John Ulzheimer joins SmartCredit.com and brings his expertise and wealth of knowledge in credit scoring, credit reports and highly complex credit topics to consumers in an easy to understand and entertaining fashion.
Everyone must start somewhere! Establishing credit can be difficult and confusing, especially for someone at a young age.
Credit reports have lots of information about your credit history. As with anything so complex and full of data, the credit report is not easy to read or understand, let alone find an error.
The Financial Reform Legislation will require lender certify that consumers have a reasonable ability to repay a loan. Lenders will look at your income closely, but this will also force more scrutiny on your credit score.
I have a friend of mine who says his credit score goes down almost 50 points every World Cup because he is too distracted to pay his bills.