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You already know that late payments or a bankruptcy filing can damage your credit score. But did you realize that otherwise insignificant financial decisions can also cause your score to plummet? Keep your credit report pristine by avoiding these potentially destructive moves whenever possible.
Whether you have good credit or bad credit learn the real facts on how to repair your credit score yourself and strategies for paying off debt.
Paying off your mortgage can definitely raise your credit score, but how did it get so low?
see photosAPClick for full photo gallery: 17 Banks Being Sued By The FHFA Over Shoddy Mortgages If you've ever been turned down for a loan, or taken a hit to your credit score, you may get a kick out of this: seven of the eight largest banks in the [...]
Debt adviser Dear Debt Adviser: My credit score is 600. I plan to pay off my home completely. This will eliminate a major debt. How much will this improve my credit score? Dear Patricia: How did you end up with a credit score of 600? Was it because you paid your mortgage late? My guess is no. So if you eliminate your mortgage, that still leaves the reason for the terrible score. That is where ...
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