Examples of Hard Credit Inquiries
Lenders and other third parties judge your creditworthiness based on many factors and one of them is the inquiries that are on your report. Inquiries allow them to see when and where you’ve searched for credit in the past. There are two kinds of credit inquiries they can look at: hard inquiries and soft inquiries. Hard inquiries can hit your credit report...
Top Credit Monitoring Companies
Credit monitoring companies keep a lookout on your credit report to see if there is any suspicious activity. Some of the best credit monitoring companies out there include: Identity Guard: This company is considered the best on the market. It monitors any changes in your credit score and offers some of the best ID theft protection on the market. LifeLock – This...
Credit Card Terms You Should Know
Introductory rates – These are rates offered by the company and will go up after the introductory period is over. Annual fees – These are fees charged by the company each year for using the credit card. It is not the same as the interest rate. Overseas transaction fees – These are additional fees charged if you use your credit card out...
How To Report Account Mistakes On Credit Report
If you see any discrepancies on your credit report from the actual statement that you get from AnnualCreditReport.com, don’t just take it -challenge it. For example, if you’ve always paid one of your credit cards on time, but your credit report lists the account as 10 days past due, you should dispute it. See More
Is a Closed Account Still on Your Credit Report?
Sometimes we need to close an account on our credit report. Maybe we’re done with the card or loan. Or, maybe the lender closed it. Either way, it may still show up on your credit report. There are many reasons for this. It shows new creditors what you’ve had in the past so they can make informed decisions about lending you money....