Buying a car is a huge financial responsibility, from cash upfront to expensive monthly payments. Both new and used car prices are at an all-time high, so this burden isn’t getting easier for anyone. Moreover, car values don’t always hold with the amount you owe on the loan. As soon as you drive a new … Continue reading How to Get a Repo Off Your Credit Report →

Not only does a charge-off look bad on your credit report, it can also keep you from getting approved for loans or credit cards. While getting a charge-off removed from your credit report is difficult, it’s certainly possible. The key is to know what to do and what not to do before you start the … Continue reading How to Remove a Charge-Off from Your Credit Report →

Derogatory marks listed on your credit report can leave a lasting impact on your credit score — and not in a good way. So what exactly does that mean? As the name implies, a derogatory mark refers to any negative item on your credit report. Most stay there for at least seven years, but some … Continue reading What Is a Derogatory Mark on Your Credit Report? →

Any payment made 30 days or more after the due date is at risk of being reported to the three credit bureaus as a late payment. And having your credit report peppered with them can cause your credit score to plummet. Added to that is the fact that the payment continues to show up on … Continue reading How to Get a Late Payment Removed from Your Credit Report →

It’s an unfortunate truth that credit reports aren’t guaranteed to be accurate. Research conducted by the FTC discovered that one in four Americans have mistakes on their credit reports that are significant enough to potentially impact their credit scores for the worse. Even if you don’t think you have a negative item on your credit … Continue reading How to Remove Negative Items from Credit Report Before 7 Years →