Does Paying the Minimum Hurt Your Credit Score

Credit card bills can be confusing. If everything was straightforward and clear, credit card debt wouldn’t be such a big issue. But it’s not clear, and debt is a massive issue for millions of consumers.  One of the most confusing aspects is the minimum payment, with few consumers understanding how this works, how much damage (if any) it does to their credit […]

Does Paying the Minimum Hurt Your Credit Score is a post from Pocket Your Dollars.

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How Your Credit Score Impacts Your Financial Future

Your credit score is a numerical reflection of your credit history. The score is given as a 3-digit number between 300 to 850 and is an indication of how creditworthy you are. You can get both your credit report and credit score from Annual Credit Report.Com. Generally, a higher credit score increases your credibility to […]

The post How Your Credit Score Impacts Your Financial Future appeared first on Credit Absolute.

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What is Credit Card Churning? Dangers and Benefits

Credit card issuers have consumers right where they want them, lending money at high-interest rates and earning money from many different fees. Even reward cards benefit the issuers, because all the additional perks and rewards they provide are covered by the increased merchant fees, which essentially means the credit card company offers you extra money to incentivize you to spend, and […]

What is Credit Card Churning? Dangers and Benefits is a post from Pocket Your Dollars.

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How to Contact a Real Person at a Credit Bureau

The information that credit bureaus collect affects just about every aspect of your life. Whether you’re approved for a credit card, get a good mortgage rate, can rent an apartment or even get a job – they all can hinge … Continue reading →

The post How to Contact a Real Person at a Credit Bureau appeared first on SmartAsset Blog.

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Fall in Love with Your Credit Score

With Valentine’s Day around the corner, you’re probably thinking about your plans for the big day. Whether you’re celebrating with your significant other or friends, love is definitely in the air. But do you feel that love for your credit score? That’s right—it’s time for you to fall in love with your credit score. And we’re here… Read More

The post Fall in Love with Your Credit Score appeared first on Credit.com.

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Understanding Debt Settlement Letters

If you’re unable to pay back a large amount of debt, you might be interested in learning more about debt settlement. Debt settlement works to negotiate with your creditors to forgive all or part of your debt. Throughout this process,…

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The post Understanding Debt Settlement Letters appeared first on MintLife Blog.

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How to Start Building Credit Once You Turn 18

Good credit is crucial to unlocking many financial opportunities in life. When you have a great credit score, you can get lower interest rates on car loans, credit cards and mortgages. Some employers and landlords even check credit reports before they make a job offer or approve a resident application. While developing a solid credit history… Read More

The post How to Start Building Credit Once You Turn 18 appeared first on Credit.com.

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What Are the Best Loans If You Have Bad Credit?

If you need to borrow money but your credit is less than stellar, it’s possible you’ll wind up with a bad credit loan. These loans are geared toward individuals with imperfect credit histories who can prove their income and ability to repay the loan. As a result of their bad credit, however, consumers who use […]

The post What Are the Best Loans If You Have Bad Credit? appeared first on Good Financial Cents®.

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The Worst Ways to Deal With a Bill Collector

Dealing with a bill collector is never fun and it can be particularly stressful when you’re sitting on a mountain of debt. Sometimes debt collectors fail to follow the rules outlined in the Fair Debt Collection Practices Act. If that’s … Continue reading →

The post The Worst Ways to Deal With a Bill Collector appeared first on SmartAsset Blog.

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Late Payments, Credit Scores and Credit Reports

A missed credit card or loan payment can have a seriously detrimental effect on your credit report. The golden rule of using a credit card is to make your payments on time every time, building a respectable payment history, avoiding debt, and keeping your creditor happy. But what happens when you fall behind with your […]

Late Payments, Credit Scores and Credit Reports is a post from Pocket Your Dollars.

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