Your credit report contains important information about you. It contains your full name, SSN, birth date, driver’s license number, past and present home addresses, and your employment history.
A higher credit card limit gives its holder the opportunity to charge more expenses while keeping credit-to-debt ratio at a low level. Nevertheless, a higher credit line may encourage unnecessary spending, increasing the risk of bad debt. Let’s talk about how credit cardholders can manage their limit more effectively.
This article tackles important information that you need to know about your personal credit report. Check out the following questions and answers before ordering a copy of your report: Is it free to order a copy of your credit report? The Fair Credit Reporting Act of 2003 gives all consumers the privilege to get one..
There is no denying that having an impressive credit score opens more doors of opportunity to people. People with good or excellent credit can easily get approved for loans or credit cards. More than that, lenders are willing to give them the lowest rates possible just to convince them to sign up for their company.
People are aware that credit card fraud and identity theft exist. Surprisingly, thousands of people from all walks of life still get victimized by crimes related to ID theft each year. The Federal Trade Commission has issued a public warning against individuals, groups and agencies who may disguise themselves as legitimate financial resource when in fact, they are syndicated identity thieves.
Learn how to manage your credit score and improve your creditworthiness Think of your credit score as a picture of your credit risk. This picture reflects your risk at a specific5px point in time. A picture does not change; however, when you take another one, you will probably look a little different. Similarly, when your..
If you own a credit card, below are six practical steps on how you can manage your account more efficiently to avoid bad credit: