Paying a defaulted account & your credit score A reader asked if starting to pay a defaulted account will help his credit score. The simple answer is No! But there are very good reasons why paying defaulted debts will improve your general credit situation, making it easier for you to get a loan, a mortgage … Continue reading “How will paying a Default affect my credit score?”
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Credit Scores Explained
How much will my credit score change if … ? How much will my credit rating go up/down is a very common question and one that is often tricky to answer. But here are some guideline numbers from Experian that may help. These are only indications – your credit score may not go up or down by … Continue reading “Credit Scores Explained”
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