Your credit score is more important than ever today. Employers, landlords, and college admissions offices will look at them as part of their screening process. Many employers will look at them before hiring a new employee. On top of that, of course, banks will base most of their credit decisions and loan approvals heavily on […]
According to Equifax, a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminal hackers exploited a U.S. website application vulnerability to gain access to certain files. Based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017. The information accessed primarily includes names, Social Security numbers, birth dates, addresses and, in […]
It is important to monitor your credit report at a minimum of once per year. This way, you’ll regularly be able to spot any mistakes that occur on your report that could adversely affect your financial well-being. Use this simple process to locate errors on your credit report and correct them quickly: 1. Go over […]
Most people know that you can access your credit report once per year for free. What is this report all about though and why is it so important? What is a Credit Bureau? A credit bureau is a consumer reporting agency (CRA). They collect facts about how you handle your money, specifically the extension of […]
When it’s time for a new car, you have the option of purchasing it outright, either with cash or by financing it, or you can strike up a lease agreement with an auto retailer. Leasing provides the short-term benefits of a new car without the downside of the latter years of ownership. This avenue of […]
If you’ve ever had your identity stolen, you know the overwhelming feelings of frustration, fear, and stress bubble to the surface. Here are some direct actions to take immediately after your identity has been stolen in order to re-establish your credit. 1. Obtain a copy of your credit report This will be like a road […]
The first step to improving anything is to find out where you stand currently. Obtain a copy of your latest credit report. Once you have a position established to work from, you will know where you stand and you can take action to raise your score. There are numerous companies that advertise a “free” credit […]
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