When we think of credit card debt, we often think the student who is swimming in credit card debt after years of paying for meals, books, and other college expenses that loans failed to cover or the middle class family who carries credit card debt while struggling to keep up with bills and other demands. … Continue reading “Credit Card Debt for Adults and Seniors”

Today, having good credit is more important than ever. With lending regulations becoming tighter, it is usual for only those with good credit to be able to obtain home loans, auto loans, credit cards, or any other lines of credit they may be greatly in need of. Only those with excellent credit are able to … Continue reading “What Affects My Credit Score?”

You’ve just applied for a mortgage or auto loan and your lender comes back with a three-digit number that summarizes your credit worthiness and you have no clue what that number really means. What is the difference between a 540, a 670 and a 780? If you’re not familiar with credit scores then these seemingly … Continue reading “What is a Credit Score?”

It’s important to note that repairing bad credit is a bit like losing weight: It takes time and there is no quick way to fix a credit score. The best advice for rebuilding credit is to manage it responsibly over time. If you haven’t done that, then you need to repair your credit history before … Continue reading “Credit Card Debt? You Are Not Alone.”