Do Medical Bills Affect Your Credit Score?

Medical bill debt is a plague that affects millions of Americans. A recent Commonwealth Fund study shows that 41% of American adults had trouble managing their medical bill debts. Problems pile up as such debts have a major impact on credit scores or ratings. In these dire economic times, creditors are becoming stricter about credit … Read moreDo Medical Bills Affect Your Credit Score?

Can You Get a VA Loan With 580 Credit Score?

The benefits that veterans of the US Armed Forces enjoy are better today than ever before, but it would be impossible for these benefits to come anywhere close to rewarding these people for their sacrifice that they made willingly for their country. If you have less than picture-perfect credit score and are wondering if you … Read moreCan You Get a VA Loan With 580 Credit Score?

The Benefits of Having a Good Credit Score and Clean Credit Report

It’s easy to think that bad credit is no problem from the advertisements in the media. However, have you ever examined the fine print on those “easy credit” ads? You’ll discover that people with bad credit and bankruptcies are paying twice, three times, even four times the amount of interest that a person with good … Read moreThe Benefits of Having a Good Credit Score and Clean Credit Report

How You Get Bad Credit and What Lowers Your Credit Score?

“Bad credit” is a term used by credit reporting agencies to describe an individual credit history indicating that the borrower has a high credit risk or describe an individual as being a “high risk” for a loan, credit card, or use of utilities. A credit score or a FICO score below 650 is considered as … Read moreHow You Get Bad Credit and What Lowers Your Credit Score?