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Why Your Credit Score Isn’t Going Up

Credit Corp

High Credit Card Balances The amount of credit card debt you have compared to your credit limits, known as your credit utilization ratio, is another crucial factor in calculating your credit score. Solution: Aim to keep your credit card balances low relative to your credit limits.

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How to Use Alternative Data to Build Your Credit Report

Titan Consulting

Rent Bureau , now owned by the credit bureau Experian, electronically compiles rental data from property management companies and individual landlords. Rental agencies and alternative credit providers use the data to screen applicants and establish consumer credit scores.

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How to Start Building Credit Once You Turn 18

Credit Corp

Unsecured Credit Cards : If you don’t have the money to make a security deposit, consider an unsecured credit card such as the Avant Credit Card. This card offers a process that presents you with a credit line based on your creditworthiness before you apply.

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How to Start Building Credit Once You Turn 18

Credit Corp

Monitoring your credit is one of the best ways to learn what will positively or negatively impact your scores. You can check your credit report for free annually with each major credit bureau. As you review your report, look for any negative or inaccurate information that could be screwing up your credit.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On May 1, the Federal Trade Commission (FTC) announced a permanent ban from debt relief telemarketing for operators of debt relief scam. The FTC charged the defendants with taking tens of millions of dollars from people by falsely promising to eliminate or substantially reduce their credit card debt.

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What is Debt Consolidation and How Does it Work?

Better Credit Blog

You can combine credit card debt, car finance, personal loans, student loans, medical bills, payday loans, and other types of unsecured debt. But is debt consolidation a good idea for you? Applying for new credit and opening new agreements can temporarily make a dent in your credit rating.