Someone with a debt in collections can write a pay for delete letter to a collection agency to negotiate getting an item removed from credit reports in exchange for paying off the debt. Learn how it works in this article. Read more.
If you have a credit score of 580, you may find it difficult to get a home or auto loan or a credit card. If you do qualify, you’re likely to pay higher interest rates. But you can take steps to understand and improve your credit score. Read more.
It can seem overwhelming when you think about getting your credit back in shape, but there are two major actions you can take to do it: check your credit reports for errors to fix, and pay down debts. Read more.
With what you've heard about the challenges of having bad credit, you might think it's better to have no credit score at all. That might be oversimplifying things. Read this article to compare each situation. Read more.