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Why Establishing New Credit is So Important By: John LeBlanc On Date: September 15, 2011
Most people seeking help with fixing their credit are really only interested in the bottom line, which for most of them, is raising their credit score. So they seek out any company that promises to help them do just that – fix their bad credit so their score will increase. Problem is, it doesn’t really work like that. |
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Credit Scores at an All-Time Low By: John LeBlanc On Date: July 06, 2011
I just read a recent report from FICO, the firm responsible for calculating and assigning you your credit score, which stated that more than 43 million Americans now have a credit score lower than 599. For those of you that don’t keep track on where that number falls on the Good/Bad Score scale, a score of 599 is pretty bad. Actually, it’s really bad. As in, lenders won’t even give you the time of day bad. And over 43 million people are stuck in this position, in need of serious debt relief and credit repair. |
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