One big mistake you want to avoid is making a large purchase before investigating your credit report first.
At Credit Diva of Dallas, we know that going into the new year with credit issues is always disheartening. If there’s one common resolution made at the start of the year, it’s to pay down debt or resolve problematic credit.
Credit problems can arise for a variety of reasons.
With high unemployment rates throughout the early half of COVID-19 in 2020, we know that many people in the Dallas area also saw their formerly good credit scores decline. When struggling to pay the bills, credit is often the only way to make ends meet—yet late payments (or missed payments)
We've talked about the importance of regularly monitoring your credit score—but is there such a thing as checking it 'too' often?
These are excellent (and common) credit
Before we go into the new year, it's important to remember where we came from to understand how far we still have yet to go.
Being Black in America is a complicated struggle that many don’t understand. When it comes to success, the cards are often stacked against our community. While there are
If you are struggling with debts piling up, you’re not alone. According to Pew Research, eight out of ten Americans have debt. Debt can be overwhelming, but it doesn’t have to ruin your life. In fact, sometimes, the right type of debt can be healthy! If you manage your balances, make all your
Getting in over your head with debt can be an overwhelming situation. If this is the type of scenario you find yourself facing, you may feel like there is no light at the end of the tunnel.
It’s challenging to manage if you are paying several different creditors each month. For one thing, your
Have you been keeping a close watch on YOUR credit utilization ratio? Now that the holidays have officially begun, people are starting their shopping, whether it's primarily online or distanced in person. If you’re buying gifts, food, or decorations, that spending can quickly start to pile up.
Now that you’re at the age of retirement, there are probably a lot of things you’re thinking about doing. Maybe you just want to sit back and relax a while and enjoy life. After all the hard work you’ve done over the years, it doesn’t hurt to take a break and do whatever you enjoy most.
However,
Have you been researching ways to quickly increase your low credit score to purchase a home or get approved for a business loan? It may be appealing to look into how to add tradelines for a quick boost to your credit score—but how do tradelines work?
If you have decided that purchasing them
Having a credit card or loan requires careful budgeting and planning, so you can get it paid off responsibly. Installment loans, such as car loans, have a set amount you pay every month. This
Your finances are much better off with a good credit score, so you want to make sure that you’re not doing too much damage by applying for new credit. When you put in an application for a card,
So, you want more housing options. You want the ability to qualify for loans with low fees and low-interest rates. You want insurance discounts and security deposit immunity on utilities. Working
With the new year already in full swing, it’s an ideal time to take a look at how you can pay down those debts. Maybe this was one of your new year’s resolutions. Even if it wasn’t, most people
