Is Credit Piggybacking a Good Way to Raise My Credit Score?
Tuesday, September 27th, 2011
Credit piggybacking is using someone else’s good credit to raise your own score. It works like this: if you find yourself with a low credit score, you probably know how difficult it is to borrow money and how you are penalized by higher interest rates on borrowed money. So how do you raise your credit score quickly? Credit piggybacking. If you are made an authorized user on another’s account, one with a good credit score, your score will raise – pretty quickly – also.
This tactic has been used for quite awhile by parents that wanted to give their children a head start in building their credit history.
Does 37 Days to Clean Credit Work and How Long Will it Take to Increase My Bad Credit Score?
Saturday, August 27th, 2011
How well does 37 days to clean credit work? This is a huge question for alot of people who are considering purchasing this well know self credit repair kit. Below you will find the answer to this question so keep reading to find out!
How Bad Is Your Score To Begin With?
Credit Repair
The truthful answer is that it will work differently for each individual person because there are a lot of variables involved. First you must realize that if your scores are under 500 it will take more time to repair your FICO scores then it will someone with a 635 score. So go into the process with realistic expectations for your situation!
Your Effort Matters
Mortgage Loan Modification – Does it Affect Your Credit Score?
Tuesday, February 1st, 2011
Your credit rating is one of the most important things for you to protect. If you have already fallen behind on payments then you have begun damaging your credit. If one of the payments that you’ve fallen behind on is your mortgage, there have not been many options to help you. Bad credit will keep you from qualifying for any of the traditional help for lowering your mortgage payments, such as a refinance. Since the introduction of the loan modification program, there is finally help available.
Loan modification is a process in which a lender gives you the opportunity to keep your home by reviewing your income and restructuring your mortgage payment to 31% of your income to ease up your financial situation and help you get your mortgage payments current.