Credit

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29 Feb: How to Lower Interest Rates on Credit Cards

Credit card interest rates are overwhelming for many Americans. A recent survey revealed 61% of Americans are dealing with credit card debt—with 23% sinking further in debt each month. High interest rates dramatically inflate the cost of borrowing, making it…

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24 Apr: What Is a Pay-For-Delete Letter?

In a pay-for-delete letter, a debtor offers to pay a debt collector in exchange for removing a delinquency from their credit report. You’re essentially paying them to “delete” the negative item. However, is pay-for-delete worth it, or should debtors consider…

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04 May: History of Credit Cards

Love them or hate them, credit cards are such a part of our lives nowadays it’s hard to imagine life without them. But they haven’t always been around—before the 1950s, credit cards were unheard of. Now, they have grown into…

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28 Jan: Simple Guide to Report Abbreviations

With all the complex terms and abbreviations, a credit report can read like it’s written in a foreign language. Well, here’s your translation guide. When you understand credit report abbreviations and credit report terminology, you’ll have the power to read…