Financial management may require you to rebuild credit, especially if you have gone through a tough financial time or lost your job. Consumer proposals may prevent you from having to file for bankruptcy but will require rebuilding credit We have gathered some tips to help you rebuild your credit score faster than you think. How …
Are you looking for financing but have less than perfect credit? Getting a car loan with bad credit won’t be the easiest thing you’ll ever do, but it’s possible. Repairing your credit by paying off old debts and establishing a pattern of responsible credit card use may be a better way to approach a major …
Seven Tips for Financing With Less than Perfect Credit Read More »
You probably know that skipping bill payments can drop your credit score. The reverse is also true—paying your bills on time can positively impact your credit. But that’s only true when creditors or others report to the credit bureaus. Find out what bills help build your credit—or potentially harm your credit—below. What Bills Affect Credit …
Overwhelmed with debt? Whether it’s unpaid credit card debt or medical bills, you might feel like you have nowhere to turn. In fact, you might be so desperate that you’re considering extreme tactics—like moving out of the country. If you’re seriously considering uprooting your life just to avoid debt, you probably have a few questions. …
Can Debt Collectors Follow You to Another Country Read More »
Because 35% of your credit score relates to paying your debts in a timely manner, becoming so late on payments that the account is charged off can have a significant negative impact on your score. It also looks bad to future creditors because it indicates you might not pay all your bills. Find out more …
How Much Does a Charge Off Affect Your Credit Score Read More »
Passing a rental credit check doesn’t have to be stressful if you prepare in advance. Before applying for a lease, be sure to check your credit report and fix any errors, gather pay stubs or bank statements to verify your income. You can also talk to friends or family to find a willing cosigner, save …
Top Ten Tips for Rental Credit Check Success – In 2023 Read More »
You might have heard that bankruptcy gives you a clean financial slate, but that’s not exactly accurate. For those experiencing serious financial distress, bankruptcy can be a way to eventually restart. Depending on your financial situation, you can get rid of debts or restructure them. But this doesn’t give you a clean slate, especially on …
Bankruptcy Stays on Your Credit 10 Years and Other Myths Read More »
Why does the credit repair industry exist? It’s actually pretty simple. As long as data is being collected for credit reports, there’s room for mistakes. And those mistakes can have a big impact. They could be the difference in someone qualifying for different credit lines or not. So credit repair, consumer credit and credit bureaus—they’re …
The History of the Credit Repair Industry and Why It’s Still Important Today Read More »
Stay in Touch With Us
Get latest from The Financially Independent Millennial in our Friday Newsletter
