How Long Do Things Stay On Your Credit Report?

How Long Do Things Stay On Your Credit Report?

How Long Do Things Stay On Your Credit Report? Credit takes on a life of it’s own. In many ways, a credit report is a lot like a living thing: It grows and strengthens over time, and when something bad happens, it will eventually heal. The duration of that...
The Ultimate Mortgage Glossary

The Ultimate Mortgage Glossary

The Ultimate Mortgage Glossary The Ultimate Mortgage Glossary. Buying a house is a great way to plant roots, and a first step to financial growth. If you’re looking to buy a home, the first thing you’ll want to do is check your credit, since it’s going to play a huge...
How to Work with a Mortgage Broker

How to Work with a Mortgage Broker

How to Work with a Mortgage Broker How to Work with a Mortgage Broker. Home loans can be obtained from lenders, banks or credit unions—known as mortgage lenders or direct lenders—that make loans to directly to individuals. Residential mortgage loans can also be...
Is Buying a House with Bad Credit Possible?

Is Buying a House with Bad Credit Possible?

Is Buying a House with Bad Credit Possible? Buying a House with Bad Credit? If you’re tired of throwing away your hard-earned money on rent each month, you may be ready to buy a home of your own and begin building equity. Unfortunately, buying a home can be a...
What’s a 15 vs. 30-Year Mortgage?

What’s a 15 vs. 30-Year Mortgage?

What’s a 15 vs. 30-Year Mortgage? What’s a 15 year vs 30 Year Mortgage? Mortgages come in different flavors—conventional fixed-rate, adjustable rate, FHA, VA, 15-year, 30-year and more. Each type and term has its own pros and cons. While you not only have to pick your...
What Credit Score Do I Need to Buy a House?

What Credit Score Do I Need to Buy a House?

What Credit Score Do I Need to Buy a House? Knowing the credit score needed to buy a house Knowing your credit scores is a good idea for many reasons. Everything from qualifying for a credit card or an auto loan to getting utility services or renting an apartment can...
Who Are the Major Credit Reporting Agencies?

Who Are the Major Credit Reporting Agencies?

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...
Top Late Payment Secrets Revealed

Top Late Payment Secrets Revealed

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?

What’s the Difference between Credit Score vs Credit Report?

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 Is a Soft Credit Check?

What Is a Soft Credit Check?

What Is a Soft Credit Check? With a soft credit check your score won’t suffer. Yes, it’s as easy as that. When someone looks at your credit, either for informational or promotional purposes. Your credit score has a great deal of impact on your life. That’s...
What Is a Hard Inquiry?

What Is a Hard Inquiry?

What Is a Hard Inquiry? Your credit score will drop when a hard inquiries are also known as hard pulls occur.  This happens when a creditor checks your credit for the purpose of giving you a loan or credit card. A soft inquiry, or soft pull, is where you or a company...
Everything You Need to Know to Improve Your Credit History

Everything You Need to Know to Improve Your Credit History

Everything You Need to Know to Improve Your Credit History Improve Your Credit History. Understanding credit is what we do best at Credit.ly. Figuring out how to improve your credit score can feel daunting, mostly because getting those numbers to go up can really be a...
Tips for Improving Your Credit: Your Amount of Debt

Tips for Improving Your Credit: Your Amount of Debt

Tips for Improving Your Credit: Your Amount of Debt A revolving debt is a kind of debt that credit cards typically offer, and it is a pretty simple and straightforward way for a consumer to obtain credit. However, there are some slight complications when you begin to...
Improve Your Credit Score

Improve Your Credit Score

Improve Your Credit Score If you are like most hard working people, you may be struggling to get ahead by trying to be approved for a credit card. You may also be disappointed with the rates lenders are offering you, it’s time to take a detailed look at your credit...