Don’t Let Your Vacation Wreck Your Credit

Personal Finance

Don’t Let Your Vacation Wreck Your Credit

Don’t Let Your Vacation Wreck Your Credit

Article Updated by Brian Acton May 22, 2018 Summer vacations are supposed to be carefree and enjoyable, with your biggest challenge being the choice between flip-flops and sandals. But in reality, you need to do a little proactive planning to keep your finances safe. Credit never takes a holiday, and ignoring it on vacation could... Read More

When Can I Get a Bankruptcy Off My Credit Report?

Credit Score

When Can I Get a Bankruptcy Off My Credit Report?

When Can I Get a Bankruptcy Off My Credit Report?

Article updated by Mia Taylor May 21, 2018 Filing for bankruptcy in order to deal with overwhelming debts can be a frightening and confusing prospect. But if you’re among those who have opted to use this approach in order to turn a troublesome financial picture around, you’re probably wondering what the next step should be.... Read More

Understanding Wage Garnishment and How to Avoid It

Credit 101

Understanding Wage Garnishment and How to Avoid It

Understanding Wage Garnishment and How to Avoid It

If you’ve heard horror stories about wage garnishment, you may believe it only happens to “deadbeat parents” or those that owe thousands of dollars in back taxes. In reality, however, wage garnishment can occur for many reasons, so it’s important to understand exactly what it is, and which unpaid debts can leave you subject to... Read More

9 Ways to Build Credit Without a Credit Card

Credit Score

9 Ways to Build Credit Without a Credit Card

9 Ways to Build Credit Without a Credit Card

UPDATE: Article Updated by Brian Acton 3/9/18 Credit cards are one of the best tools around for building credit. They’re easy to use, offer flexibility and (sometimes) rewards, and they directly affect many aspects of your credit score. But you may want to build credit without the help of a credit card. Maybe you have... Read More

7 Myths About Bankruptcy and Your Credit Debunked

Credit Score

7 Myths About Bankruptcy and Your Credit Debunked

7 Myths About Bankruptcy and Your Credit Debunked

UPDATE: Article Updated by Brian Acton 3/7/18 Filing for bankruptcy is devastating to your credit and can cause your credit score to plummet more than 200 points. But for people in dire straits, bankruptcy is a last resort that can help them liquidate assets, discard or pay off debts, and get some financial relief. If... Read More

15 Things Credit Experts Want You to Know

Credit 101

15 Things Credit Experts Want You to Know

15 Things Credit Experts Want You to Know

If you’ve ever argued with your credit card company about anything (and a lot of us have), then you probably know there are a great deal of fine print and hoops to jump through when it comes to credit cards. It doesn’t matter if you’re a seasoned, habitual swiper, or you’re brand new to the... Read More

How Credit Scoring Changes Could Impact the Mortgage Market

Mortgages

How Credit Scoring Changes Could Impact the Mortgage Market

How Credit Scoring Changes Could Impact the Mortgage Market

Changes to the way credit scores are calculated are on the horizon, and for many prospective homeowners, this could be a good thing. For many years, Fannie Mae and Freddie Mac, the government-controlled entities that guarantee U.S. mortgage loans, have required lenders to base creditworthiness of prospective borrowers on FICO scores. Non-bank lenders have argued... Read More

Teach Your Kids to Avoid These Common Credit Mistakes

Credit 101

Teach Your Kids to Avoid These Common Credit Mistakes

Teach Your Kids to Avoid These Common Credit Mistakes

Achieving financial literacy should be a goal for every American. Adults with a firm understanding of personal finance, credit cards, and credit are more likely to avoid money troubles. And financial education is best started in childhood, before most kids have the power to make independent financial decisions. Despite the importance of financial literacy, many... Read More

7 Bad Credit Card Habits You Can’t Afford to Keep

Credit Cards

7 Bad Credit Card Habits You Can’t Afford to Keep

7 Bad Credit Card Habits You Can’t Afford to Keep

Credit cards can be great financial tools if you use them responsibly. You can earn credit card rewards on your everyday spending and build your credit with a positive payment history But if you use credit unwisely, you can dig yourself into a hole of debt and damage your credit score along the way. Here... Read More

How to Know If Your Credit Score Is High Enough to Buy a House

Mortgages

How to Know If Your Credit Score Is High Enough to Buy a House

How to Know If Your Credit Score Is High Enough to Buy a House

If buying a house is on your radar, you’re probably already browsing online listings and saving up for a down payment. Well, there’s one more thing you need to add to your to-do list: improving your credit score. Just like knowing the credit score you need for other big transactions, you should be aware of... Read More

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The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

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