Exclusive Credit Cards Set The Ultra-Affluent Apart

The desire to be part of the in-crowd and sit at the cool table starts sometime around high school for most of us. As we get older, we want (or is it need?) the designer clothes, the luxury car and the friends with all the best connections. From those teenage years on, we want to prove our worth and for the few ...

Your Credit Score Could Rise Due To These Major Reporting Changes

Many Americans could potentially qualify for lower interest rates on auto financing, student loans and mortgage rates as the main three credit reporting bureaus make changes to how they do business. The move is being called the most sweeping industry transformation in more than ten years. According to the Wall ...

5 Factors That Can Make Your Credit Report a Lender's Nightmare

Applying for a credit card, payment plan, or loan of any kind can be a scary process. The paperwork to apply for the loan is long and complicated. Worse still you have to wait and worry about whether they'll approve the loan. Keeping your credit report clean is the easiest way to make applying for a loan easie...

Credit Card Statute of Limitations are Helpful, But Complicated

A statute of limitations prevents legal action after a certain amount of time. In the United States, debt collectors typically have between three and ten years to file suit against you. If they do not file within that timeframe, they lose the right to pursue repayment in court. These laws help ensure that debt c...

Protecting Yourself From Zombie Debt Collectors

zombie debt

The term "zombie debt" refers to any old debt that has suddenly "come back to life" to haunt you. Essentially, these are debts that everyone agrees are too old to collect. If you didn't pay a bill last decade, and no one took you to court over it, then the debt is too old to pursue. If a collection agency contac...

3 Reasons to Submit Credit Card Disputes in Writing!

Recent research shows that one in five Americans has a mistake on his or her credit report. Inaccurate information can create financial hardships that you do not deserve. Just one mistake could make it impossible for you to qualify for low-interest credit cards, mortgages, and other types of credit. If you find...

One Sneaky Trick to Improve Your Credit in Under a Month

  Research from Encore Capital Group and the Urban Institute show that about 77 million Americans have debt in collections. That's a whopping 35% of American consumers who have credit files with any of the three major bureaus. Having an account in collections can do serious damage to your credit report an...

Americans Still Carrying Enormous Credit Card Debt in 2015

American outstanding debt currently stands at $16 trillion. It’s said that in only 7 generations, banks would own every facet of our lives if this scary number continues to rise. Part of the reason why this number is so high is credit card debt, which currently is estimated to be about $15,000 per person. In a...

5 Potential Disasters Caused by a Bad Credit Score

A credit score, also known as a FICO score, is a three digit numerical number that highlights your spending and borrowing habits as it relates to credit. This is an important number that you need to guard with your life because it can play a huge role in determining whether you’ll be approved for a car loan, t...

How To Win A Divorce Like a Champ!

Many couples fight about money. If these fights happen at least once a week, however, that couple has a 30% greater chance of getting a divorce. The worst part? Even a divorce won’t necessarily put an end to fights about money. Here’s a rundown of many common divorce-related financial issues, as well as som...

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