The Top 10 Credit Myths Consumers Believe

Here is a list of the top 10 credit myths that most consumers still today unfortunately believe to be true. Myth #1:  Credit agents are empowered with some kind of governmental Authority. Actually credit agencies have no legal authority at all.  They are privately held companies who are in the businesses of selling credit information. Myth... The post The Top 10 Credit Myths Consumers Believe appeared first on Lifestyle | Business.

http://www.financialempowermentnetwork.com/credit-education/top-10-credit-myths-consumers-believe/

The Top 10 Credit Myths Consumers Believe

Here is a list of the top 10 credit myths that most consumers still today unfortunately believe to be true. Myth #1:  Credit agents are empowered with some kind of governmental Authority. Actually credit agencies have no legal authority at all.  They are privately held companies who are in the businesses of selling credit information. Myth... The post The Top 10 Credit Myths Consumers Believe appeared first on Lifestyle | Business.

http://www.financialempowermentnetwork.com/credit-education/top-10-credit-myths-consumers-believe/

How are credit scores calculated? Lifestyle | Business

One question that is frequently asked is, how are credit scores calculated? Let’s see if we can shed some light on, how credit scores are calculated.

http://www.financialempowermentnetwork.com/credit-education/credit-scores-calculated/

Charge-Off Accounts and the Impact on Your Credit Score

Charge-off accounts is an account that the creditor deems as no longer collectable and is written off be the original creditor as a loss. In other words you have stopped paying your credit card. Typically a creditor will charge-off the account in 180 days up to 6 months. What is the Potential Impact of the... The post Charge-Off Accounts and the Impact on Your Credit Score appeared first on Lifestyle | Business.

http://www.financialempowermentnetwork.com/credit-education/charge-off-accounts/

Establishing Good Credit Has Perks: Why You Need It FEN Team

Establishing good credit makes life all-around easy. Want to buy a new car and need a loan? No problem. Want to buy a house?

http://www.financialempowermentnetwork.com/credit-repair/establishing-good-credit-has-perks-why-you-need-it/

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Establishing Good Credit Has Perks: Why You Need It FEN Team

Establishing good credit makes life all-around easy. Want to buy a new car and need a loan? No problem. Want to buy a house?

http://www.financialempowermentnetwork.com/credit-repair/establishing-good-credit-has-perks-why-you-need-it/