There are many credit card debt facts that you should know, but we are going to cover the most important ones to help inform you of what you are facing. Those with these types of debts know the crazy amount of stress that comes along with knowing you owe someone money. They are like loan […]

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One common reason that startup businesses fail is because they lack the capital to get them up and running until the business can support itself. Sadly, many people use advances from their credit cards to come up with the money. It is only natural for people who are starting a business to believe in their […]

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Though the term is often used, what exactly is your credit report? And what information can you and should you glean from it?

For all practical purposes, it is a record of your use of credit, specifically concerned with how you have met your repayment obligations. Most people actually have three credit files from which reports […]

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The debate continues to rage about whether or not consumers’ best interests are served by using credit repair clinics and related firms to help repair, improve or fix their credit scores. Much of the venom about the industry is the result of the small number of firms that have taken financial advantage of their customers […]

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As banks and other lending institutions reevaluate lending standards, one of the issues for many consumers is how to rebuild their credit scores in light of charge-offs that have made their way onto their credit reports.
What are “charge-offs” anyway?
Charge-off is the name given to accounts the creditor has decided are uncollectible, either because the debtor […]

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