Credit bureaus

Medical Debt, New FICO Score Good News or No News

Last week, FICO, the nation's top credit score provider, announced upcoming changes to the way some debts impact your credit score. This could be good news for thousands of people, if lenders adopt this new model.

Posted on December 23, 2016

Urban Institute Study Raises the Question of Why People are not Reaching Out for Financial Help

People may be hesitant to reach out for help due to misconceptions about financial counseling. Here are some of the false beliefs that consumers admitted in the 2014 NFCC Financial Literacy Survey

Posted on December 23, 2016

You Received the Offer, Now Should You Open the Account?

The news that lenders are sending offers to riskier borrowers should remind you of one truth we all should have learned from the financial crisis seven years ago; just because you can borrow money doesn’t mean you should.

Posted on December 23, 2016

Quick Guide to Better Credit

One of the common questions we are asked is how to improve a credit report. While there are no quick fixes to credit that is less than perfect, there are things you can do to help it over time. This primer is meant to hit the highlights of building good credit.

Posted on December 23, 2016

Credit Report Obstacles, Why We Have to Fight

Improving your credit score is one benefit to undergoing a financial makeover, but for many people it may not be the primary reason. This becomes especially obvious when you learn that you, the consumer, are not a credit reporting agency’s prime customer.

Posted on December 23, 2016

Thieves Target the Love of Grandchildren As a Way to Your Money

Learn what you can do to protect yourself from thieves posing as your grandchildren.

Posted on December 23, 2016

Heartbleed Bug and the Need for Vigilance, Tips for Online Safety

The Heartbleed bug, a virus that made information on so-called “secure” websites insecure, is just the latest piece of news in a longstanding reality that hackers are after your financial data. If there is good news in the revelation of the breach that has been going on for about two years, it’s that what you do to protect yourself from all data theft, works in this case, too.

Posted on December 23, 2016

A New Year, a New Chance to Review Your Credit

Many people change batteries in smoke alarms when the clocks move forward or back. Perhaps you might try the New Year’s holiday to spark a new tradition, checking your credit report. The process is free, simple and could be an easy way for you to accomplish an easily achievable...

Posted on December 23, 2016

How Freezing Your Credit Report Protects You From Identity Thieves

According to the March 5th, 2013 release by the Federal Trade Commission (FTC), identity theft was the #1 consumer complaint in 2012.  In addition, the FTC’s February report states that nearly one in four Americans have an error on their credit reports that is significant enough to prevent them...

Posted on December 23, 2016

National Foundation for Credit Counseling offers Guide to Disputing

National Foundation for Credit Counseling offers Guide to Disputing Credit Report Inaccuracies Consumers should take the lead in examining their credit report   Washington, DC – The accuracy of credit reports has been in the news lately, causing consumers to wonder how error-free their own report is.  Since credit reports are the...

Posted on December 23, 2016