What Is Credit Counseling? Credit counseling is a good resort to manage various debts properly. Generally, credit counseling is professional counseling, provided by various organizations to help borrowers in repaying their debts properly. With the help of these organizations, people can manage their debts and
Every time you apply for a credit card, loan, finance or a mortgage your credit history will be checked. This gives the lender information from which they decide whether they feel you are likely to make your repayments and so whether or not to provide
Consumer credit reports are often used by businesses to help them decide whether to lend money or provide other types of benefits to a particular consumer. Credit bureaus offer credit report information on consumers to interested parties, to enable them to assess a person’s risk
Thanks to a new federal law put into place in September of 2005; everyone is entitled to one free credit report each year. This is so that you can verify that your report does not contain any false information, and so you can see how
Many people in the United States today have bad credit, and the numbers have continued to rise. It isn’t just those who are lazy who end up with bad credit. Many hard-working people who are well-meaning end up in situations where their credit is ruined.
Have you ever wonder why your online application for credit can be approved in 60 seconds? Or get a pre-qualified auto loan for a car without asking you how much is your income? Or why your interest rates on loans are different from the interest
One of the first things young adults need to know when they’re just starting out on the road to the rest of their life is how important it is to build and maintain the good credit rating. In the world we live in today, your
These days most of us avail loans to buy a house, set up a business, or buy a car. Many students take loans to further their education. How soon the loan is sanctioned, the rate of interest and the amount sanctioned will all depend on
Can a bad credit rating save you from bigger problems? Hasn’t it done just that for many young people? I’ll explain how with a couple true stories. Good Credit Rating Story My friend started his adult years with good credit. Soon he was able to
Don’t you just hate it when these big-name credit card companies keep turning down your application for a credit card simply because of some financial mistakes or missed payments that you made in the early years of your career, which adversely affected your credit rating?
