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Bad Credit vs Good Credit

The Cost of Bad Credit It’s common knowledge that bad credit scores are detrimental to obtaining loans. But if a loan can be obtained with bad credit, it won’t be issued at the same interest rate as to those with good credit records. For some, t.. Read More

The 411 on FICO Scores

A FICO score is at the root of whether or not you are accepted or denied credit or a loan and whether you will receive higher or lower home and auto insurance rates. Short for Fair Isaac Corporation, the company that invented the credit risk score, t.. Read More

Banks Have the Potential to Make Billions off Your Shopping Data

by Sylvia Burleigh Financial institutions and credit card issuers have found a way to make billions off their customers shopping data without letting them know about it, or charging a fee. Basically, banks are acquiring information about their cust.. Read More

Going Through a Divorce? What You Need to Know to Protect Your Credit History

By Sylvia Burleigh We all know the statistics; half of all marriages end in divorce.  Whether the circumstances that brought your marriage to an end are tragic, dramatic or even amicable – it can be a critical time financially.  At a time of dee.. Read More

The Dodd-Frank Act and Your Credit Score

by Sylvia Burleigh The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law last summer and millions of credit card holders have benefited from much of its regulation.  Consumers now receive notifications for rate or fee in.. Read More

Cut Your Biggest Expenses and Pay Off Debt

By Sylvia Burleigh Since the beginning of the biggest recession since the depression, Americans have gotten creative on how to do a lot with very little when managing their households.  Indeed, when you search  terms such as saving money, credit c.. Read More

The Perfect But Elusive Credit Score

By Sylvia Burleigh Believe or not, some people are obsessed with obtaining a perfect credit score according to a recent CNN Money article. In fact, so preoccupied with getting their score to 850 that the CNN Money website cleverly dubbed them the â€.. Read More

Rebuilding Your Credit Score After the Repair Work is Over

by Sylvia Burleigh If the last two years have shown consumers anything, is that it’s wiser to hold onto those credit cards than to let them gather dust, or else you’ll find yourself with lowered credit lines or closed accounts.  Neither is very.. Read More

Are Secured and Prepaid Cards the Road to Repairing Your Credit?

By Sylvia Burleigh If you’re in the process of repairing your credit, secured cards or prepaid cards might sound like the easy answer to a severe financial dilemma.  If your one of the millions of cardholders in need of credit repair, you underst.. Read More

Four Tips for Avoiding Credit Repair Scams

By Scott Gibson You have likely heard several times in your life the adage, "If it sounds to good to be true, it probably is." You can be assured those words of wisdom apply to avoiding credit-repair scams. Unfortunately, however, some unscrupulous .. Read More