What to Do If You Are Sued for Credit Card Debt For example, when you default on credit card debt, the major consequence could be a lawsuit.Hold on. Can a credit card company sue you? Yes, it can. Make Sure You [...]
How do credit cards work? Credit cards provide a line of credit you can borrow against, but you don't have to pay back your entire balance all at once. You can use your credit card to make purchases, take out [...]
Credit card fees and penalties What is the maximum allowable APR on credit cards? It’s a popular misconception that state usury laws protect borrowers from high interest rates on their credit card debt. Credit card issuers scored a sweeping victory [...]
Disputing Errors on Credit Reports Your credit report contains information about where you live, how you pay your bills, and whether you’ve been sued or arrested, or have filed for bankruptcy. Credit reporting companies sell the information in your report [...]
Factors Are What Actually Matters When It Comes to Your Credit Your credit score is basically just a three-digit number that measures how likely you are to repay your debt. Credit scores range from 300 to 850 and are based on [...]
Hard vs. Soft Inquiry: What You Should Know Before a Credit Pull Every time you turn around, someone wants to run your credit. New apartment? The landlords want to see your credit. Applying for a job? Same thing. Oh, and [...]
Types of Companies That Are Looking at Your Credit Report Credit card companies A credit card company can look at your credit report when you apply for a card. However, if you’re a customer, that company can look at your [...]
How to Get Out of Debt: A Step-by-Step Guide Find Out How Much Debt You Owe You can’t develop a debt payment strategy until you know exactly what you’re up against.Write down the debts you have, how much you owe [...]
Guide to Understanding and Improving Your Credit Score Your credit health plays a big role in your financial future. Strong credit health can help you qualify for loans with low interest rates, saving hundreds or even thousands of dollars in the [...]
How to Build personal Credit GET A SECURED CREDIT CARD If you’re building your credit score from scratch, you’ll likely need to start with a secured credit card. A secured card is backed by a cash deposit you make upfront; the [...]
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