Glossary
A B C D E F G H I J L M N O P R S T U V W A Account Condition – Indicates the present state of the account, but does not indicate the payment history of the…
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Smart Credit Practices
Aside from removing errors, what else can I do to improve my credit score? While removing inaccurate, unverifiable, or erroneous information from your consumer credit report might be one of fastest ways to increase your credit score, there are other…
The Cost of Bad Credit
How much can bad credit really cost me? Having bad credit can cost you more than you think. To better understand how much it could cost you, let us take a look at two real-world scenarios. Scenario One – Auto…
Benefits of Credit Repair
Does it really matter if I have errors on my credit report? Absolutely! It is very important to fix errors found on your credit report so that only correct and accurate information is being reported. First, your credit score can…
Credit Repair Basics
I have checked my credit report and noticed it contains errors. Why is that? The credit bureaus are responsible for collecting credit data for over 250,000,000 consumers. This is no easy task and mistakes can happen. Since the credit bureaus…
Consumer Credit Protection Acts
What is the Truth in Lending Act (TILA)? The Truth in Lending Act is designed to protect consumers when dealing with potential creditors. It requires credit companies and lenders to provide certain information prior to processing a credit or loan…
Credit Basics
What is credit? Credit is money that you borrow to use towards the purchase of goods and services. This borrowed money is provided to you by a credit grantor whom you have agreed to repay. The money is repaid based…