Do I Have to Wait Seven Years to Get Good Credit After Problems in the Past?

Unfortunately, seven years is the time length for many kinds of negative items listed on your credit report to disappear. Late payments, charged off accounts, debt collection efforts, and Chapter 13 bankruptcy are all included in the seven years to drop off your report. Other more serious items like tax liens you have not paid,… continue reading.

What Is Credit Counselling?

If you feel like you need additional help in managing your finances and debt, credit counselling is a good choice for you. Credit counselling is actually a phone call with a licensed credit counsellor that takes anywhere from 20 minutes to an hour.  This is a free resource which not for profit financial educational organizations… continue reading.

Should I Consolidate My Credit Card Debt?

If you have a number of balances on credit cards, then you might be considering consolidating your credit card debt. Consolidating debt gathers your higher interest rate debts (such as credit cards) and rolls them over into one lower interest rate payment.  By reducing the total interest you pay, it reduces your total debt and… continue reading.