While it can be disconcerting to find a mistake in your credit report, the good news is you can contest errors like these and fix your score. As a financially responsible individual, you should be checking your credit on a regular basis. You can do this by signing up for free credit monitoring on a reputable website like CreditKarma.com, requesting …
You’re working on improving your credit score and being extra careful about paying the bills on time. But, since you don’t see these payments reflected in your score, you might be wondering: Do monthly payments, like utility bills, count towards a credit score? Unfortunately, making your monthly payments will not affect your credit score. However, if you’re delinquent on a …
We all grow up hearing the same financial advice: Spend less, save more and invest early. While most of these words of wisdom ring true, there are lots of widespread money management tips that are actually false. Read on for 7 money myths that might be causing you more financial stress than benefit. Myth #1: Debit is always better …
You probably have life insurance, but what about credit life insurance? It’s not for everyone, and the premiums are higher than regular insurance. But, if you’re carrying a lot of debt it can prevent your family from having to pay off your debts after you pass away. Some lenders will require it, but depending on where you live, the insurance …
Consumers no longer have to pay to use an important tool to help protect their identity. As of September 21, 2018, freezing your credit report at the three major credit reporting agencies is now free. Previously, a consumer had to pay a fee to freeze and unfreeze their credit report. Freezing your credit reports makes it harder for criminals to …
If you really want to build your credit you may have to wait until after graduation, but there are a few ways you can control your credit score now. Pay your bills (and pay them on time), keep your debts low and keep your name off credit card applications. Your credit score is one of the most important and widely …
