Explaining Charge-Offs and How to Recover
A charge-off occurs when a company believes you will probably not pay back the money you owe on a credit card or loan. They mark this debt as “charged-off,” and typically occurs after... read more »
Need a better understanding of bad credit and how to fix it? Our finance experts have put together a series of step-by-step guides on a variety of bad credit related subjects.
Featured
1,368 views
9 min read
The Consumer Credit Protection Act (CCPA) is a federal law in the United States enacted on May 29, 1968.... read more »
Charge-Offs
845 views
13 min read
A charge-off occurs when a company believes you will probably not pay back the money you owe on a credit card or loan. They mark this debt as “charged-off,” and typically occurs after... read more »
Economy
4,912 views
13 min read
It’s hard to plan for the future if you don’t know where you are today. That common-sense assertion is why consumer economics experts are essential to understanding the financial... read more »
Credit Checks
6,409 views
11 min read
A credit check consists of reviewing your consumer credit reports and the credit scores derived from the information found on those files. When a company wants to know how much risk it... read more »
Credit Scores
14,269 views
5 min read
For at least the last 19 years, the company known as FICO, my former employer and the company that invented credit scores, has published reports on average credit scores. In 2005, the... read more »
Credit Repair
6,897 views
15 min read
Credit repair is a process that addresses errors and negative items on your credit reports. It can include identifying misinformation, disputing and removing inaccurate information, and... read more »
Secured Credit Cards
12,888 views
23 min read
A secured credit card is a type of credit card that the cardowner backs with a cash deposit that typically serves as collateral for the credit line. This makes secured credit cards... read more »
Credit Scores
15,371 views
5 min read
The world of consumer finance is loaded with data, statistics, trends, acronyms, and averages. It’s truly a numbers-driven industry. As it pertains, specifically, to credit reports and... read more »
Credit Scores
20,160 views
15 min read
Bad credit means your credit score is low — generally considered anything below 600 — because you’ve had problems paying bills or loans on time or you’ve previously filed for... read more »
Mortgages
22,021 views
3 min read
The world of mortgage interest rates has been on quite the roller coaster over the last few years. Mortgage interest rates for garden-variety 30-year fixed rate mortgages went from... read more »
Budgeting
25,155 views
3 min read
March is National Nutrition Month and a good time to think about how you can add more healthy foods to your diet. But unfortunately, grocery prices have remained stubbornly high even as... read more »
