Even with the best of intentions, some Illinois residents struggle to maintain good credit. A bad credit score can have serious impacts on various areas of your daily life. These are some of the biggest disadvantages you can expect. Lenders consider you a poor risk...
Credit Repair
Can I change what is on my credit report?
If you have ever used any credit, whether an installment loan, a credit card or a similar financial tool, you have a credit report. Three major credit bureaus issue credit reports for Illinois residents and all consumers who use credit in the United States. Consumers...
Dealing with credit issues as a transgender or nonbinary person
If you're transgender or nonbinary in Illinois, you're well aware of some of the unique challenges you face. One that may not be as apparent at first is potential credit issues stemming from legal name changes. The "Big Three" credit bureaus have only recently begun...
Three reasons your credit score stays low
Illinois lenders are strict about credit scores. The lower your score, the harder it is to get a good loan in Chicago. A low credit score can affect other areas of your life as well. And it's frustrating when you try to raise your score, but it’s just not moving. Why...
Can a Credit Repair Service Increase Your Credit Score?
Living with credit issues can be very expensive. The credit that may be extended to those with bad credit often comes with higher interest rates and may require collateral. It is for these and other reasons that many Illinois consumers seek help to improve their...
Why having a credit card may be important
Your credit score and overall creditworthiness generally determine whether Illinois lenders will work with you. If you have no credit history or a bad credit history, it may be possible to use a credit card to improve your reputation. There are several reasons why...
Getting out of credit card debit
Although credit cards provide a way to cover expenses in emergency situations and can often be a convenient way to pay your bills, many Illinois residents struggle with mounting charges. The average U.S. household struggles with at least $7000 in credit card bills....
Identity theft leads to credit score damage
Identity theft could cause all kinds of problems for the victims. If someone compromises someone’s identity and gains access to Illinois financial accounts, the victim’s credit report may end up destroyed. The situation might not be permanent, as there are steps...
Get your credit on the right track without a card
One of the personal numbers that you want to maintain while living in Illinois is your credit score. This is something that can quickly drop with a few mistakes and that can take some time to raise. Fortunately, there are a few things that you can do without getting a...