Does Paying Off Collections Improve Credit Score?

Does Paying Off Collections Improve Credit Score?

During an economic downturn or job loss, it’s normal for people to miss their payment deadlines. When this happens for more than 90 days, the lender may refer the account to a collector, which will remain on the person’s credit record for seven years, but...
Manifest Money: How to Reach Your Financial Goals

Manifest Money: How to Reach Your Financial Goals

Financial health is key to achieving the overall goals of your life. Everybody is aware of the importance of these financial goals, and they even have them. However, a sizeable percentage of those who only talk about them without a plan to achieve them: the other...
A Financial Fast Makes You Richer

A Financial Fast Makes You Richer

Bad spending habits are probably the most significant cause of financial insecurity and poverty. If a person doesn’t tame their spending, they will affect their long-term financial goals negatively. What if you have financial habits you need to break? What do...
How to Pay Off Student Loan

How to Pay Off Student Loan

Student loans in America amounted to a whopping $1.71 Trillion owed by 44.7 million people. These loans are essential for people who can’t afford to pay tuition out of pocket. However, the loans can be financially debilitating, and you need to find a way to pay them....
How to Remove Late Payments from My Credit Report

How to Remove Late Payments from My Credit Report

Late payments are derogatory marks in your credit report and may decrease the prospects of you getting a loan. Unfortunately, these marks remain in your credit report for up to seven years. If you paid your loan on time or the entry has been there for more than seven...
How to Dispute a Credit Report in 4 Easy Steps

How to Dispute a Credit Report in 4 Easy Steps

You should take immediate remedial measures if you find an error in your credit report. When left unattended, errors in credit reports can adversely affect your credit score. Unfortunately, these mistakes aren’t as rare as one would hope. A study by The Federal Trade...