Credit Blog – Blog on Credit and Finance


April 17, 2014

Dave Ramsey: Is it bad not to have a credit score?

Category: Credit Score – Tags: , , , – administrator 1:34 am

Dave Ramsey: Is it bad not to have a credit score?News from Peoria Journal Star:

Dear Dave, I�m 20 years old, and I�m trying to get out of debt. However, I�m concerned about what might happen when I�m older and don�t have a credit score. My girlfriend says I won�t be able to get a job or rent an apartment without a good one. Is this true? Ian Dear Ian, [...] Continue Reading…

April 16, 2014

Dave Ramsey: Is it bad not to have a credit score?

Category: Credit Score – Tags: , , , – administrator 7:34 am

Dave Ramsey: Is it bad not to have a credit score?News from Rockford Register Star:
… Read the full article
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Problems with no credit score?News from courierjournal:
Dear Dave,
I’m 20 years old, and I’m trying to get out of debt. However, I’m concerned about what might happen when I’m older and don’t have a credit score. My girlfriend says I won’t be able to get a job or rent an apartment [...] Continue Reading…

April 15, 2014

Topic: Credit score delineations:

Category: Credit Score – Tags: , , , – administrator 1:32 pm

Topic: Credit score delineations:News from 1230 WBZT:
Posted Monday, April 14th 2014 @ 8am
Cheat Sheet Q&A:
Topic:  Credit score delineations:
 
Today’s question: 
I’ve noticed that if the topic of credit scores comes up people seem to say they either have really good credit or bad (occasionally you’ll hear perfect and you know those people are exaggerating).  It got me to thinking though.  What is the 2014 definition of good & bad credit & how [...] Continue Reading…

April 14, 2014

Senate bill would require free credit scores, easier credit report fixes

Category: Credit – Tags: , , , , , , , , , – administrator 3:42 pm

Senate bill would require free credit scores, easier credit report fixesNews from Bob Sullivan.net:

Americans would gain free access to their credit scores and new rights to challenge errors that keep scores low under a bill introduced in the U.S. Senate on Wednesday.
The “Stop Errors in Credit Use and Reporting (SECURE) Act” is sponsored by Sens. Brian Schatz (D-Hawaii) and Sherrod Brown (D-Ohio). The legislation would force the credit industry to supply [...] Continue Reading…

God, Love And A 700 Credit Score

Category: Credit Score – Tags: , , – administrator 1:22 am

God, Love And A 700 Credit ScoreNews from Pulse:

“Nothing will change your life more (in the modern world we live in today), other than maybe God or love, than moving your credit score 120 points!”Did you know that 40% of all employers require a credit check before they will hire you? Which means, no matter how smart or qualified you may be, or how brilliant your now college educated [...] Continue Reading…

April 13, 2014

Here’s Why You Need to Check Your Child’s Credit Report

Category: Credit – Tags: , , , , , – administrator 10:38 am

Here’s Why You Need to Check Your Child’s Credit ReportNews from Fox Business:
Parents have plenty of reasons to worry about how their kids will handle money and credit. How can you get them to save? Will they get a good job when they are on their own? Will they pay their bills on time? How much debt will they rack up if they go to college? Now add one [...] Continue Reading…

Why a Perfect Credit Score Doesn’t Matter

Category: Credit Score – Tags: , , , , – administrator 7:21 am

Why a Perfect Credit Score Doesn’t MatterNews from ABC News:

There are some people in life for whom an A on a report card was never good enough, who idly wondered why they were never above the 99th percentile on standardized tests and relentlessly beat themselves up whenever they came in second.
In adulthood, some of those same people are relentlessly pursuing the highest possible FICO credit score – an 850. [...] Continue Reading…

April 11, 2014

Report: Credit Score Disparities Contribute To Racial Wealth Gap In Illinois

Category: Credit Score – Tags: , , , , , , , – administrator 1:25 am

Report: Credit Score Disparities Contribute To Racial Wealth Gap In IllinoisNews from Progress Illinois:
Residents in predominantly minority communities in Illinois have lower credit scores on average than those in mostly white neighborhoods — and that is a significant contributor to the racial wealth gap, according to a recent report from the Illinois Asset Building Group and the Social IMPACT Research Center at the Heartland Alliance, a Midwest anti-poverty organization.
The credit score gap between white and minority [...] Continue Reading…

April 9, 2014

Senate Bill Eyes Easier Fixes For Credit Report Mistakes

Category: Credit – Tags: , , , , , , , – administrator 7:49 pm

Senate Bill Eyes Easier Fixes For Credit Report MistakesNews from Law360 (subscription):
Share us on: Facebook LinkedIn By Evan Weinberger
Law360, New York (April 09, 2014, 2:47 PM ET) — Senate Democrats on Wednesday introduced legislation that they say would require consumer credit reporting firms to increase the amount of information they provide to consumers, and make it easier to fix mis…………… continues on [...] Continue Reading…

April 6, 2014

Can I Negotiate Medical Debts on My Credit Report?

Category: Credit – Tags: , , , , – administrator 4:38 am

Can I Negotiate Medical Debts on My Credit Report?News from Fox Business:
A reader, Cindy, told us her credit report lists a $ 2,500 bill for some emergency room visits. While she can afford to pay, she would prefer to negotiate to get the bill lower. She thinks the charges were too high.
“They were all ER visits where they overcharged as usual. $ 400 to see the triage [...] Continue Reading…