Many people want to know if the agencies that promise to clean up your credit rating are legitimate. The answer is a resounding no. What these organizations often practice is fraud. They swap your Social Security number or other identifying details with those of someone with cleaner credit or no credit at all to allow […]

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When you have decided to change credit card companies, be sure to notify the company of your intention to cancel. Otherwise it may look like you have a lot of credit available to you and you may not get new credit if you seek it in the future. A credit report will list all your […]

A quick word about seeking credit. Too many inquiries for your credit report can harm your credit rating. It may look like you are applying for credit from too many sources and are over-extending yourself. One potential problem for you is that inquiries may be made without your knowledge, even when you haven’t applied for […]

If you find yourself in the financial position of owing more than your assets or having more monthly bills to pay than your income permits, then it is clear that borrowing has gotten out of hand. If you do not have money to pay when a debt is due, you should communicate with the creditor […]