All Posts Tagged With: "credit score"

Banks may be using social networking sites to determine whether to extend, take or deny you credit. If you have these social networking sites you use often, you may actually be doing more damage to your credit.
Managers and coworkers may also be using these sites to determine “problem” workers. In these hard economic times you [...]

It’s becoming easier to feel as if your credit score defines who you are.  It’s the number one tool used when a lender is deciding whether or not you should be given credit; but it’s also becoming commonly used by the car insurance companies as a factor in how much you pay for your car [...]

It is easier than ever to get credit these days and that is not a good thing. The credit card companies, like Visa,  used to promote their products to people who were able to pay off their bill each month without concern. However, companies now reap more rewards from those customers who can not make [...]

If I were to rename this series, I would use the phrase “The Good, The Bad and the Ugly.” Thus, last week’s article “Manipulate Your Credit” would become “Changes for Good Credit.” Next week’s “Cleaning Your Report” would become “Erasing the Bad Credit.” And this article would become “Alternatives for Ugly Credit.” [...]

Paying the bills often hurts our wallets; but did you know paying the bills can also hurt your credit score sometimes?  Many consumers who have an account in collections, charge-off status or delinquency status on their credit reports find that their credit scores actually drop when they pay them off.
At one time in the recent [...]