Credit – getquickanswers.com
  • Build Good Credit Before Your Next Credit Report

    Having good credit is important. Without a good credit score, you can’t buy a house or a car, get a loan, or get a good interest rate on credit cards. If you have bad credit or no credit, don’t fret! There are several ways you can build your credit...
  • Fix Your Credit Before Your Next Credit Report

    If your credit is on the lower side, it might be time to make some financial changes. About 56% of Americans have bad credit; bad credit can cause you to be rejected for loans or cost extra money in interest. Thankfully, it’s possible to fix your credit on your...
  • Your Credit Score Affects Your Future

    Your credit score is a window into your debt history and can have a vital impact on your financial stability. If you have a bad credit score, you will suffer financial limitations. On the other hand, if you have a good credit score, there many benefits and financial possibilities....
  • How Companies Calculate Credit Scores

    There are lots of different types of credit scores, but most people tend to think about the scores from companies like Experian and EquiFax when they go to apply for a loan. Unfortunately, there is a lot false information about how these scores are calculated, leading many people to...
  • Which Is Better: Credit Repair Companies Or Repairing Your Own Credit?

    7A recent study found that 56% of Americans have bad credit. So if you’re looking for a way to repair your history, you’re not alone. It can be hard to figure out what to fix and how to fix it. To do this you may be considering a credit...
  • Overview of Credit Repair

    Having bad credit is an issue shared by 56% of all Americans, so you’re not alone if you need some assistance repairing your score. Bad credit can be a serious problem and will cost you extra money in the long run. Thankfully, there are ways you can fix your...
  • Teaching Your Teens About Credit and Prepaid Credit Cards

    We all know how important it is to be savvy with our credit. We compare offers, shop around, avoid having too many lines of credit, and other things—all to protect our credit score. This is easier for some people to accomplish than others. The hundreds of college students that...
  • What’s The Difference Between Charge Cards and Credit Cards?

    Even though most people consider a charge card the same thing as a credit card, technically, there are differences. Charge cards and credit cards have different terms, interest rates, rewards, and requirements. So which one is best for you? Of course, the specifics will vary from offer to offer,...
  • Can I Get A Lien Off My Credit Report?

    If you’ve ever heard the phrase “you have a lien on your property”, you know how damaging this can be not only to your financial well being but also to your credit scores. For those that are unfamiliar with liens, here is an overview of what liens are, what...
  • What’s In A Credit Report?

    Almost everyone has a credit card or personal loan, whether it’s because they have borrowed money to purchase a car or a new house. This also means they have credit lines and reports, but most of us have no idea what it contains. Most people ignore the importance of...
  • Things To Know When Comparing Credit Card Offers

    Credit card offers can be overwhelming for a consumer. When multiple credit card companies are giving a person an offer, it is very important to compare all of the offers. Just because a person is given a specific credit card offer does not mean the person should open that...
  • What Are Prepaid Credit Cards

    A prepaid credit card is offered by a financial institution or private company. It is not a traditional credit card because an individual is not borrowing money and paying it back later. Instead, it is similar to a gift card because money is loaded onto it as a form...
  • Secured Credit Cards With Rewards

    Do you have bad credit or no credit at all? Are you finding that a secured credit card is the only type of card you can get? Surprisingly enough, there are many secured credit cards out there, but taking the time to find the one that offers the most benefits...
  • 10 Best Secured Credit Cards

    Secured credit cards are a credit-building lifesaver if you have been unable to get a credit card due to poor or lack of credit. Although you have to make a deposit (which is held as collateral), secured credit cards can not only help you get a credit card but can...
  • Getting A Business Credit Card Even With Bad Credit

    People can get a personal credit card with bad credit, but is it possible to get a business credit card? You might be surprised to hear that the answer is yes. There are no uniquely-designed business credit cards for people with less-than-perfect credit, but businesses can get a secured...
  • Can A Tax Lien Affect My Credit Report?

