3 Confusing Credit Card Traps That Are Often Overlooked

It would be basically idiot-proof if the terms of a loan is simply $14 interest on every $100. There will be less disgruntled customers and the issuers will have to spend less money on dispute resolution and customer service training. The sad part is that life will never be this easy. Adding unforeseen hazardous charges and penalty…

How Your FICO Score Is Calculated

The exact details of how your FICO score will probably never the light of day. Because if these details get into the public domain, there is a chance that people who are too smart will be able to abuse it. This can cause chaos in the financial world. Can you imagine if a serial debtor somehow manages…

Steps To Take In Correcting Credit Report Errors

If your fate would be decided by a set of information about you that is collected by someone else, how stupid will it be if the information negatively impacts you with inaccuracy and errors? It would be like getting your water turned off even though you have been diligently paying off the bills. You would have become…