Category Archives: Credit Repair Services

Late Payments: How Do They Affect My Credit Scores?

Continuing with last weeks post, today we will cover the damaging effects that late payments have on your credit. Late Fees Late payments will put more of a dent in your pocket with acquired late fees. Some late fees can cost you up to an additional $35! When you...

Late Payments: When Do They Affect My Credit Scores?

Your payment history is the biggest factor on your credit report. Payment history makes up 35% of your credit score. This determines your track record. Are you a responsible borrower, or a risky borrower? Lenders will look at this factor to determine the possible risk of you defaulting on...

What’s the Difference?: Short Sale Vs. Foreclosure

Due to the current state of the economy many are turning to options of performing a short sale or foreclosure on their property, but what are the differences, and how do they affect your credit? A short sale is when a banking institution decides to accept less than...

How do student loans affect a credit score?

Just like every other kind of loan that is extended to a consumer, a student loan, can have either a positive or a negative impact on your credit score. It all depends on how these lines of credit are managed. Defaulting on a student loan though, can...