Credit Repair vs. Debt Consolidation: Which is Right?
Debt can feel isolating and humiliating. It can also significantly hinder your ability to have enjoyable life experiences such as travel and growing a family. According to Business Insider, with data provided by the Federal Reserve Bank of New York, the average...
What Is a Credit Sweep?
American Credit uses a pre-litigation process to successfully dispute negative information on your credit report and increase your credit score. However, some companies market a credit sweep as an easy way to achieve certain credit goals. Be warned, this isn’t a real...
Student Loan Forgiveness and Your Credit
A student loan forgiveness program can help if you are overwhelmed by repaying federal student loans. But how does this impact your credit? While forgiving a student loan generally shouldn’t hurt your credit, previous missed payments can be reported by your loan...
How Often Is A Credit Score Updated?
Checking your credit score from time to time is a good idea, especially if you’re trying to improve your credit. Those trying to build their scores may often wonder, “How often is a credit score updated?” Constantly viewing your score may be a habit, but it really...
How Long Does It Take to Repair Credit?
It’s nothing new to be impatient about your financial situation, but many in a financial straight find themselves wondering, “how long does it take to repair credit?” The length of time it takes to improve your credit depends on many factors including: The type of...
