inzaratha asked: I bought a house a year ago with my fiance. I have been paying off my car monthly, all bills and mortgage are paid on time each month. I use only a debit card. I tore up all old credit cards as I don’t want to get involved in that scam again. I [...]
Matthew Lloyd asked: Universal credit ratings and credit blacklists are nonexistent. Yes, that’s right. Each company will assess you in their own way, although logically, a bad risk for one company is an equally bad risk for another.Your credit activity is stored by 3 agencies – Equifax, Experian and CallCredit – and you must ensure [...]
Joel Cohen asked: Sometimes liquidating your home equity can be found useful when it is needed for consolidating debt, home improvement or for other expenses. When you contact a bank or financial institution you find that the rates you are quoted are very high due to your bad credit score. Cash out refinance doesn’t have [...]
Julia R asked: I have a 9 year old bankruptcy but since then I’ve been perfect about paying everything on time. I have paid off my mortgage very early and have also paid off the loan on my husband’s car (I cosigned for it). I have Zero debt. Why won’t my credit scrore go up [...]
MIKE SELVON asked: Did you know that 60% of your credit rating is based on the activity within the last 24 months? You may be lamenting over those old collection accounts or an old bankruptcy filing, but if you have since gotten back on track, or plan to get back on track, then there is [...]