Credit Score & Credit reports

Question from Guy: Can I make a case for disputing my 2x 90 Day past due federal student loans? Both happened after I moved from the address that EdFinancial had on file. The past due happened unexpectedly shortly after the Covid-era student loan payment freeze. I moved in September, and the freeze ended in November, … Read more

Question from Joey: I have $63,000 in credit card debt that I would like to consolidate. I have credit scores between 727 and 747, no late payments, long credit history and a job that pays almost $400,00 a year. I have a pre-approved consolidation offer from a lender which seems fair. My question is this: … Read more

Question from Lori: How to pay off collections and credit cards and remove credit inquiries When dealing with collections, credit card debt, and credit inquiries, it’s important to approach the situation with a clear plan. Here’s how you can tackle these financial challenges effectively. Paying Off Collections and Credit Cards 1. Understand What You Owe … Read more

Question from aaaa: How do I start investing and how do credit portfolios work? Starting your investment journey and understanding how credit portfolios work can seem daunting at first, but with the right approach, it can become an empowering part of your financial strategy. Here’s a straightforward guide to get you started. Starting with Investing … Read more

Question from Robert: Can you find accepted loan Hello! If you’re exploring loan options, it’s important to understand how to find ones that are accepted and suitable for your financial situation. Whether you’re considering personal loans, auto loans, or home mortgages, the right approach can help you secure the best terms and rates. Here’s a … Read more

Question from Sickofcredit: Hi, If my metrics of my credit score are rated as following: -Payment history – excellent -oldest credit like (3yrs) – average -credit usage (0%) – excellent -recent inquiries (11 within the past 2 yrs) – below average -new accounts (3 within the last two yrs) – good -available credit (0) – … Read more

Question from Femme_Mobsters: how much money should i keep on each of my three credit cards of 700, 300 and 300 in order to raise my credit score faster and stay under the 30% factor to avoid negative scores? Hello! Managing your credit card balances wisely is a key step towards improving your credit score. … Read more

Question from Ryan: How can I improve my credit score? Improving your credit score is a crucial step towards financial health and can make it easier to borrow money, secure loans with better terms, and reduce your overall borrowing costs. Here are some widely-accepted practices and guidelines to help you on your journey to a … Read more

Question from Johny: I have been denied every loan that I have applied for over the past 6 months and my credit score is 620 I only have state benefits going coming in at the moment. I have 20 cents to my name and cant use any instant payday app like earning because it doesnt … Read more

Question from Delux: My score is currently a 550 and I’ve been trying to raise it but there is a few items that won’t drop off my credit report even though I’ve disputed them and provided documentation proving that it is inaccurate but yet it stays on my credit report. How do I go about … Read more

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