What is a credit score?A three digit number that lenders use to decide whether or not they want to lend you money.The higher the score, the better your credit rating. In general, a credit score can range from 300 to 850. Most scores fall within the 600s and 700s. The boundary between a standard Continue Reading →

No, your own requests for your credit report do not affect your credit score. Only those credit report inquiries made by businesses as a result of your applications for credit affect your credit score.It’s perfectly all right [...]

Federal law specifies how long negative information may remain on your credit report. To prevent past errors from haunting you forever, most negative information must be erased after seven years. This includes late payments, accounts that the credit grantor turned over to a collection agency and [...]

Under the Fair Credit Reporting Act (FCRA) you have the right to dispute the mistake with the credit bureau providing the information. You should submit the credit report dispute in writing, providing any proof you have to support your claim. If the credit bureau determines the [...]

You should check your credit report at least once a year to make sure your identity has not been compromised. It’s a good idea to also check your credit report before applying for a Continue Reading →