I thought Id post this question from yeah!!! since a lot of people seem to be asking it lately: I have no credit history cause ive never had a credit card or borrowed money or anything and I want to establish credit now. well I applied for a credit card that required a deposit..secured credit [...]

Here a good question I found in the comments section of a previous post. Maxwell asks us the question: I am trying to repair my credit. currently i am working on paying off my current debts that are in collections i heard its a good idea to get a secured card to help my credit [...]

Critics of a new intellectual property proposal circulating on Capitol Hill worry that it could inadvertently wreak havoc on legitimate e-commerce websites by suspending their ability to accept credit cards. Sponsors of HR 3261, the Stop Online Privacy Act, proposed new rules that would exempt credit card processors, ISPs, and other third-party technology vendors from [...]

So you’ve gotten your free credit score, and you think you’re set. Now you know exactly where you stand, and you know what the credit card companies and banks are thinking about you when you apply for a loan. Right? Um, actually, no. In most cases, the credit score we consumers will soon see will [...]

I don’t know of anyone who purports to like government. Taxes, potholes, lost mail–everyone’s got a gripe. But if you have bad credit you should love government, and you should be concerned about an impending shutdown. These days, home loans for people with bad credit are pretty much limited to government loans like VA, FHA, [...]

A recent study by FICO shows exactly what various credit faux pas cost you in terms of credit scoring, and how long it takes to recover from a mis-step. The bad news is that the effects of late mortgage payments are substantial. But for people with bad credit, mortgage lenders won’t be coming down on [...]

What does ‘credit rating’ mean? It is actually an assessment of the credit worthiness of individual citizens and corporations. Based on this assessment banks and financial institutions approve any credit facility to people and companies. The credit score is a statistical method which helps you to understand the possibilities of a party paying back the [...]