If you are like most people in Vadnais Heights, Minnesota, you want to maintain a high credit score. A low credit score can prevent you from getting loans and even places to live. However, your credit report may have errors, causing you to get declined for credit. An...
Before you walk into a Vadnais Heights bank to apply for a mortgage or into a Twin Cities area car dealership to buy a new vehicle and get a loan, check your credit report. It might contain an error that could make it difficult or even impossible to buy a new home or...
People rely on their credit reports for many reasons. Decisions on loan applications or apartment lease approvals might hinge on a decent credit rating. Some would-be employers might even pass on a jobseeker whose credit report looks weak. Unfortunately, not all...
If you struggled to pay back your loans over this past year, deferred payments were a welcome relief. Student loans, car loans and housing payments stretched your paycheck to its limit. By placing these obligations on hold, you were able to take a breath and readjust...
The pandemic has wreaked havoc on virtually every aspect of life in Minnesota, across the nation and around the world. One of the few things to have actually improved during these tumultuous months: the average American consumer's credit score. That’s according to the...
It’s true in Minnesota and it’s true in Wisconsin. In fact, it’s true across the nation: your credit score is a crucial component of your financial life. Whether you are buying a house or purchasing a car, lenders look long and hard at your credit score to decide...
A couple of days ago, the U.S. House of Representatives took a step to help consumers when it passed the Protecting Your Credit Score Act of 2019. The bill is designed to help people get easier access to their credit reports. If the measure is passed by the Senate and...
One of the features of the massive stimulus package passed by Congress earlier this year gave people across the nation a temporary break from paying off their student loan debt during the coronavirus pandemic. Unfortunately, many of those same people have had their...
Individual credit reports are used for more purposes today than they were only a few decades ago. Credit reports at one time only had an impact on banking and the ability to obtain credit, such as a mortgage, a vehicle loan, a credit card or a personal loan. A poor...
Many aspects of modern life involve people's credit scores and credit reports. Did your car break down and you want to buy or lease a new one? Your credit report will determine if you qualify and how much interest you'll pay. Similarly, if you're ready for a new...