Credit Repair News

Should I Pay My Collection in Full or Negotiate for a Settlement?

Sep 30, 2019

So you have a collection, and you’re wondering if it’s better to pay in full or settle. It’s a common question and a good one. When you’re thinking about credit repair and saving your credit, you want to make the right choice. The reality is, the credit scoring model does not care whether you pay

Details

Why are Paid Collections Still on My Credit Report?

Aug 28, 2019

Credit Repair Education

If you neglected to pay off a credit card or medical bill, a collection account probably showed up on your credit reports. This happens when the original company you owed writes off your debt as a loss, then sells it to a debt collection agency. This usually only occurs after you’ve become severely delinquent on

Details

How Your Credit Balance Affects Your Credit Score

Jul 31, 2019

Credit Repair Education

Do I need to carry a balance on my credit cards to improve my credit scores? How much balance should I carry if any? When it comes to credit repair and credit score maintenance, questions about balance are very common. The best credit card balance is $0, but $0 with no activity is not optimal.

Details

Will Checking My Credit Scores Lower Them?

Jul 01, 2019

Credit Repair Education

Do you want to check your credit score, but are afraid checking will hurt your score? Don’t worry, if you check your credit score yourself, it doesn’t hurt you. As a credit repair company that’s helped many people restore good credit, we get this question a lot. If a lender or credit card issuer checks,

Details

Should You Close Credit Card Accounts You’re Not Using?

May 31, 2019

Credit Repair Education

Are you tempted to close that credit card in the back of your wallet that you haven’t swiped in years? If you’re not paying an annual fee on it, you might think twice before closing the account. There are few one-size-fits-all answers in the world of finance, and there’s always pros and cons with financial

Details