Before you apply for credit for a major purchase such as a house, you should always check your credit score for problems.
Credit scores at the 3 credit bureaus are all about risk. You must have at least one account such as a credit card, that has been open for at least 6 months, which is […]
By the end of 2006, Equifax, Experian and TransUnion will begin using a new standardized credit score system instead of their own individual systems, that should help consumers eliminate confusion about credit scores.
The old FICO score system you’ve probably seen on freecreditreport.com TV commercials operates on a scale of 300 to 850. The new credit […]
Before the Tax Reform Act of 1986, you could actually declare credit card interest as a deduction. Without this deduction, anyone who’s making the minimum payment on a balance in essence, is paying it off with “after tax dollars,” basically money you have already paid taxes on. So this means you are getting ripped […]
You are currently browsing the archives for the Credit category.
