See my research, posts, and articles on credit scores, including how they work, ways to improve them, and common pitfalls to avoid. Click the link to learn more!
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 Boostâ„¢, the company announced today that consumers can add video streaming payment history to their Experian credit reports using Experian Boost. …
Question: Dear Steve, Largely former spouse debt. I have resolved/settled some, but 1/2 dozen accounts dragging credit down into 500’s. Time is a problem for me – have a busy law practice. Could use help to address negatives, and to advise what to pay, when. Greg Answer: Dear Greg, Well, the good news is you’ve …
credit reporting company Experian, they’re growing faster than any other type of debt, with the second quarter of 2019 alone seeing a collective balance of $305 billion in the U.S. Experian goes on to say that this number is double the growth of credit card debt. One of the most popular reasons to take out …
After your Social Security number, your credit score is one of the most significant numbers of your financial life. Your credit score helps decide whether you qualify for loans and what your interest rates will be. Using a credit card can have an impact on your credit score. Everything you do with a card — from …
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 …
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 …
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 …
Establishing a good credit score can be a confusing process, especially if you are getting conflicting advice about the best way to do it. A Credit.com blog reader asked us recently about the best way to build a credit score. He said he plans to start with a secured credit card, but some people are …
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 …
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 …