We all know that paying our bills late can damage our credit score. And most of us know that having too much debt is a challenge, too. However, there are some seemingly harmless things that can harm your credit as well. Here are some surprising things...
Credit is the ability of someone to borrow money. It is simply to get something now and pay for it later on. Business credit is important just like personal credit. If you consider business credit as personal credit, then it is important to answer the...
Tradeline is the general term that is used by the reporting agencies to describe the credit accounts listed on the credit report. For each account, there will be a separate tradeline that may include some useful information about debt and creditor. It is established on...
If you’re like most people, then when it comes to borrowing money, your primary concern is your own credit score – and it should be – but it’s not the only factor involved. The average national FICO score is also a factor, and for the first time, it’s...
Credit Scores and Getting a Job Getting a job in today’s economy is hard enough as it is. There’s very few openings, hundreds of applicants applying for the same position, and the job may not even what you dreamt of doing high school or college graduation....
Obtaining Your Credit Report You can get your credit report for free. No, there’s no gimmick. There’s a law requiring the three major credit bureaus (Equifax, Experian, and Transunion) to give you a free copy each year. However, as you learn more about credit scores you’ll...
Why The Credit Bureaus Suck! If everyone on the planet had one dollar each, these 3 companies would be worth more than the combined population of the Earth. All together, these businesses grossed $8,414,000,000. That’s more than half the gross domestic product of Iceland. They service...