Research by home insurer LV=, undertaken by the Centre for Economics and Business Research (CEBR), includes views from over 6,000 adults who were questioned about their experiences in applying for credit cards and other services.
Key findings of the report:
* CEBR analysis based on CIFAS (the UK’s Fraud Prevention Centre) data reveals [...]
Source: StatesmanJournal
A recession-era warning: Be careful your efforts to cut spending don’t slice into your credit standing too.
Advertisement
Setting your credit cards aside and paying only with cash may be a great way to help rein in spending, but it can actually hurt your credit scores.
A lot of consumers aren’t aware of that risk — and [...]
"Thousands now have good credit who never thought they could"
Some frank talk about removing negative items from your credit report. The popular belief is that timely and accurate negative items cannot be removed. That’s BS. The real world experience and what the law says is that any negative item must be removed from your [...]
Get copies of, study, and understand the legal obligations of each party under the: Fair Credit Reporting Act, Fair and Accurate Credit Transactions Act, Fair Debt Collection Practices Act, Fair Credit Billing Act, and Truth in Lending Act. The credit reporting agencies, your creditors, and the collection agencies you will deal with are not going [...]
Opening a new credit account, or closing an old credit account, or paying down certain accounts and not others are things you can control. With the Suze Orman FICO Kit simulator you can manage your credit report score by testing different scenarios and seeing the results to your FICO credit report score immediately. It’s a [...]
