Credit Education

Blogs and Articles

As they say "knowledge is power," and we want you to have as much power as you can! Keeping up on trending topics related to credit scoring and reporting will give you the knowledge needed to stay ahead of the game! We provide these educational articles to our clients/potential clients because it supports our core mission of helping people improve!

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03. Aug, 2016

The Importance of Savings

Food, clothing, housing, utilities, and other regular expenses bite deep into salaries. When unexpected expenses arise, extra cash comes in handy. For example, it makes sense to have funds available for car repair, dentist bills, or other unforeseen outlays. Saving also makes it easier to buy that new car or add an extra room to […]

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03. Aug, 2016

Tips for Eliminating Debt

If you feel overwhelmed by debt, you’re in good company. Research by the Associated Press reveals that 75% of Americans are in debt. A National Foundation for Credit Counseling survey shows one third of American families pass credit card debt from month to month. Some debts are hard to avoid. Houses, cars, and education loans […]

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03. Aug, 2016

Understanding Your Credit Report

Credit reports provide an in-depth analysis of a person’s recent credit history. Credit bureaus compile these documents based on data that banks, credit card companies, and other lenders supply. Credit reports help financial institutions decide if loan seekers are good risks. Some employers use this information to measure a potential employee’s reliability and trustworthiness. Studying […]

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03. Aug, 2016

What is a FICO Score?

The FICO (Fair Issac Corporation) credit scores are the most widely accepted measures of credit across the USA. The vast majority of bank and credit card companies use them to check credit worthiness, and decide what loan terms to offer. A high FICO score makes it much easier to open a credit line on good […]

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03. Aug, 2016

What Is “Bad Credit” ?

Someone in bad credit is likely experiencing financial difficulties. They find it hard to meet payments on loans and credit card charges. In Charles Dicken’s novel David Copperfield, leading character Wilkins Micawber describes a bad credit situation in simple but poignant terms: “Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. […]

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03. Aug, 2016

What is the difference between the 3 Bureaus?

Experian, Equifax, and TransUnion are names of the three main credit bureaus in the USA. They share a common mission but have a number of differences in operating methods. These credit bureaus receive citizens’ credit history data from banks, credit card companies, and other financial institutions. They use this information to compile credit reports that […]

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03. Aug, 2016

Why The Bureaus Suck

It’s easy to understand why tens of millions of Americans with bad credit ratings dislike credit bureaus. Financial institutions use their credit scores to measure a loan seeker’s trustworthiness. A poor credit report with a low credit score stands in the way of that badly needed loan. Firms recruiting for responsible positions often request a […]

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03. Aug, 2016

Renting With Bad Credit – You are thowing money away!

Anyone with bad credit should expect problems receiving a loan. The bank manager worries that giving a loan to someone with low credit. They may default or delay payments. Owners of rental apartments often want to know credit ratings before making the rental agreement. They do not wish to find themselves with a tenant who […]

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03. Aug, 2016

Obtaining Your Credit Report

For those who struggle to make ends meet, a credit report rarely brings good news. Nevertheless, it is important to obtain a copy and go through it with a fine comb. It may not be a pleasant read, but it’s certainly essential. Credit Reports are Essential for Sound Financial Management Credit reports present important information […]

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03. Aug, 2016

Not Getting The Job of Your Dreams Due To Bad Credit – “How Did this Happen?”

The job seeker has all the skills, and the interview goes great. Only a few routine background checks stand in the way of the dream job. Unfortunately, the prospective employer asks to see a credit report. The law gives the right to say no, but this is unlikely to do much for those in a […]

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