Debt Relief Articles

A 'Charge-Off' can also refer to the action of writing off a bad debt by a company for accounting purposes. This essentially means that the creditor has given up on collecting the debt from...

Debt to income ratio is a financial term used to describe the percentage of an individual's monthly income that goes towards paying debts. This figure provides creditors with an indication of an individual's ability...

Lenders use your credit score to determine your creditworthiness. It is essentially a grade that tells them how likely you are to pay them back in full and on time. This grade will influence...

Improving your credit score after finishing a debt relief program can be intimidating, but the process becomes easier when you break it down into smaller steps. Read on for 5 ways to increase your...

As part of their annual study, Experian surveyed today’s consumer credit behaviors ― including how credit scores compare among the 50 states.

Credit scores are so misunderstood and generally regarded as a de facto measurement of borrowing strength. Also, many consumers misguidedly assume that credit scores include income, assets, or net worth in their calculations. We...

Almost every US citizen knows their Social Security number by heart, even if it’s a meaningless series of digits, but too few of us know our credit scores. Your credit score has a profound...

When you apply for a credit card, a personal loan, or insurance, a file about you is created. This file, known as your “credit report,” is maintained by credit reporting companies. Your report will...

Building credit can be challenging when you don’t have any credit history to your name, and many don’t know where to start. You may or may not get approved for a credit card, auto...