Managing Credit

Meet the Freeple – Miatta

Are you one of the freeple? If so, freecreditreport.com is a place for people just like you to learn more about credit and get your credit report for FREE.

  • Nov 16, 2016

Credit Card Payoff Calculator

Because interest rates tend to be considerably higher for credit cards than the secured debt associated with car and home loans, you’ll likely want to pay off credit card debt first. Compiling the necessary monthly payments to make that happen can help you fine tune your budgeting. Use our Credit Card Payoff Calculator to help […]

  • Mar 10, 2016

Benefits of Direct Deposit and Direct Payment

Automated banking tools like direct deposit and automated bill pay offer many benefits, helping you better manage your cash flow, avoid missed payments and more. They can also offer an extra layer of protection against identity theft.

  • Mar 25, 2015

Planning for Retirement Insurance Needs

Enjoying the achievements your golden years allow you to celebrate is an amazing reward. But it’s only one part of your life after you leave the workforce.

  • Mar 23, 2015

Small Business Loans

As a new business owner, credit might possibly be the last thing on your mind. After all, how does it relate to your million-dollar idea? You may be surprised to hear that the success of a new small business can depend largely upon the creditworthiness of its owner. Whether it’s space, equipment or adding employees to the […]

  • Mar 20, 2015

Small Business Credit

For many first-time business owners, it’s sheer force of habit that leads them to reach into a collection of credit cards to finance their big idea. Newspaper stories abound on the subject: the low-cost independent film that was only produced because the director/screenwriter/actor maxed out his credit cards and the garage-based inventor who sold his […]

  • Mar 18, 2015

Top Bankruptcy Basics

When your monthly bills are more than you can manage, bankruptcy may seem like your only way to get out of debt. But while bankruptcy can provide debt relief to consumers who can’t pay their bills, it’s a complex legal process that can seriously impact your credit for up to a decade. Before you decide […]

  • Mar 16, 2015

How Long Will a Paid-Off Mortgage Appear on Your Credit Report?

Whether you’re in the position to pay off your mortgage today, or you’re wondering what will happen when you’re eventually able to hold your house debt-free, someday you might not owe anything on your house anymore. When that happens, it will likely have a long-lasting impact on your credit. The Lifespan of Your Mortgage Your […]

  • Mar 13, 2015

Loan Comparisons

Although credit scoring models have been updated in recent years to accommodate for the loan comparisons that any prudent borrower does before taking out a loan, it’s still a good idea to avoid adding lots of unnecessary inquiries to your credit report. Loan comparison shopping may take some persistence on your part, because lenders are often […]

  • Mar 12, 2015

Loan Interest Rates

Because not all loans carry equal interest, free wants you to understand exactly what you’re paying for credit, particularly since uninformed decisions can lead to financial jeopardy. A loan interest rate of 1.5 percent per month may seem reasonable enough, but a consumer needs to know the APR before he or she can compare lenders. […]

  • Mar 09, 2015

4 Ways Unpaid Debt Can Haunt Your Credit

Abandoning a debt may seem like a victimless crime, but don’t be deceived – the one it hurts most is you. Being deep in debt can be a scary and overwhelming place, however it’s also the time it’s most important to make a rational choice. You might have considered something extreme, but before you choose […]

  • Mar 04, 2015

How Can a Trial Loan Modification Affect Your Credit Score?

Most Americans spend roughly 30 percent or more of their take-home pay on their mortgage payment, leaving many homeowners trying to avoid foreclosure and credit damage. However, it´s important to understand that a mortgage modification has its share of risks, too. Before you assume your credit is free and clear of taking a hit, discover how […]

  • Mar 02, 2015

Can Credit Cards Change the Rate if You Pay on Time?

Under the Credit Card Accountability, Responsibility and Disclosure Act (CARD), there are several measures intended to protect American consumers from the aggressive practices sometimes used by credit card companies. The CARD Act led to changes in how your credit card company could adjust interest rates on existing balances and regulated how credit card companies communicated those changes […]

  • Feb 27, 2015

What Would You Do If Someone Asked You To Cosign A Loan?

What would you do if a friend or family member asked you to cosign a loan? Before you answer, make sure you understand what your obligations could be. When you cosign a loan, you’re agreeing to repay the lender if the primary borrower defaults. You’ll be assuming the debt and all the credit implications associated […]

  • Feb 25, 2015

Divorcing? Protect Your Credit

Is it time for you to consciously uncouple? You’re not alone. As you prepare to start the process, know that you’ll be separating the parts of many layers of your life, certainly to include your assets and finances. While it may not mean that both parties can maintain the same level of accustomed lifestyle, you can still […]

  • Feb 23, 2015

How Can Divorce Impact Your Credit?

Divorce ends a marriage but it does not instantly dissolve all financial connections. When you’re going through the emotional turmoil of a divorce, the impact on your credit may be the last thing on your mind. It’s important, however, to understand how divorce may affect your credit. In many cases, your divorce settlement will decide […]

  • Feb 20, 2015

Strategies for Credit Newcomers to Build Credit History

Whether someone was born here or has emigrated to the U.S., achieving the American dream takes hard work – and good credit! It’s often a prerequisite for many of the things commonly associated with the American ideal – such as buying a home, buying a car and pursuing higher education. For young people starting out in life […]

  • Feb 13, 2015