Rapid Rescoring is the process of updating quickly your account information that is reported to all three credit agencies, which results in an increase in your credit scores. At times this can mean the difference between being approved for a loan and being denied. It is also a better way to get the best rate on the interest charged on a loan.
Preventing Foreclosure – Tips for Recession Strapped Homeowners
September 5, 2009 By
Foreclosure will affect your life much longer than the actual process itself takes. The impact to your credit will remain for years after you’ve lost your home. Foreclosure is never a good option for homeowners who are falling behind on mortgage payments but, unfortunately, sometimes foreclosure becomes the only option.
Student Credit Card FAQ’s
June 5, 2009 By
Just as the word implies, student credit cards are credit cards meant solely for students, many that have not earned a documented income with employment. Credit card issuers are aware of students and their credit challenges so they make accommodations for students when building student credit card offers specifically. Typically, the only restriction when applying for a student credit card is the age of the student, and as mandated by the law of the country, which is typically 18 years old and above at the time of application. In many ways, a student credit card is almost the same as traditional, run-of-the-mill credit cards. But the major difference, is the standard APR, or interest rate, levied for card purchases, which is relatively higher than a traditional credit card APR.
Business Debt Consolidation
April 28, 2009 By
Owning a business is a very stressful endeavor. If you run a small business with less than 10 employees, you’ve probably had to go through a lot of debt to get your operation up and running. If you have a VISA, American Express, or Mastercard you know the high interest rates that can be associated with those cards.
Self Credit Repair – 3 Surefire Tips Guaranteed To Work
April 18, 2009 By
Canadian Credit Reports – Creditor vs. Consumer
February 27, 2009 By
Have you ever wondered how the practice of using credit reports really began in Canada? What kind of situation could have necessitated their development? The history of credit reports didn’t start, of course, until long after the establishment of the credit system itself. Here, we’ll examine why and how credit reports were created.
