Credit Repair

How Soon Should I Use A Credit Card After Paying Off Debt?

“How soon should I use a credit card after paying off debt?” This is a question I’ve received lately after speaking with a few individuals about my personal debt payoff journey. While the debt I paid off covered both student loans and credit cards, it was the latter that was the bigger pill to swallow. Not only did it encapsulate…

The Top Three Debt Consolidation Loan Companies Online

A debt consolidation loan can offer you a way to get organized and pay off your debt faster. Put simply, it’s a loan from a company that pays off all your current debts and loans so that you have one fixed payment with a lower interest rate and longer payment term. This isn’t always the best option for everyone, but for…

How to Find a Reputable Secured Credit Card to Rebuild Credit

We get it. We all make mistakes in the past and now we’re in a frantic rush to rebuild our credit scores. The days of having thousands of dollars in credit limit is over and now it seems impossible to even get approved for a credit card. Luckily there are credit cards designed specifically to help people rebuild their credit…

What Are the Best Secured Credit Cards?

While we at ReadyForZero don’t recommend using credit cards, there is one type of credit card that can sometimes be useful for people who are climbing their way out of debt. That type of card is a “secured credit card.” The reason a secured credit card is different than a regular credit card is that it works more like a…

Does Carrying a Balance Help or Hurt Your Credit Score?

You might already be familiar with the fact that your credit score impacts several critical areas in your financial life. A higher credit score can help you to lock down lower interest rates, better mortgage deals, and can even help you to snag an apartment. That being said, does carrying a balance on your credit card help or hurt your…

How Long Does a Bad Mark Stay On Your Credit Report?

Did you cringe the last time you downloaded your free annual credit reports? Or perhaps you don’t even want to look at them because you don’t want to be reminded of the financial and personal messes that have shown up? There’s hope for you yet, because bad marks on your credit report do not last forever. While the average length…

Do-It-Yourself Credit Repair (Without Spending a Dime)

Do It Yourself Credit Repair

Michael Delgado, a Social Media Community Manager at Experian, is the author of this post. Michael helps promote financial literacy on Experian social channels and writes for the Experian news blog. Do you check your credit reports regularly? Credit reports are your credit references, as reported by your lenders. And, unfortunately, some lenders may accidentally report inaccurate information about your payment history. This…

What To Do If Your Credit Limit is Lowered

Have you had your credit limit reduced unexpectedly? If so, you’re not alone. In this blog post we’re going to explain exactly what you should do if you find yourself in that situation. Much of the general public is not yet aware of this, but credit card companies have been slashing credit limits on existing cards since the financial downturn…