Read the latest advice from our team of experts on everything you need to know about your credit score and credit reports.
Bankruptcy exists in America for many good reasons. But the decision to file for bankruptcy when faced with overwhelming debt is one that most, including myself, consider—again with good reasons—the [...]
Earning an 800 credit score means you’ve done everything you need to do to prove that you are a creditworthy consumer. Here’s what you need to know about having 800+ credit.
Here is a simple fact: Debts, unlike fine wine and my wife, do not improve with age. Unpaid debt doesn’t go away. Until the debt is either paid or forgiven, you still owe the money. This is true even [...]
If you’ve run up a large balance and want to avoid paying high APR, a Capital One balance transfer credit card is an option worth exploring.
Whether closing your only credit card will impact your credit score depends on some other factors.
In the formulas that determine a credit score, how long you have had credit may seem to be a somewhat minor factor. That statement certainly sounds true for the FICO score, which counts this portion as [...]
Many credit card issuers offer their customers free credit scores, and some even provide them to non-customers.
Closing a credit card can hurt your score by reducing your available credit and increasing your credit utilization ratio.
During the pandemic-created recession, when millions of Americans are strapped for cash, you’d think that more of us would turn to credit cards to help tide us over. It appears that just the opposite [...]
So, your credit card application has been denied — here’s what to do next.
