Have you ever wondered how you can be pre-approved for a credit card or receive an online approval within a matter of seconds? Or why some people are denied for credit while others aren’t? These things are based on a credit score, a three-digit number that creditors use to determine how likely you are to pay your bills on time.
Payment history makes up 35% of your credit score. Since most lenders want to know how timely you are at paying your bills, if you pay them at …

Your credit report contains a significant bit of information about your financial history as it pertains to credit. The information on your credit report is used to determine whether or not a company should extend credit to you. Several pieces of information are included in your credit report.
Personal identifying information such as your name, address, telephone number, social security number, and employer is included on your credit report. Your credit report will contain current and previous addresses and employers. When you receive a copy of your …

Credit Rehabilitation: Debt Counseling
Those who get themselves into financially turbulent waters will sometimes seek a life preserver wherever they can. Sometimes, they reach out to a debt counselor. That can definitely be a wise move.
A skilled debt counselor can offer specialized knowledge gained through experience about which programs are effective and which are bogus. They have seen a variety of fool’s gold offers come and go and know how to separate the real from the merely shiny.
Beyond practical guidance, one of the best values a good debt counselor has to …

Credit Rehabilitation: Choosing a Credit Card
These days it seems that credit cards are the prevailing method of making purchases.  To those who are new to credit, choosing a credit card might seem like a simple task, especially when you are inundated with credit card offers.  However, you shouldn’t apply for just any credit card offer you receive in the mail.
When you are choosing a credit card, it is best to shop around to choose the best card for you.  Since different credit cards have different features and benefits, doing some …