Credit Inquiries and New Accounts 101…A Refresher
Credit Inquiries and New Accounts 101…A Refresher Auto Loans by John Ulzheimer Share Share Email There are several reasons you apply for credit: 1) to take advantage of a special offer for a credit card; 2) to purchase a home, auto, boat, etc and 3) because you need additional credit to pay your bills. Most […]
Managing Credit Accounts and Finances for a Loved One
Managing Credit Accounts and Finances for a Loved One Credit Monitoring by David B. Coulter Share Share Email Imagine that the unthinkable happens and your loved one suffers from sudden memory loss or an extended illness. Would you be able to step in and take over their financial affairs? Perhaps you’re in that situation now. […]
How Different Types of Bank Accounts Affects Your Credit Score
How Different Types of Bank Accounts Affects Your Credit Score Credit for Beginners by David B. Coulter Share Share Email Most people know that opening a new credit card account or applying for a mortgage affects their credit score. But did you know that, while it’s rare and situational, opening and closing other accounts — […]
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 […]