Credit. Is there any word that brings up such simultaneous feelings among consumers of dread, worry, and despair, mingled with hope and that unique feeling that one can simply ask for and receive anything on the planet? Few other concepts can bring forth such strong, opposing emotions as the ability to borrow untold sums of [...]

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Most people get alot of “pre-approved” credit card offers constantly. The current wave of offers includes “cash back”. That is bait that you don’t want to take. I recommend you OPT OUT of prescreened credit card offers!
Usually these offers state that you wil get a check for 1%-5% back on purchases made with the card. [...]

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repinted from ftc.gov [pdf format]
If you’ve ever applied for a credit card, a personal loan, or insurance, there’s a file about you. This file is known as your credit report. It is chock full of information on where you live, how you pay your bills, and whether you’ve been sued or arrested, [...]

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How do lenders determine who is approved for a credit card, mortgage, or car loan? Why are some individuals flooded with credit card offers while others get turned down routinely? Because creditors keep their evaluation standards secret, it is difficult to know just how to improve your credit rating. This Financial Guide explains how, and [...]

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Pay down your credit cards.
Paying off your installment loans may can help your score, but typically not as dramatically as paying down — or paying off — revolving accounts like credit cards. The FICO model and even (from what we understand) the Vantage scoring system now used by the Big 3 weight credit card [...]

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