Tag Archives: Credit Card Debt

How to Fix Your Credit Score

Ken Mohn asked: 570. I was shocked and disturbed seeing the number that I long neglected checking. Must be some sort of mistake. No, that is what happens when you make a credit card payment SIXTY days late. So much … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment

Repairing Your Credit Score and Clearing Derogatory Marks on Your Credit Report

Justin Smith asked: Raising your credit score can be a fairly simple and straightforward process unless you have derogatory marks that need to be disputed (which will be explained below).The reasons for bad credit can be as follows, high balances, … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment

Improve Your Credit Score Before You Get a Florida Refinance

Rony Walker asked: Mortgage companies are reviewing credit scores like never before. This is to avoid earlier mistakes that sent hundreds of homeowners to the brink of home foreclosures. If you’re thinking of relocating to Florida before the summer, repair … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment

how long to improve credit score to 760 or above?

trashelle_miro asked: My credit score is 662. I have around $7,000 in credit card debt, which can be paid in 5-6 months. My husband’s car will be paid off in a couple of months. I just purchased an used Audi, … Continue reading

Posted in Credit | Tagged , , , , , | 4 Comments

Any way to improve credit score w/out applying for a credit card?

Capricorn82 asked: I just very recently paid of all my credit card debt and I have been told to improve my credit I should get another credit card and pay on time (obviously) but I have been denied. Is there … Continue reading

Posted in Credit | Tagged , , , , , | 11 Comments

Can my credit score improve after a debt management program?

Lee Boogie asked: I signed up with a debt management company due to a large amount of credit card debt I accumulated.This was after I read that this can be equivalent to filing for bankruptcy? Is it really that bad? … Continue reading

Posted in Credit | Tagged , , , , , , , , , , | 3 Comments

Factors That Raise Credit Score Fast

Jack Harmon asked: So you need to raise your credit score fast? Well credit scores are a very complicated mathematical formula, but if you understand how they are calculated and the factors that affect your score you stand a much … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment

Does Debt Settlement Affect Your Credit Score

Marie Megge asked: If you’re buried deep in credit card debt, you probably shouldn’t be asking if debt settlement affects your credit score. Instead, you may want to consider if you should really care what your score is. Think about … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment

While settling credit card debt for less than amount owed, how else can I improve my credit score?

sehasara asked: My credit reports tell me I can improve my score by paying down my debt (which is happening slowly) but give little other advice. Also, my credit reports state that some of the debt will drop off in … Continue reading

Posted in Credit | Tagged , , , , , , | 6 Comments

Will Debt Settlement Affect My Credit Score?

Marie Megge asked: It seems as though individuals and families seeking some form of debt relief are seeing a significant amount of information regarding credit card debt settlement. Obviously, this form of debt relief (like all others) has some critics, … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment

How soon will my credit score improve after my debt is paid off?

meowcat asked: I am selling my house (it was an investment property that I am flipping) and using the proceeds to pay off credit card debt that I have incurred while redoing the home. After the house is sold all … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , | 4 Comments

How Does Credit Card Debt Affect My Credit Score?

Laurence H. Michelson asked: If you have looked for information about credit report repair or debt relief, you have probably heard that credit card debt has a negative effect on your credit score. Just about everyone that has problems with … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , | Leave a comment