Credit Tips

Identity theft is becoming a rampant problem all over the world.  In fact, the Federal Trade Commission received over 4.8 million identity theft claims in 2020 and they estimate that over 9 million people are victims of identity theft annually. Identity theft occurs when someone gets or steals your personal information and then uses that…

When negative credit items appear on your credit report, they can stick with you like a bad habit… the darn things never seem to go away. Say, for instance, you lose your job or have a financial hardship that causes you to be late on several payment such as your car and a few credit…

If you’ve been paying attention to current economic news, you’re probably aware that interest rates are beginning to creep up.  What you may not know is how your credit scores, combined with higher interest rates, could profoundly affect your household budget. Over the next 6-8 months (or sooner) here’s what we are likely to see…

You hear (and read) us preaching about how low to average credit scores will impact your finances, especially when it comes to large purchases like cars and homes.  So today, let’s look at some real numbers pertaining to credit tiers and mortgage interest rates. The table below shows you average mortgage rates based on your…

When a credit report has multiple negative items on it, credit repair is typically the fastest and easiest way to bring those scores up.  However, if your credit is in good shape and you want to keep building good credit and increase your scores over time, here are a few good habits to form. Review…

It was probably one of our parents who first told us “Good things come to those who wait.”  Chances are, we were wanting something that they either didn’t have or didn’t want to give us at the moment and so they used this phrase in order to buy some time.  Heck, you may have even…