Congratulations on the purchase of your new home! You’re feeling great and ready to start making it your own. You decide to apply for a no-interest credit card to help fund your new décor to give yourself a little breathing room. But to your shock, you are denied. How could this be? How could you
Credit Repair News
Congratulations, you’ve paid off an old collection and are on your credit repair journey to excellent credit. You’re doing the right thing, but you’re wondering why your credit score dropped. Well, you’re not alone, it’s part of the process, and your score will get better over time. The reason your score dropped after paying off
So you have a collection, and you’re wondering if it’s better to pay in full or settle. It’s a common question and a good one. When you’re thinking about credit repair and saving your credit, you want to make the right choice. The reality is, the credit scoring model does not care whether you pay
If you neglected to pay off a credit card or medical bill, a collection account probably showed up on your credit reports. This happens when the original company you owed writes off your debt as a loss, then sells it to a debt collection agency. This usually only occurs after you’ve become severely delinquent on
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.