Most people are familiar with how personal credit works. You start with no credit profile, get small credit cards to initially build your credit score, then as your credit grows you can use it to qualify for loans…

There is NOWHERE where it says that a bankruptcy should stay on your credit NOT EVEN 1 DAY. The law states that a bankruptcy HAS to be removed after the 10 year mark. Most people…

Myths About Divorce Decrees Divorce lawyers may tell you that your creditors will accept the divorce decree and relieve you of your ex’s debt. Don’t believe them. When two people jointly apply for credit, they sign a legal…

Understanding why credit repair is not easy and why the process has to be regulated takes a little understanding of the economics driving the credit bureaus; the main three of which are Equifax, Experian, and TransUnion. To…

Unfortunately, the answer is no. If you are unable to negotiate the way the account will appear on your credit report, what will happen is that the debt will appear on your credit report as “Paid”, or “Paid Collection”. This will help your credit score only marginally, but having…

If you take the following steps you are “guaranteed” to see your credit score improve over the next 12 months: 1. Think before you buy. If purchasing something on credit will take you two years to pay off, “it’s not…