The truth about Payday Loans sceIf you’re asking the question, “What is a payday loan,” your not alone. According to the Consumer Financial Protection Bureau, payday loans are short-term, high-cost loans for small amounts. Payday loans certainly...
What Is a VantageScore & Do I Have One? FICO has a little competition. Introducing VantageScore. VantageScore is a credit scoring model that first emerged in 2006 as a joint venture of the major credit bureaus—Experian, Equifax and TransUnion. VantageScore...
The Best Secured Credit Cards If you are starting your credit journey with no credit, or are trying for a fresh start, secured credit cards may be the best thing for you. The best secured credit cards are those that help build your credit. Because, if you have no...
What Does FICO Stand For? What is a FICO Score? Have you heard of the word “FICO”? This funny sounding word is more important than you think when it comes to your Credit Score. The FICO credit score is a credit score developed by FICO. A company that...
5 Steps to DYI Debt Reduction DYI Debt Reduction. Everyone has debt, you are not alone. Let’s tackle the debt problem with five easy steps. The most common question that comes up when you find yourself in thousands of dollars of debt is simple — how do I...
Divorce survival guide Sometimes things just don’t work out. It’s a mess and now your credit needs to be sorted out. Marriage can have a big impact on your credit history. While your individual credit reports still stand, if you combined accounts and...
Signs your identity has been stolen We spend more time online than ever before. From Amazon, to Netflix, Facebook and More. More and more of our lives are moving online, which means the chances of having your identity stolen increases. With all of the information out...
Resolving Billing Errors With the Fair Credit Billing Act As consumers we use our credit cards for everyday purchases,like eating out, online shopping, pumping gas, and everything else you can think of. When errors occur it may not be so noticeable. Do to the amount...
Statute of Limitations On Debt Collection Statute of Limitations On Debt Collection. Negative accounts have a limited life span. The amount of time negative reporting stays on your account is called “Statue of Limitations.” As the Consumer Financial...
What Is Credit & Why Is it So Important? What Is Credit? How it Impacts Your Life Credit – It can be confusing. Creditly can help clear up your questions. Perhaps one of the most misunderstood, and often frustrating things about the consumer credit industry...
What Happens To Your Credit When You Get Divorced? What Happens To Your Credit When You Get Divorced? When couples file for divorce, credit, debit and shared accounts need special attention for the benefit of both parties. When spouses divorce, they not only have to...
Consumer Financial Survey 2009FinancialLiteracySurvey Download the Full 13 Page PDF Here. Financial Literacy: 41 percent of U.S. adults, or more than 92 million people living in America, gave themselves a grade of C, D, or F on their knowledge of personal finance,...
Dispute Letters / Info Sample Credit Dispute Letter Sample Letter Form #1 Date Your Name Current Address City, State, Zip Code Complaint Department Credit Bureau Credit Information Services Credit Bureau Address City, State, Zip Code Dear Sir, I am writing to...
The Fair Credit Reporting Act Download the PDF here. THE FAIR CREDIT REPORTING ACT – July 30, 2004 As a public service, the staff of the Federal Trade Commission (FTC) has prepared the following complete text of the Fair Credit Reporting Act (FCRA), 15 U.S.C. §...
CreditRepair.com Review CreditRepair.com. Consumers seeking a solution to an inaccurate credit report can turn to credit repair companies to get back on the right track. These services strive to help those who need someone on their side when disputing errors with...
What many Americans don’t know is there may be a lot of errors and negative items on their credit report. In fact, it’s reported that as many as one in five Americans have mistakes on their credit report.
