Foreclosure is a legal process in which a lender repossesses a property due to the borrower’s inability to make the required monthly mortgage payments. This process can have a significant impact on your credit score, as it is a negative mark on your credit history. A foreclosure can lower your credit score by several hundred … Continue reading How to Remove a Foreclosure from Your Credit Report →
A credit inquiry occurs when you apply for a loan or credit card and authorize the creditor to access your credit report. Once an inquiry is pulled, it is listed at the bottom of your credit report. This allows future creditors to see how much credit you have requested in the past two years. Your … Continue reading How to Remove Credit Inquiries from Your Credit Report →
At least once a year, you should review your free credit report from each of the three major credit bureaus to ensure all your credit history and payment history are accurate. What is a credit dispute letter? A credit dispute letter is a written request to a credit bureau to investigate and correct errors on … Continue reading How to Write a Credit Dispute Letter →
Bankruptcy is a serious financial event that can have long-lasting consequences on an individual’s credit score and overall financial health. To begin rebuilding your credit and financial stability, you must take steps to remove bankruptcy from your credit report as soon as possible. In this article, we will discuss strategies for removing bankruptcy from your … Continue reading How to Remove a Bankruptcy from Your Credit Report Early →
Many people work hard to maintain good credit and a healthy financial profile. The credit report is like a report card for your finances and it, combined with your credit score, controls almost everything that you do financially. It can determine whether you can secure a mortgage, buy a car, or get a credit account. … Continue reading How Long Do Negative Items Stay on Your Credit Report? →
