Loan modifications are all over the place. There are many questions surrounding them and what the effects on credit can be. This article answers some of the questions that may come up.
How a Loan Modification Affects Credit
By Kevin Redmon
A loan modification may be the solution for many homeowners to avoid foreclosure proceedings. The process involves [...]
There are many programs offering to help you build your credit, but you don’t need to pay for a service. There are simple and easy ways to build your credit fast.
How to Build Credit – The Easier and Faster Way
By David Kamau
The question as to how to build credit is paramount for people who have [...]
Did you know that your credit is affected by your gender? It’s true. Here are some tips for woman to help boost their credit. Some of the tips can apply to men as well.
Five Things Every Woman Should Know Before Signing Any Credit Application
By: Jay Peters
If you are married (or plan to be) I will [...]
Short sales can hurt your credit. I have heard real estate agents say that it doesn’t, but that is not true. This article explains what happens.
How Much Damage Can a Short Sale Make on the Credit Score?
By Rose B
The Obama Mortgage Modification Program is not helping a lot of homeowners keep up with their mortgages. [...]
When you are starting out in the world it is important to also start building your credit. Students must be careful, however, because many credit card companies target students and this can become overwhelming.
4 Reasons Students Should Build Credit
By Tom Tessin
The moment you hear the word “credit’, everyone tells you to stay away. Why [...]
Your credit report from the three credit bureaus is important to keep up to date and accurate. Here are some things to look for inside your credit report.
The Importance of Keeping an Eye on Your Credit Bureau Report
By Jon Arnold
Your credit bureau report is perhaps one of the most important financial documents you can have. [...]
Bad credit can follow you for the rest of your life if you don’t decide to do something about it. This article explains a bad credit reputation.
Having a Bad Credit Reputation
By Jes B
The truth is credit reputation can haunt anyone for a long time. Bad credit history means having a credit rating that is negative. [...]
With foreclosure running rampant in the economy today, I thought I would share and article about how foreclosure affects your credit.
Foreclosure Credit Damage – How Does Foreclosure Affect Credit?
By Bobby Tucker
When a homeowner hasn’t made their monthly mortgage payments for 3 months or more, their lender will usually starts the foreclosure process. There can be [...]
I thought these videos were helpful in explaining how credit scores work.
Here is another one answering common questions.
Protecting your credit can be very difficult if you have way more debt than you can afford. This article discusses two options if you can not afford your car lease payments anymore. Either pay it off in full using credit cards or turn it over and take the hit on your credit.
In either scenario your [...]