Monthly Archives: May 2009
Myths About Credit Scores And Credit Reports
Don’t be misled by credit myths. Understand what truly affects your credit score so you can work to improve it. Unfortunately, a lot of credit score myths about fico score ratings get spread around and some of them are just outdated information. Whether you are considering a home loan refinance to take advantage of low [...]
Alternatives to Debt Settlement
1. Obtain a Debt Consolidation Loan as an Alternative to Debt Settlement
All things considered, a debt consolidation loan is certainly not the worst thing you could do; however, to qualify, you must own a home, have some property or have some significant assets to pledge as collateral for the loan. Without that, a loan isn’t [...]
Does Debt Settlement Damage Credit Scores?
Does debt settlement damage credit scores? Simply put, no; however, your ability, or inability, to make payments to creditors will impact a credit score. I am constantly hearing people say that debt settlement damages credit, but that is just not true. In simple terms, debt settlement is a process by which a debt is settled [...]