Do I need to carry a balance on my credit cards to improve my credit scores? How much balance should I carry if any? When it comes to credit repair and credit score maintenance, questions about balance are very common. The best credit card balance is $0, but $0 with no activity is not optimal.
Credit Repair News
Do you want to check your credit score, but are afraid checking will hurt your score? Don’t worry, if you check your credit score yourself, it doesn’t hurt you. As a credit repair company that’s helped many people restore good credit, we get this question a lot. If a lender or credit card issuer checks,
Are you tempted to close that credit card in the back of your wallet that you haven’t swiped in years? If you’re not paying an annual fee on it, you might think twice before closing the account. There are few one-size-fits-all answers in the world of finance, and there’s always pros and cons with financial
When a loved family member, like a son or daughter, asks you to co-sign a loan for their new $30K car you’re right to hesitate. Sure, you love your children, but more than 30 percent of co-signers get stuck with debt. There are certainly situations when co-signing is fine, but you should always carefully consider
Missing your due date and making a late payment is not the end of the world for your credit scores. But, it is something to be avoided as it does negatively affect your scores. Payment history is a factor that’s considered when banks and issuers evaluate your credit risk. A long history of on-time payments