Close Your Inactive Credit Accounts with Zero Balance Sample Letter

Close Your Inactive Credit Accounts with Zero Balance Sample Letter

Having inactive credit accounts with zero balances can hurt your credit score. You should consider having to close inactive credit accounts by writing a letter to the creditor requesting that the account be closed and to change the status to,”closed by consumer” reported to the consumer credit reporting agencies.

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Posted under credit bureaus, credit repair, creditors, sample credit repair letters

This post was written by fixbadcredit on January 26, 2009

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Your 3-Digit FICO Credit Score Explained Clearly

Do you know your FICO credit score? Well, you definitely should. Your FICO score is what lenders use to allow or deny you credit when you apply, for example, for a car loan, a bank loan, or mortgage, to name a few. FICO scores range from 300(lowest score) to 850(highest score). Listed below is the what is score range means to you.

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Posted under credit bureaus, credit repair, credit report, fix bad credit, fix bad debt, improve FICO score, improve credit report

This post was written by fixbadcredit on October 4, 2008

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Analyzing Your Credit Report, Credit Score and Debt

Most consumers realize that there is a relationship between their debt and their credit reports. The truth is there are several relationships between a consumer’s debt and his or her credit reports and ultimately the credit score that is calculated using the credit reports. Knowing more about how these issues relate to each other can be an important part in keeping credit scores high.

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This post was written by fixbadcredit on September 28, 2008

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What is The Difference Between Bad Debt and Good Debt?

This video identifies the difference between good debt and bad debt. It also discusses some factors that can negatively affect your credit score, as well as practices to improve your credit score. Watch, learn, and work towards fixing your credit/debt problems and getting your financial independence.

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Posted under credit repair, credit report, fix bad credit, fix bad debt, improve FICO score, improve credit report, videos

This post was written by fixbadcredit on September 28, 2008

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