Credit Scores

When you have debt (or had it in the past) you’re usually very aware of what your credit score is. While having debt can hurt your credit score, there’s no reason to expect your score to be bad forever. In fact, if you get on track with your payments and start making progress toward becoming debt free, your score will improve quicker than you could imagine! The posts below will help you learn about the relationship between credit scores and debt.

How Long Does a Delinquency Stay On My Credit Report?

When life gets crazy, it can be hard to keep track of payments, and occasionally one slips through the cracks. At the same time, despite our best intentions, we sometimes find ourselves unable to make a payment for financial reasons. No matter what the cause, a delinquent payment is never fun for a borrower to deal with. First, you have…

ReadyForZero PLUS Credit Now Shows Credit Scoring Factors!

» Try ReadyForZero PLUS Credit Now There are a few numbers that probably standout in your financial world. Your bank account balance for one. Maybe your savings or amount of debt. But one number that pops up time and time again is the ever ubiquitous credit score. As you probably know, your credit score is a number that carries quite…

What Is a Good Credit Score for Renting an Apartment?

Like any good financial writer and blogger, I love talking about money. Everything interests me when it comes to personal finances. If I know something, I enjoy sharing my knowledge on the the subject. If I don’t know about a particular topic, I want to find someone who does understand it so they can teach me. While most people consider…

Does Paying Off a Loan Early Hurt Your Credit Score?

In the world of personal finance, there are few subjects as engrossing as the credit score. Financial services providers want to know how consumers will handle credit, and are obsessed with checking credit. Consumers themselves are interested in keeping their scores in tip-top shape so they can save money by getting access to the best interest rates and other good…

Can I Return My Car to the Dealership?

Have you ever been excited to buy a brand new car only to find out that the added taxes, insurance and other fees bumped you well over the “sticker price”? This leads to car owners getting behind on their auto payments and wondering what they can do to get out of the situation. Can you relate? Do you simply want…

What Does APR Mean?

What does 0 APR mean

Unless you’ve just woken up from a 100-year sleep, you’ve heard the phrase “APR” mentioned in countless car commercials, radio ads for home loans, credit card offers, and other forms of communication. But what does APR mean exactly? Well, there’s the short answer and the long answer. The short answer is that APR stands for “Annual Percentage Rate.” But you…

How Does Credit Card Interest Work?

How does credit card interest work?

If you own a credit card – or if you’ve ever thought of applying for one – you have probably asked yourself: how does credit card interest work? At first glance it seems relatively simple. But the details can be confusing. So we thought it would be useful to explain exactly how credit card interest works… How Credit Card Interest…