Credit Trends: Signs of Life from Subprime Customers By Janet Dedrick Are you confused by what you hear on the news or read in the business pages about the country’s economic recovery? My job involves trying to make some sense or draw conclusions from all…
How to Protect Yourself from Credit-Repair ScamsEquifax Credit TeamIf you’re drowning in debt, you might be tempted to partner with a debt-relief service or a credit-repair company to help you pay down your debt. In recent years, some companies have preyed on consumers’ financial insecurities,…
Making Minimum Payments on Credit Cards Will Cost You in the Long Run By Robin Holland The balancing act of credit card bills, mortgage payments, student loan payments, and car payments is something we’re all familiar with. Sometimes, it’s all too easy to get caught…
Credit Score Changes: How Does Closing an Account Affect My Credit Score? We get tons of questions from consumers about how their credit score has changed. People also want to know how to improve their credit score, and how their financial activity will affect it….
What Do the Credit and Debt Statistics Mean for Consumers? I received a question on the blog entry “Signs of Life in the Credit Universe,” from Faye Taylor, CDPE: I am absolutely amazed at [these] statistics. With all the foreclosures, unemployment and shadow inventory, I…
Avoid Identity Theft: Get in the Habit of Protecting Your Personal Information You lock your door when you leave your house; you hold your purse tightly on a busy street. You probably ask the neighbors to pick up your newspapers when you’re out of town….