Credit Repair News

What You Should Know About Co-Signing a Loan

When a loved family member, like a son or daughter, asks you to co-sign a loan for their new $30K car you’re right to hesitate. Sure, you love your children, but more than 30 percent of co-signers get stuck with debt.  There are certainly situations when co-signing is fine, but you should always carefully consider
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How Late Payments Affect Your Credit Scores

Missing your due date and making a late payment is not the end of the world for your credit scores. But, it is something to be avoided as it does negatively affect your scores. Payment history is a factor that’s considered when banks and issuers evaluate your credit risk. A long history of on-time payments
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How to Establish Credit

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When you’re starting out with no credit history and no credit scores you might wonder how you can establish credit. You don’t have a record lenders can look at to judge your creditworthiness so you will typically get offers with high-interest rates and excessive fees. The simplest way to establish credit is to obtain a
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Recovering from Bankruptcy

More than 700,000 people filed for bankruptcy in 2017. You’ve probably heard that a bankruptcy can remain on your credit report for up to 7-10 years. If you have filed for bankruptcy or are considering it there is good news. Credit repair and normalcy doesn’t have to be 7-10 years away. A study published by
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How Much Do Hard Inquiries Lower My Credit Score?

When you’re working on credit repair, or just trying to keep your credit score in good condition knowing how hard inquiries impact your score is important. Hard inquiries are also known as “hard pulls” and generally occur when a financial institution checks your credit when making a lending decision. Most commonly they take place when
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