The 7 Biggest Questions About Debt Collections & Your Credit
7 facts to combat some of the fallacies that abound when it comes to collections and credit scores.
Barry Paperno
Specializes in
Credit Tools
Credit report card
Free credit score and credit report snapshot
Calculators
Tools to help you take control of your financial goals
Free credit repair assessment
Ensure you have an accurate credit report
Budgeting & Saving
Credit Building
Credit Repair
Credit Cards
Managing Debt
Credit 101
Insurance
Taxes
Credit Score
mortgages
3 Things That Can Stop a Mortgage in Its Tracks
Your credit report could contain certain items that may not be seriously hurting your credit scores, but can bring the mortgage process to a halt.
Credit Score
Does Your Credit Score Care What Kind of Credit Card You're Using?
Do different credit card types signal different things to lenders about a cardholder's creditworthiness?"
Credit Score
5 Reasons Why Your Credit Score May Not Matter
While many reacted to last week's CFPB report with surprise that up to one in four consumer credit scores are significantly different than the ones lenders see, some of us who have advocated for years
Credit Score
Why are Short Sales So Bad for Your Credit?
A short sale or foreclosure on your credit report can have a negative impact, knocking as much as 160 points off your credit score.
Credit Score
How to "Dilute" Your Bad Credit for a Higher Score
How to "Dilute" Your Bad Credit for a Higher Score
Credit Score
Debt-Free? Don't "Lose" Your Credit Score
I will be paying all of my debt off in September. Will this raise my credit score or lower it, since I have no active credit cards or loans in my name?
mortgages
California's New Homeowner Bill of Rights: What We Can Learn
Last week the California legislature passed the Homeowner Bill of Rights to protect California homeowners during mortgage modification and foreclosure.
credit score
Foreclosure vs. Short Sale: What's Worse for Your Credit?
Short sales are on the rise and more and more underwater homeowners asking how their credit scores will fare after a short sale or foreclosure - and how the two outcomes compare.
Credit Score
Reader: Inquiries Dropped My Score 104 Points
How much of a negative impact can hard credit inquiries have on your credit score? A reader wrote in, asking a common question, but the impact on his score was rather extreme.
