The Ideal Number Of Credit Cards

Some people have the mistaken idea that if you own many credit cards, it can add up to your credit rating. But is this really true? Can multiple credit cards really boost your credit score? To fairly answer this question, let’s talk about how your credit history is calculated in figures. There are basically 5 categories used in calculating the ...

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Credit Repair: A Key To Financial Freedom

credit repair leads to financial freedom

Why Is Credit Repair So Important? You have most likely done damage to your credit, whether you got a card from friends, went on too many shopping trips or were hit by economic pressures. Thankfully, there are things you can do that can help you correct this problem and increase your credit score. Create A Credit Repair Plan Of Action ...

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How To Dispute Errors On Your Credit Report

dispute errors

All consumers have the right to dispute errors in his/her credit report. This right is based on the Fair Credit Reporting Act which became effective in 2003. Disputing errors protects a consumer against fraud and Identity Theft. Thus, in case there are unauthorized charges contained in the report, a consumer can alert the bureau and his/her creditors about them. An ...

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How To Understand Your Credit Report

credit report

There are three major credit reporting agencies that issue consumer credit reports and these are Equifax, Experian, and TransUnion. Each agency works independently and does its own credit monitoring so the report you get from Experian may be a little different from the report you get from Equifax or TransUnion. To ensure accurate reporting, it is recommended to order a ...

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How Unsecured and Secured Debt Consolidation Loans Can Help People

debt consolidation loans

Dealing with debt can be a stressful experience. Sometimes, seeking financial help from debt consolidation loan lender is the best thing to do. Today, let’s discuss how a secured or an unsecured debt consolidation loan can be a solution to your debt problem. Secured Debt Consolidation Loans A secured debt consolidation loan requires the submission of collateral to the lender. ...

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