Credit scoring doesn't just tell what services you'll be offered and receive but it also shows how better the things you are actually getting. For instance, most credit score reports are representative, meaning the interest rates depends on what will be your credit score.  As to credit cards, if your credit score's too low for the treaty you wanted, you might as well get accepted but offered with a different service.  The intention of this guide is to ensure that lenders and creditors see y...

Credit scoring systems are created by analyzing figures and selecting out distinctiveness that are assumed to relate to creditworthiness. For different purposes, credit reporting agencies use various methods to determine the person’s credit score. Consumer advocates have found it difficult to establish information regarding what factors the models consider in relation to the different credit report bureaus, and to what degree would be included to the person’s credit report. Only until rec...

Many people today find themselves buried under piles of credit card debts. As debts pile up, they find ways to resolve this but only to end up paying even more. That is why it is important that you know what to do in case you find yourself in this situation. Here are some tips on settling credit card debt:

·         Make a budget first – know your monthly budget, list down the things you pay for every month. This will help you see how much money you are spending every month. Making a budg...

The credit card company will hire a debt collection agency that will help them in collecting your debt. However, you should be aware that the agency will do anything to make you pay your credit card debt. They will try to threat you. They will be threatening to file a lawsuit against you. Do not be pressured because they won’t really file a lawsuit, that’s just too much effort for them. Instead, make a deal with them. Make an offer. You’re opening offer should not be more than 25% of th...