FAQ

Question from Henry: What are the best steps to follow in order to improve a bad credit score? Hello! Improving a bad credit score is a crucial step towards financial health and can open doors to better loan terms, lower interest rates, and more opportunities. Here are some widely-accepted practices and steps to help you … Read more

Question from Bacha: I am in Melbourne. I got AUD $15000 credit card and I have used all the money. every month it deducts nearly AUD 300. Why Hello! It sounds like you’re trying to understand why your credit card is deducting nearly AUD $300 every month. Let’s break down the basics of credit card … Read more

Question from Carl Frye: with a credit score of 620 or above can a person be approved by a secure or unsecured loan or free grant? Hello! Navigating the world of loans and grants with a credit score of 620 or above can seem daunting, but understanding your options can make the process smoother. Let’s … Read more

Question from Alejandro: I need to get a bank account and a loan, line of credit, or a government loan for my TX LLC. I am the only member of my LLC. The LLC is 23 months old. Hello, Setting up a bank account and securing a loan for your Texas Limited Liability Company (LLC) … Read more

Question from RAF: I would like to apply for a debt consideration loan to consolidate my existing debt and liabilities. Currently, I have a personal loan with a certain bank amounting to a certain sum and an existing credit card debt with the same bank. I also have a debt with another credit card company. … Read more

Question from Martin: I am a 21 year old Belgian student. I live in Belgium and would like to take out a loan in Belgium. What are the different credits for students? What amounts are available and at which banks? Hello! As a student in Belgium, you have several options when it comes to borrowing … Read more

Question from Anno: I want to purchase a home under FHA and use the Starter grant for closing. I have to close on this before end of October… I pulled all of my 3 scores and I am sitting with 633 for vantage 3 on TU and Equifax and Experian FICO 8 is 640 with … Read more

Question from mj: I’m officially debt free! What can I do to rebuild credit? Congratulations on becoming debt-free! This is a significant financial milestone. Now, it’s time to focus on rebuilding your credit. Here are some steps you can take: 1. Regularly Check Your Credit Reports Firstly, it’s important to regularly check your credit reports. … Read more

Question from CB: If your credit score is in the low 500s – can you buy a home with a mortgage? Yes, it is possible to buy a home with a mortgage if your credit score is in the low 500s, but it can be more challenging. Lenders often see a low credit score as … Read more

Question from John: I’ve been told I should never ever dispute a credit report error online. Why do you think that is? Hello, Disputing a credit report error online might seem like the quickest and most convenient option, but it’s not always the best approach. Here’s why: Limited Space for Explanations Online dispute forms often … Read more

Question from AM: I am drowning. Thinking about just stopping payment on everything unsecured and making settlement offers as they sue me. My biggest concern is an $18k loan with LendingPoint. It’s on AutoPay. How do I stop them from taking it out? Can/will they call my employer to attempt to collect and if so, … Read more

Question from Jyso: If I use my secured credit card to purchase something and turn around and pay the bill that same day, will that affect the way it’s reported to the credit bureaus ? Background: I got approved for a credit card but a secured one and it’s my FIRST card ever.. but I … Read more