Equifax: Credit Reports & Scores Guide Company Profile: Equifax® Equifax Inc. (Equifax) is a consumer credit reporting agency in the United States and is considered one of the three largest American credit reporting agencies along with Experian and TransUnion....
TransUnion: Credit Reports & Scores Guide If you are like most people and have loans or credit cards. Then your debt-handling habits are tracked, collected and put into reports by the three major credit bureaus. Those reports are then used for credit scores,...
How Much Money to Save for an Emergency How Much Money to Save for an Emergency? An emergency fund is a must-have safety net. CNN reported that nearly 25% of American adults did not Save for an emergency whatsoever. Only 29% had the recommended six months of savings...
5 Steps to Reduce Your Debt: Do-it-Yourself Debt Reduction How do I actually reduce my debt? IMCOne of the most common question that comes up when you find yourself in thousands of dollars of debt is simple — how do I actually reduce my debt?!? The challenge of debt...
Understanding Mortgage Points Mortgage points are not always applied and should be considered as part of a better interest rate. Be aware they are fees paid with your the closing costs on your home loan to lower your mortgage loan interest rate. In other words,...
2019-2020 Gift Tax Rates: I’m Generous, but Do I Have to Pay This? There are a lot of things to worry about in life, but the gift tax probably isn’t one of them. What is the gift tax, how does it work, what are the rules? The gift tax is a tax on the transfer of...
The Best Ways to Loan Money to Friends and Family Try to mix family and money and get ready for a whirlwind of drama. Even though most of us are relatively generous people, and want to help a family member or friend, it’s harder than you think. But the fact is,...
How to Successfully Navigate the Mortgage Process Gather your documents, there’s a lot involved in the mortgage process and what you need to know to get your home loan approved. The home loan process is only part of the equation though. It’s important to take...
Tips for Improving Your Credit: Your Payment History If you’re looking to improve your credit in the long-term, well, then, you’ll want to establish a spotless payment history. Your payment history, also known as payment performance, is the record you’ve established...
Everything You Need to Know About Those Pesky Credit Inquiries You’re wondering how to improve your credit scores, you’ll have to first understand what determines those three-digit numbers. Most credit scoring models factor in five major categories when looking...
8 Ways to Get Out of Debt in 2019 To get out of debt, you need a plan. To help, the Credit.ly team shares these 8 ways you can approach how to pay off debt and leave some, if not all, of your financial burden behind: 1. Gather your data—bills, credit reports,...
Who Are the Major Credit Reporting Agencies? The credit reporting agencies (CRAs), also known as credit bureaus, gather all of your credit information, so it’s wise to be well-informed about their function. Consumer credit history, scores and reports are extremely...
What Credit Score Do I Need to Buy a House? Knowing your credit scores is a good idea for many reasons. Everything can be impacted by how good your credit score is. From qualifying for a credit card or an auto loan to getting utility services or renting an apartment...
Top Late Payment Secrets Revealed Top Late Payment Secrets Revealed. In the complicated world of credit scores there is one fact pretty much everyone assumes is true: Late payments are bad for your credit scores. Negative information like late payments can stay on...
What’s the Difference between Credit Score vs Credit Report? Credit Score vs Credit Report. Have you thought about applying for a credit card? Getting a car loan? Renting an apartment? Whether you’re just starting the process or in the middle of it, you’ve probably...
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.
