Bouncing back after bankruptcy is a journey and those that racked up big credit card debt that was discharged in Chapter 7 or 13 might be gun shy about plastic. However, rebuilding your credit score after bankruptcy is critical and it’s almost impossible to do ...
Although it seems counter-intuitive, the fact is that if you do not use your credit cards, it can (indirectly) harm your FICO score. You might think it’s enough to have a few credit card accounts in your name, that you rarely or never use so ...
Most credit cards offer the option to take a cash advance. Some card issuers send out blank checks you can write that, when cashed, will operate as a cash advance. Others provide a pin number so you can easily take out cash at an ATM ...
Is your credit score above average?
Image Source: StockSnap.io
The latest survey by FICO (Fair Isaac Corporation) shows that, in general, American consumers’ credit scores are on the rise. In case you’re wondering how your credit score compares to others, the average in the ...
Get a better credit score in 2017
Image Source: StockSnap.io
A healthy credit score is critical to be approved for loans, get affordable financing, and pay a lower cost for many types of insurance and utilities. A recent survey by the American Bankers Association ...
FICO score changes may impact the effect of your medical debt on your credit
Image Source: Flickr CC User Jay Gorman
The purpose of a credit score is to help potential creditors and lenders assess whether you’re a good risk for a loan, credit card ...
Take steps to improve your credit score
Do's and Don'ts for Credit Cards
Habits to improve your score after bankruptcy. Image Source: Flickr CC User Julie RybarczykImproving your credit score is never more important than after you get a bankruptcy discharge. Just as healthy dietary and physical habits can keep your body in good shape, healthy financial ...