Credit Blog – Blog on Credit and Finance


May 18, 2012

Contrary to popular belief, bankruptcy may help your credit score

Category: Credit Score – Tags: , , , , , , – administrator 7:26 pm

Contrary to popular belief, bankruptcy may help your credit scoreNews from Ahwatukee Foothills News:
Have you heard that bankruptcy will ruin your credit for 10 years? This is a common misconception. The correct information is that the notation of bankruptcy may stay on your credit report for up to 10 years, but your credit score will not suffer that entire time because of it.
In fact, in many cases bankruptcy can [...] Continue Reading…

Your credit report: Why it is important and how to get it for free

Category: Credit – Tags: , , , – administrator 3:48 pm

Your credit report: Why it is important and how to get it for freeNews from newjerseynewsroom.com:
Page 1 of 2
BY JANET L. CRITCHLEY
COMMENTARY
A good credit report could be the key to getting the personal loan or mortgage you want, as well as securing the loan at a favorable interest rate. A typical credit report contains a great deal of personal financial information—information that is used by potential creditors, employers, insurers, [...] Continue Reading…

How to Pump Up Your Credit Score

Category: Credit Score – Tags: , , – administrator 1:20 am

How to Pump Up Your Credit ScoreNews from New York Times:

ONE prescription for avoiding another real estate bubble is that banks tighten up mortgage requirements. Now, a new Federal Reserve report indicates that lenders have indeed been doing just that.

A majority of banks are less likely to offer loans to people with a FICO credit score of 620 and a 10 percent down payment than they were in 2006, [...] Continue Reading…

May 17, 2012

Contact 6: Where to find a truly free credit report?

Category: Credit – Tags: , , , , , – administrator 10:37 am

Contact 6: Where to find a truly free credit report?News from FOX6Now.com Milwaukee:

MILWAUKEE — Do you know your credit score? That number determines whether you can buy a house or get a good car! Your credit report can also show if someone else has hijacked your credit. FOX6′s Contact 6 says there’s one place where you can grab a copy of your credit report — for free!
Doing a simple [...] Continue Reading…

Susan Tompor: Consumers unsure about credit score

Category: Credit Score – Tags: , , , , , , – administrator 7:31 am

Susan Tompor: Consumers unsure about credit scoreNews from Detroit Free Press:
Is someone’s age going to stop them from getting a top-notch credit score? Will whether you’re married, divorced or single be figured into the calculation of a credit score? Does race influence the score?
Far too many consumers give the wrong answer and say ‘Yes’ to those questions. Many incorrectly believe that a person’s age, marital status or ethnicity can [...] Continue Reading…

May 16, 2012

Yes, You Actually Can Get Your Credit Score For Free (Here’s How)

Category: Credit Score – Tags: , , , , – administrator 1:18 pm

Yes, You Actually Can Get Your Credit Score For Free (Here’s How)News from Business Insider:

David Seaman is host of The DL Show and a prominent new media advocate. Follow him on Twitter (new!) and Google+. Previously, David founded the popular credit card deals web site, Outlaw.
Recent Posts
Low Interest Credit Cards: Monster List
Here’s Everything* [...] Continue Reading…

Credit-report errors? Read expert’s advice

Category: Credit – Tags: , , , , – administrator 5:48 am

Credit-report errors? Read expert’s adviceNews from Columbus Dispatch:

The Columbus Dispatch Tuesday May 15, 2012 1:28 PM

Michelle Nixten, consumer complaint specialist with the Ohio Attorney General’s office, and reporter Mike Wagner joined readers for an online chat about credit reports. Here’s the transcript of the chat. We’ll have another credit reports chat at noon Thursday, so get your questions ready and join us at Dispatch.com/chat.
11:48:57 Kelly_(moderator): Hi everyone. We’ll be [...] Continue Reading…

May 15, 2012

Credit Score Misconceptions Revealed

Category: Credit Score – Tags: , , , – administrator 7:33 pm

Credit Score Misconceptions RevealedNews from Mortgage Daily:Although consumers have improved their overall knowledge about credit scores over the past year, they continue to harbor potentially costly misunderstandings, according to a just-released survey from the Consumer Federation of America.Among the most troubling findings: A majority of consumers mistakenly believe that age and marital status are factors used to calculate credit scores. And one in five believes ethnic origin is a [...] Continue Reading…

How much can a bad credit score cost you?

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

How much can a bad credit score cost you?News from Examiner.com:

We all know the key to financial success is having a good credit score. But if you have a bad one how much can that cost you?

The Second Annual Survey of Consumer Credit Scores just released today by the Consumer Federation of America (CFA) and VantageScore Solutions found that over the past year, consumer knowledge about credit scores improved significantly, but [...] Continue Reading…

May 13, 2012

Report: Law on credit-reporting fails consumers

Category: Credit – Tags: , , , – administrator 7:39 pm

Report: Law on credit-reporting fails consumersNews from BusinessWeek:

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LOUSY CREDIT REPORT Card5 x 7 inch premium quality folded paper greeting card. Humor cards for the whole family are available at Greeting Card Universe. S… iBank 4 for Mac [DownloadiBank 4 is an intuitive personal and small business financial manager designed to track bank accounts, credit cards, loans and inv... [...] Continue Reading…