    April 15 is a date that has significance to everyone who is old enough and required to pay taxes. Paying taxes is one of the few things in life that we absolutely have to do. If you don’t pay your taxes on time, you’ll be subject to penalties and...
  • The Fair Credit Reporting Act

    The Fair Credit Reporting Act is a federal law that creates rights and protections for consumers. It ensures fairness, accuracy, and sound practices in the collection and use of credit reports and other personal financial information. The Congress has amended the law many times since its enactment in 1970...
  • What do Credit Repair Companies do?

    Studies have recently shown that 56% of consumers have bad credit. If you’re part of the 56%, there’s help available. It can be hard to improve your credit on your own, but thankfully, some companies can help repair your credit. Before you decide to hire a credit repair company...
  • Does your Credit Report have an Error? Here’s What to Do

    Preparing to make a significant purchase, a consumer orders a copy of his or her credit report. Upon review, the consumer finds a delinquent loan payment entry for a loan, which one had never taken. It is clearly an error, and it appears that the credit-reporting agency has entered...
  • 3 Ways to Improve your Credit Score Before Applying for your Mortgage

    If you are interested in purchasing a home, ideally you should begin your quest to improve your credit rating at least 6 months before applying for a home loan. It takes time to make any headway on a poor or average credit score. Even 6 months might not even...
  • Who are the Best Credit Repair Companies?

    A good credit repair company may seem difficult to find, but some agencies stand out among the rest. If you’re looking for assistance in fixing your credit, here are the best credit repair companies in business today. Lexington Law Lexington Law has maintained an A rating with the Better...
  • What is a Bad Credit Score?

    Credit scores range from a low of 300 to a high of 850 for both FICO and Vantage Score rankings. The companies that determine credit scores don’t label specific scores as good or bad. Even credit reporting agencies merely review the current market for an idea of what constitutes...
  • What is a Good Credit Score?

    Everyone wants a good credit score. After all, when it comes to borrowing money, a great credit score is the key factor in determining the terms of the loan and how low of a rate you’ll actually get. However, trying to figure out what exactly constitutes a “good” credit...
  • How to Find your Free Credit Score

    Consumers should get a copy of their credit report and review it periodically. A good rule is once every four months. One should read the report and notice activity it describes. One should look at it carefully to ensure that it is accurate. Businesses and employers use Credit reports...
  • Credit Repair Checklist

    So you’re determined to fix your credit. Good for you! A better life lies within your reach. Follow this easy-to-understand checklist to help guide you on your journey towards a high credit score. Step 1: Get a copy of your credit report The first and most important step to...
  • 7 Ways To Spot A Credit Repair Scam

    So you’ve decided to buckle up and set to repairing your credit. You’re looking forward to the easier life that comes with having a good credit score. You’re ready to dedicate yourself to wiping your credit report free of past mistakes and misinformation. But don’t let your eagerness blind...
  • 10 Things To Avoid When Repairing Your Credit

    Avoid these ten common mistakes when trying to repair your credit. Many people commit these errors in the belief they’re doing well, only to find out they’ve set themselves back. It’s especially sad when all you were doing was trying to improve, but you ended up doing the opposite....
  • The 5 Essential Elements Of Your FICO® Score

    When it comes to determining credit scores, credit risks, and interest rates, FICO® the go-to firm – handling over 10 billion credit requests globally. The FICO® Score is a numerical credit rating that has the power to decide whether a request for borrowed capital is accepted or denied. Likewise, interest...
  • Everything You Need To Know About FICO® Scores

    What is a FICO® Score?   A FICO® Score determines the available credit, as well as the guidelines with which credit is given, such as interest rates. It helps the lender determine the risk involved with lending you money. FICO® Scores are calculated from the credit reports from specific...
  • What Can You Get With A Good FICO® Score?

    A good FICO® Score gives you “buying power” – the power to purchase things. Without a good FICO® Score, a lot of your dreams may be harder to reach – like your own home, a dream vacation in the Alps or Hawaii, or that bright red Ford Mustang you’ve been...