Credit Repair, FICO
So your credit score is 578 – is that good or bad? What does a credit score of 578 say about you? Your credit score reflects your ability to fulfill fiscal responsibility. The lower your credit score is, the larger your risk of having to make a big deposit...
Debt and Collections
So, you’ve heard a bit about ways to protect yourself from identity theft. The research left you with the question, Does freezing your credit hurt your credit score? The simple answer is no. In today’s article, we’re going to explain what a credit freeze does and...
Debt and Collections
Having a low credit score can be detrimental to your financial health. Getting a loan, buying a car or a house can become more difficult if you don’t have good credit. You can increase credit score by 200 points or more if you follow the long-term strategies...
Debt and Collections
A missed payment as a one-time affair won’t destroy your credit. In fact, most places would consider it a normal part of your credit history. However, if you have a history of missed payments, it could cause real trouble for your score. No one wants to ignore their...
Debt and Collections
By now, you’ve probably heard of the Cancelled Debt and Mortgage Forgiveness extension, a new tax bill passed by Congress in February. This tax rule provides relief to those who have faced foreclosure or canceled debts. Essentially, it means you can exclude that...
