Apps such as Affirm, Afterpay and Klara do not require a hard credit check as is needed to apply for credit cards, so they do not appear on credit reports. They generally charge late fees rather than interest. Using these apps will not help credit scores since the apps do not report to the credit  … Read More

The cost of adding a teenager to your car will go up considerably in 2022. This increase will be more than the added cost of any other life event, including getting into and accident of a DUI. Examine your policy carefully with your agent and ask about discounts. Some areas of discounts may include bundling  … Read More

When spouses apply for loans together, data from both spouses may be taken into consideration. When couples apply for a mortgage, lenders may pull credit scores for both spouses from all three credit bureaus- Equifax, Experian and Transunion. They will use a formula mixing the scores to decide on the interest rate. For other loans,  … Read More

The biggest credit reporting firms will remove medical debt from consumers’ credit reports. Beginning in July, 29222 the companies will remove medical debt that was PAID after sent to collections New UNPAID medical debts will not get added to credit reports for a full year after being send to collections. The firms are also planning  … Read More

Under new rules, debt collectors can now contact you by email, text messages and social media, in addition to phone calls and mail. They must identify themselves and any messages they send must be private. In other words, they cannot report your debt on Facebook or Twitter. Under the new laws, debt collectors cannot attempt to contact  … Read More