All Posts in Credit Reports

Know Before You Go!

July 11, 2011

It’s important now more than ever that you, as a consumer, understand your credit before you apply for a loan. By now, most wage-earning adults in the US are aware of the term “tight credit” – the notion that lenders are lending or only giving the best loan terms, to the best applicants. Those with […]

How Many Credit Cards Should You Have if You Want to Raise Your Credit Score?

May 19, 2011

  At we enjoy helping people understand credit cards, and we frequently get great questions from our readers. Here’s a really smart question written by someone who wants to raise their credit score in order to get a car loan: I’ve never really paid much attention to my credit score, because I only have […]

Credit Card Debate

May 10, 2011

Credit Cards are the subject of continuous controversy. On one side are consumer advocates who encourage the use of credit cards by people who are consistently able to manage their finances without incurring debt. On the other extreme are many personal finance authors who cater to those less able to manage their finances. Their advice […]

Are your protecting yourself against credit card fraud?

March 27, 2011

Due to the recent global economic crisis, credit card fraud has been identified as the #1 fear among Americans above a national health epidemic and terrorism*. Concern of identity fraud supersedes most worries in the country and as a result many people are beginning to take it very seriously. Poor credit can damage your financial […]

Should You Monitor Your Child’s Credit Report?

March 9, 2011

Would you believe there are thieves out there trying to “sell” Social Security numbers to help people boost their credit scores? The FBI says that quite a few of these numbers are actually Social Security numbers belonging to children. Since children must now have their own Social Security number, hackers are finding ways to steal […]

Tips on Showing Your Child How to Use Credit Wisely

March 5, 2011

Starting back in February 2010, persons under the age of 21 will no longer be able to get a credit card WITHOUT an adult co-signer – or PROOF that they have the income to repay the credit card. In the past, credit card companies rushed to college campuses (even some high schools) to sign up […]

Credit Scores- How Your Scores Are Calculated

February 8, 2011

Have you ever been pre-qualified for a credit card, mortgage, or car loan without submitting an application? You may have even been approved online for a loan online within minutes. What makes this possible is by using your credit scores. These scores are used by banks; lending institutions, landlords, and even employers use credit scores to […]