Certain negative items could potentially stay on your credit report permanently. Here are the three exceptions to the 7-10 year limit on negative information imposed by the FCRA.
While it’s relatively easy to slip into credit card debt, it’s a challenge for many to pay off this kind of debt. High interest rates make repayment an uphill battle. With that, it’s best to completely avoid credit card debt if you can.
Is it possible to have too much credit? We answer the question of whether having too much credit could hurt your credit score by breaking it down into three parts: having too much available credit, having too much debt, and having too many credit accounts.
If you have negative feelings around money, or you just don’t know what to do with it, there’s a chance that you might have experienced financial trauma in the past.
Credit reports are an integral part of our financial system, yet many of us are seriously misinformed about how credit reports work. We'll help you understand what your credit report is and why it’s important.