Why Didn’t My Credit Score Go Up After Paying Off A Collection?
Why Didn’t My Credit Score Go Up After Paying Off A Collection? Credit Cards by John Ulzheimer Share Share Email The following question was sent to me by a Facebook friend. If you’ve got a question for me please feel free to send it to me via Facebook or via Twitter @johnulzheimer. I try my […]
Why should I monitor my credit report?
Why should I monitor my credit report? Credit Monitoring by John Ulzheimer Share Share Email There are three key ways to monitor your credit report. One is to obtain your one free credit report annually from each of the three credit reporting agencies – Equifax, Experian and TransUnion. The second is to purchase your credit […]
Payday Lenders Get Warning From CFPB Regarding How They Treat Servicemembers
Payday Lenders Get Warning From CFPB Regarding How They Treat Servicemembers Auto Loans by John Ulzheimer Share Share Email Payday loans are among the most expensive forms of credit available in the U.S. Unfortunately military members often take advantage of these short term, high interest loans that, when annualized, can easily run well over 100%. […]
What happens to my credit if my credit card is lost or stolen?
What happens to my credit if my credit card is lost or stolen? Uncategorized by John Ulzheimer Share Share Email If your credit card has been lost or worse, stolen then the first thing you need to do is to call the credit card issuer. That stops any potential abuse of your card because the […]
Does Buying Your Credit Report or Score Online Lower Your Credit Scores?
Does Buying Your Credit Report or Score Online Lower Your Credit Scores? Credit Cards by John Ulzheimer Share Share Email “John, I have heard in the past that buying a credit report, credit monitoring service or a credit score from any of the retail credit websites will hurt your credit scores. I would like to […]
Paying Off a Collection Account
Paying Off a Collection Account Debt Management by David B. Coulter Share Share Email Settling Old Accounts If you want to make wiser use of credit, then negotiating a settlement for any past due amounts can help you in developing the right mindset for avoiding future debt. However, before you take action, you will first […]
Can Collection Agencies Pull My Credit Reports?
Can Collection Agencies Pull My Credit Reports? Bankruptcy by John Ulzheimer Share Share Email You may be surprised to find out that credit reports can be used to find debtors who have “skipped out” and have left no forwarding address. These individuals can be past due on their bills and cannot pay, so they change […]
Should I close credit card accounts?
Should I close credit card accounts? Credit Cards by John Ulzheimer Share Share Email It’s one of the most common myths related to credit scoring…close credit card accounts if you’re not using them because it will improve your scores. This is one of the fallacies of credit scores that many don’t understand. It may seem […]
Do I have to pay an incorrect credit card bill?
Do I have to pay an incorrect credit card bill? Credit Cards by John Ulzheimer Share Share Email Don’t ignore a transaction on your credit card statement that is incorrect or that you did not make. You are responsible for the transaction, unless you inform the credit card issuer otherwise and they credit your account. […]
Which “Expert” Do You Believe In the World of Personal Finance?
Which “Expert” Do You Believe In the World of Personal Finance? Credit Cards by John Ulzheimer Share Share Email Yesterday I took part in a TweetChat called #CreditChat along with Experian, one of the national credit reporting agencies, and Mint.com. About a quarter of a million Twitter accounts were reached by our hour long session. […]