I am aware of how upsetting having your credit limits reduced may be. There may be a number of causes for this, such as missed payments or modifications to your credit score. Additionally, the current state of the economy and banking issues may in fact...
Does having negative credit affect you? Have collections, late payments, charge-offs, or bankruptcies reduced your credit score? The good news is that credit repair can give you a fresh start. Several advantages of credit repair: Increased credit score: An improved credit score is the primary advantage of...
Since most of us are home waiting for this virus situation to be over and kind of not much to do I Thought It may be a good opportunity to look at your credit, enhance or fix it. Specially if we owe too much on Our...
Is the “How to Repair Your Credit Score Yourself” question listed in the drop-down menu of your google search bar? You’re not alone! In fact, at the moment of writing these lines, Google shows more than 32 million results about self-fixing your bad credit! It’s not...
Bankruptcy may be a frustrating situation, but it also gives the opportunity to restart your financial habits for a better future. One of the most asked questions, is how to build credit after bankruptcy. As you’re about to read, in this article, Baby Boomers Financial gathered...
Do you prefer to use the so-called plastic money and you’re trying to get a credit card? As you already know that you must pass the approval process of creditors to get it. And even though it’s easy to file your request, there are certain...
Have you heard about liens but you’re not quite sure what it means? As you’re about to read, in this article, Baby Boomers Financial will break down the term for you. We’ll explain you what exactly they are, and how they actually work. Ready, set,...
Unfortunately, we don’t live in a world entirely based on trust, honesty, transparency, flowers, and glitter! Frauds, and thefts of any kind are always around the corner, and it can happen anytime, and to anyone. Except of taking care of your physical safety, you should...
Debt collections listed in your credit report, it’s not the best thing ever, but there is a solution. If for any reason you left your creditors unpaid, they can and they most probably will, send your account to a collector. The debt collector is the...
You have credit cards and you use them very often, but do you know anything about credit card fraud? You probably heard about it, but it never happened to you, so you didn’t bother learning more about it. *Here goes buzzer sound* Wrong! It can...
In a perfect world, we wouldn’t need to borrow money from lenders, including cases of mortgages, buying a car or funding our studies. However, it’s not widely possible to buy a house with cash, so most of us seek for a financial help at some...
You know you have a credit score, and you’re doing everything you can to keep it in a good shape. And then someone is asking you how’s your FICO score going. Wait, what is FICO score, and what do I need to know it? Baby...
You already know the importance of a good credit score, and sometimes you wish that you could turn the time back! While this is impossible, you can help your children to become responsible adults, by helping them to build a good credit score. In order...
Is the balance of your savings account zero, or it definitely needs a boost? Well, you’re not alone. Saving money when you barely make enough to cover your expenses, can be really hard. However, there are always small things here and there that can save...
While many will argue that bankruptcy brings the end of the world, the truth is, that there is light at the end of the tunnel. Bankruptcy can be a great opportunity to restart your finance, and learn how to manage them better in the future....