by American Credit | Oct 9, 2020
A credit check is often part of the hiring process. Employers have several reasons to check the credit of a potential hire. The main reason is to review their financial history for evidence of fraud or theft. When running a credit check, a potential employer sees a...
by American Credit | Sep 25, 2020
With a clean credit report, you can get a better mortgage interest rate. It can also improve your chances of getting a home loan. If your credit isn’t as good as you’d like, it is never too late to take steps to improve it. Here are ways to increase your credit score...
by American Credit | Sep 18, 2020
When you apply for a car loan, a lender will look at your credit history to determine the level of risk and whether you are likely to repay the loan on time. If you haven’t established a credit history, you are likely to be considered a higher risk. Therefore, the...
by American Credit | Sep 11, 2020
The COVID-19 pandemic has impacted the financial security of millions of Americans. A sudden loss of employment, closure of a business, or decrease in wages can leave one wondering how to manage their financial obligations. Many are struggling to pay a mortgage or...
by American Credit | Sep 4, 2020
The Fair Credit Reporting Act (FCRA) oversees the length of time negative information can stay on your credit report. In most cases, negative details are removed after seven years, while bankruptcies can stay on your report for longer. The different types of negative...
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