About 50% of our post-bankruptcy clients have an error on their credit report and with these errors, your credit score will not improve. Here is how we can help you fix it: Step 1: Order Your Score In our 7 Steps program we discuss ordering a FICO score, however, since we are…
The purpose of this blog post is to summarize Lesson 2 in our 7 Steps Program, which is the most important part of rebuilding your credit score after bankruptcy. If you want a 720 credit score in the next 12-24 months, you need to apply for three new credit cards. Think about it this way……
When it comes to the number of credit cards in your wallet, there is a sweet spot that will provide you with the best FICO score. After all, if you have too many credit cards, the credit-scoring bureaus worry that you might get yourself into a financial bind. If you…
Here is a big myth: It’s better to be a cash-only citizen and shred all your credit cards. The truth is that you need credit cards if you want to have a high credit score. The bureaus give the best scores to people who have between three and five cards….
The first step to rebuilding your credit is getting a copy of your credit report. Yes, I know that’s an extremely simple first step, but it is an essential one. When rebuilding your credit, it is wise to review your credit report at least once every six months. If your…
One of my friends just told me that he owes $68,000 in credit card debt. He’s 26 years old. And he has that feeling in the pit of his stomach—you know that feeling. He can’t ever truly relax because he’s so worried. All these questions start racing through his head……
If you have bad credit, it’s critical that you have and use three to five credit cards. The only way credit bureaus will reward you with a high credit score is if you prove that you can responsibly manage debt. This means: Having at least three credit cards, keeping them…
After renting for years, my wife and I just bought a house. It’s our ideal house—exactly what we were looking for in the exact neighborhood we wanted. We have dreams of raising our children there, and we smile thinking about the birthday parties, sleepovers, and graduation celebrations that will fill…
We went out there and researched the best credit cards on the market, consider things like interest rates, rewards points, fees, and the like. You can see our recommended list of credit cards for people with strong credit here. And keep the following in mind: 1. In our program, we…
Question: “How many credit cards should I have if I want to earn the best possible credit score? I receive a lot of credit card offers in the mail. Should I apply for them?” Answer: Having the right number of credit cards is a big part of your credit score. Ideally, you…
