Credit Cards
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Actions That Can Hurt Credit Scores
- March 30, 2023
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Reducing Credit Card Debt
- June 23, 2022
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Starting Out With Credit
- October 28, 2021
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Surviving a Late Payment
- March 23, 2021
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Credit Cards and the Pandemic
- February 18, 2021
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Late Payments and Revolving Balances
- March 8, 2018
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
Late payments and revolving balances are the two things that can do the most damage to a credit score. Having a late payment show up on your credit report probably makes sense but can revolving balances really have as much of a negative impact as a late payment? Absolutely. Let’s look at late payments first.
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How Does a Divorce Affect Your Credit?
- February 15, 2018
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
Divorce, in and of itself has no bearing on your credit. However, if you have joint accounts with your ex you could be in for trouble, even if debts are listed in the divorce decree as being the responsibility of your ex spouse. As far as credit is concerned, the divorce decree really has no
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Revolving Accounts – What You Need To Know
- August 31, 2017
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
Revolving balances play an important role in your credit score calculation. The total of your revolving debt makes up about 30% of your credit score. Balances on installment loans don’t have any where near the impact on credit scores as revolving balances do. While having a revolving balance or two can help your credit scores,
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Is Being Debt Free a Good Idea?
- June 15, 2017
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
You’ve sold your home, paid off the car and all your credit cards and even closed most of them. You are completely debt free! This is great…right? Well, not when it comes to your credit score. Believe it or not, being completely debt free can actually hurt your credit scores. While it may feel wonderful
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Starting 2017 Right
- January 18, 2017
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
Christmas is over…the decorations have been taken down and presents have been opened. New accounts have also been opened, credit cards have been maxed out, savings accounts have been drained and probably so has your credit score. And now, here come the bills. Now is the time to look ahead and start doing some damage
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