CREDIT EDUCATION

Learn how to repair your credit to build a better life.

If you’re aiming to be smart with your money there are many ways you can approach it. Here are three smart money moves you definitely won’t regret in the long run. Pay down high interest debt The most important (in our opinion) of smart money moves is paying off high-interest debt. High-interest debt is easily one of...

It’s common for people to make mistakes regarding their credit without even realizing they’re hurting their credit. Don’t let these three common credit mistakes hurt your credit score. Ignoring your credit The first of three common credit mistakes is ignoring your credit score and credit report. According to the Federal...

If you don’t pay your bills on time, the consequence might be the termination of your services like electricity or your phone, or your account could end up in collections. Even more costly and nerve-wracking, you could sued. There are more than just financial benefits if you pay your bills on time. Late fees  Late fees...

Your income in not a factor in the calculation of your score You credit report tells lenders how well you manage the money you’ve borrowed, which means your income holds no weight on your credit score. However, If you want to apply for a home, auto or large personal loan will often use a combination of your credit...

Credit scoring seems like it should be a straightforward concept. All of the financial information provided to you, however, is confusing. You may see multiple scores and various criteria used by banks, credit card companies, and other lenders. What is your real credit score? Read on for an overview of credit scores...

As children grow into teens and young adults, they begin learning about building good credit habits. Not having the proper guidance can lead young people down a path of building debt and poor money management. Starting at home with some principles for good financial management is a great way for parents to help their...

When it comes to a poor credit rating, there’s no quick fix. It’s kind of like managing weight. It’s so easy to gain weight over a short period of time with poor health habits. Losing the weight is a different story. It takes sometimes 2–3 times longer to lose weight than it took to gain it. Credit scores are...

We know that going through a divorce can be difficult. Not only emotionally, but legally, and financially, too. Don’t let your mixed assets affect your credit report after you file for divorce. Here are some ways to prepare for separating your credit and steps to regain your financial independence.  Remember that your...

Identity theft can ruin you financially if not handled quickly. Looking at your credit reports annually is one way to monitor potential identity theft. If your report contains account information that is unfamiliar to you or if you are surprised by your score, you may need to look into the possibility of identity...

Good news! Understanding your credit is fairly easy and you can use this knowledge to help repair your score and keep it healthy. 35 percent of your credit score is tied to your payment history . If you haven’t had consistent payment history up until now, don’t panic. Part of the credit repair process starts with Park...