Credit Card Debt Settlement Companies May Exacerbate Debt Woes
Debt settlement companies are most often for-profit companies claiming they can negotiate with your credit card company to reduce the amount you owe. Credit card …
Credit Scores
Unprecedented Economic Turmoil Rattle Americans for 2019-2020
The unprecedented economic turmoil unleashed on U.S. consumers since December, by the longest U.S. government shutdown ever, is driving Americans’ bananas, heading to food …
Credit Scores Ubiquitous in American Life Today
Credit scores did not exist in the late 1960s until BankAmericard and Mastercharge cards were mailed out willy-nilly to Americans coast-to-coast, without regard to …
Average Credit Scores Top 700 as Prime Status Remains Elusive to Most Americans
Average credit scores for consumers in the U.S. continue to hover around 700. Over the past ten years, consumer FICO credit scores have increased …
Credit Card Shutdown Will Be Costly – Don’t Get Walled In – Tips for You
If you are a “pawn” caught up in “Great Trump Shutdown” with no paycheck or reduced earnings, then you should take some steps to …
Telecoms Plugin CRAs as Big Hammer to Collect on Past-Due Bills — Impact to Credit Scores Minimal
Nearly one out of four U.S. consumers, who are delinquent on telecom services, such landline or cell phone, cable, and internet, have discovered the …
Credit Reports Now Bigger Threat to Security Clearances Than a Vengeful POTUS
The Department of Defense (DoD) now has 24X7 “eyes” on your credit file looking for past-due bills, excessive debt, collection activity and/or a high …
Closing a Credit Card ??? – Think Twice B4 You Leap — Better 2 Hide in Sock Drawer
Some U.S. credit cardholders mistakenly believe closing credit cards will improve their credit score. In reality it could harm your credit score because it …
U.S. Credit Score Myths & Realities
A significant amount of U.S. consumers incorrectly believe that tax liens (64%), medical collection accounts less than six months old (62%), and civil judgments …
