Collection calls can be unnerving and intimidating. It’s easy to feel like you have no power in the call. And some (far too many it seems) collection agents use bullying tactics to collect which...
Category: Credit Scores & Credit Bureaus
Your worthiness is not dependent on what other people think of you. Remember that when you enter the credit world. We are all so hung up on our “credit rating”, which essentially is a...
So, you’ve all but destroyed your credit score? What to do next! The steps are actually quite simple. Follow these, have a bit of patience and viola, you will be on the road to financial recovery in no time.
There is a disturbing trend happening in the Credit Counselling Industry. Companies are popping up online with toll free numbers, promises of reduced interest rates and manageable monthly payments.
I always preface a discussion around the credit reporting system by stating how frstrating the system can be. In some ways it is very black and white, yet in others very grey. It is worth knowing the basics about what is on your report, how to check it and how to resolve issues.
The issue of cancelling credit cards that you are not using (or should not be using) is a complicated one. There are advantages and disadvantages depending upon your current financial situation and your future credit goals.