by Sam | Mar 18, 2019 | Building Credit, Improving Credit, Repairing Credit
Is Piggybacking Credit Legal? We explained in our last post what piggybacking credit is and how it works. This week I want to address a question that I get asked a lot. Is piggybacking credit legal? People often confuse piggybacking that is fully legal and allowed by...
by Sam | Mar 10, 2019 | Building Credit, Credit Scores, Improving Credit
What Is Piggybacking Credit? Piggybacking credit is having a third party, a credit worthy individual, add you to their credit card as an authorized user. This will allow you to receive the credit benefits from that account, helping you improve your own credit score...
by Sam | Aug 27, 2018 | Building Credit, Credit Cards, Improving Credit
Many people believe that carrying a balance will help them build credit or up their chances of getting approved for a credit card. People think that if they pay interest then the bank is making money off them (that part is true!) So if the banks are making money,...
by Sam | Aug 6, 2018 | Building Credit, Credit Scores, Identity Theft, Improving Credit
Updated: 05/15/19 In today’s day and age, we hear daily in the news of new hacks and new identity theft stories. By now everyone knows how important it is to properly monitor your credit report to make sure that no thieves are able to open any credit cards or loans on...
by Sam | Jun 3, 2018 | Improving Credit
The FCRA (Fair Credit Reporting Act) instructs all three credit bureaus that they must provide every American consumer a right to receive a free copy of their credit report annually. But, as the saying goes, “When getting free honey, you may get stung too”. So here in...
by Sam | Apr 8, 2018 | Building Credit, Improving Credit
There are two types of loans or debts which a person can possibly have. One type is an installment loan. (For example: mortgages, auto loans, or any loan that has a fixed amount that needs to be paid every month.) Another type is the revolving loan. (For example:...
