What You Need To Know About Collection Accounts and Your Credit Score
If you miss payments on an account in your name, the creditor might report the delinquency after a few months. After some time of that delinquency going unpaid, the creditor might begin collections actions or sell the debt to a company that specializes in this area. Not only are collections efforts an uncomfortable disruption to […]
Common Credit Score Errors and How You Can Repair Them
There are a lot of consumers with unknown errors on their credit reports. About 25% of people with credit have an error they don’t know about. They’re typically found when someone is trying to obtain a new credit card, purchase a home or obtain a car loan. In those time-crunched situations, it can get frustrating […]
6 Myths & Facts Tradeline Doubters Don’t Want You to Uncover
You have to be careful what you believe in regards to anything you deal with, but when it comes to financial topics, you need to be extra careful. There’s a lot of information that gets passed around, and some of it just isn’t right. If you’ve never heard of tradelines, you might be trying to […]
Stimulus Payments and Your Credit Score
With so much uncertainty in the world, you may begin to wonder when non-essential businesses will start to operate again. Nobody really knows for sure if COVID-19 is going to have a second wave, and this is making many Americans uneasy. You might also have your own uncertainties you’re dealing with. Will you have a […]
How Do Credit Scoring Systems Consider Authorized User Tradelines?
Many consumers are perplexed as to how tradelines can assist them with their credit scores. These scores tend to be a bit mysterious as there are numerous paths to attaining both poor and good credit. There is not just a single answer, and in many cases, the best course of action for a consumer is […]
Are Tradelines Ethical?
Selling and buying tradelines is a good way to boost your own credit. However, over the years, many economists have raised the question, “Are tradelines ethical?” The main issue raised with tradelines is that people believe they are an artificial method of boosting credit scores and that they give people the ability to access a […]
