How Long Before a Creditor Can Garnish Wages?
Sometimes life throws us a financial curveball, and we can find ourselves in an unfavorable financial situation. As one struggles month after month trying to scrounge together as much money as possible, they may find that they always end up with too much month left at the end of their paycheck. As the months go… Read More »
How Do You Get a Credit Card with Bad Credit?
If you have a credit score below 580, you have bad credit, and you will have limited options when choosing credit cards. This is because only a few financial institutions will be willing to take the risk of extending a credit limit they may not recover. Low credit scores mean the chances of approval for… Read More »
What is a Credit Report?
Credit reports are documents that contain your credit history, work history, and intimate personal information. Because there are three credit bureaus used in the USA, notably Experian, Equifax, and TransUnion, there can be differences between these reports. This is because creditors are not required by law to report to all of the credit reporting agencies…. Read More »
What are Credit Bureaus?
For many Americans applying for loans or credit from lending companies such as banks or retailers, creditworthiness plays a key role in determining the success of the application. Creditworthiness is usually determined by an applicant’s credit score, which is in turn dependent on several factors that point towards an applicant’s ability to pay back credit…. Read More »
Can I Get a Mortgage with Bad Credit?
Investing in a home is a major milestone for most people. The property might be eventually passed down through the generations. To purchase a home, however, buyers must qualify for a loan or mortgage. Buyers with bad credit may be wary about their chances with lenders, but there are ways to secure a loan with… Read More »
What is Considered a Good Credit Score?
Banks and lenders check the credit score of an individual before they grant a loan. It’s a crucial consideration that determines whether someone will get a loan. Also, credit scores will determine the interest rates and the loan amount that the lender can offer. Credit scores depend on the credit history, and can dictate the… Read More »
How Do Late Payment Affect Your Credit Score?
Among the things, most people strive to keep positive in life is their credit performance. You will never know the importance of a good credit performance until you reach out to your bank for a loan, and you can’t get an approval. Therefore, meeting your financial obligations early enough as expected should at all times… Read More »
Why Did My Credit Score Drop?
There are many reasons why the credit score might drop, and not all of them are obvious and easy to find. Here is the list of 9 most common reasons for a credit score drop, along with the ways to address the issue. Missed or late payments Payment history is the primary factor affecting credit… Read More »
What’s the Difference Between a Home Equity Loan and Line of Credit?
Human beings are dependent on various sources to get financing for various needs. In most instances, if you own a property you will often choose to use it as a security for financing. Among the top, most preferred financing options preferred by homeowners are home equity loans and Home Equity Line of Credit also known… Read More »
Credit Repair Services in Houston, Texas
Finding reputable credit repair services in Houston can be a harrowing task. On one hand, you can improve your credit and finally be approved for that big loan. On the other, you can fall victim to a scam and make your financial situation even worse. There are a few important things to know about credit… Read More »