Debbie Dragon asked: There are attorneys and credit repair “clinics” that claim to be able to remove negative items from your credit file. The service is costly, with some providers charging up to $3,500. It sounds great, in theory, because what’s a few thousand dollars for repaired credit? The trouble with this service is consumer’s [...]
Martha W Woodard asked: If you’re thinking about owning a house, there’s a very important point that loan officers look at when deciding the loan rates of your loan. Your credit score. A credit score is a numerical description of your financial trustworthiness and usually range from 300 to 850. A high number shows potential [...]
Rachel Altman asked: I believe that once you’ve paid a debt, it should be removed from your credit reports. However, the credit bureaus disagree. In fact, by law they are able to report it for up to 7 years from the date it was paid. But, here’s the good news: Also by law, you are [...]
Pamella Neely asked: If you really want to improve your credit score, you need to thoroughly examine your credit bureau reports. You could be paying your bills on time, promptly disbursing your credit card dues and in general exhibiting responsible consumer credit behavior. Still, your scores remain at around 650, that is medium risk level [...]
Jess Peterson asked: Your credit is one of the most valuable assets that you have. Your credit score can determine not only your ability to borrow money and buy a home, but also what types of jobs you can get and whether or not you can even rent an apartment in a good community. More [...]
Tamara Rasheed asked: Are you ready to write a credit dispute letter, but don’t quite know where to start? Well these tips will help you to know exactly what to do so that you can get the deletions you’re looking for.1. Type your dispute letters on a type writer or a computer word processor.Using a [...]
Roy Leadwell asked: A Bankruptcy on your credit report can be devastating for you. If you try to get a this will be the first thing the lender will see and it will show you as not credit worthy. You will hear a lot of people say that it is impossible to remove a bankruptcy [...]
Rachel Altman asked: A bankruptcy can have a devastating effect on your credit score. A bankruptcy listing on your credit reports to many lenders is the only thing they need to see to determine you are completely unworthy of credit.Many people will tell you that it is impossible to remove a bankruptcy from your credit [...]
William S Bailey asked: While it is possible living without a good credit score, it will certainly make your life much harder. All of us need it in order to buy or rent a home, car, have a credit card etc.Credit bureaus hold the keys of our credit score. There are only a few credit [...]