Credit Score & Credit reports

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