dollars in Their Pocket

Credit Karma, an online consumer finance platform with more than 35 million members, today launched a new consumer education website in honor of March’s Credit Education Month to better educate consumers about credit health. The new site, CreditEducationMonth.com, is designed as a first stop for consumers to educate themselves on the importance of actively managing … Read more