Personal Credit Coach

Bad Credit? Here’s What Credit Card Issuers Should Be Offering You

Stephen Leifer - Wednesday, February 08, 2017
Getting a credit card might seem impossible if your credit is poor, but the truth is there are opportunities for just about everyone. Some credit card companies target people with less-than-perfect credit with the intention of helping them rebuild their credit profile. By doing so, they rightly feel that they can make them long-term loyal customers. If you are someone with bad credit and you are looking for a card that will help you get back on track, what should you expect to be availabl ..

Credit Repair Scams are Out There – Here’s How to Avoid Them

Stephen Leifer - Tuesday, September 13, 2016
Anyone who has credit issues and is struggling to better their financial situation, might be tempted to work with a credit repair company. It is true – these companies can really help your situation and make it possible to get your credit profile back on track, but not all of these companies are looking out for your best interests. As a matter of fact, some credit repair companies prey on desperate individuals, looking to make a buck off of their anxiety and confusion about credit.  ..

A Brief History of Credit Scoring

Stephen Leifer - Tuesday, July 05, 2016
Most people know they have a credit score and know it affects their ability to get credit, but fewer understand how credit scoring began and evolved. Credit scoring has been used since the 1950s to help department stores make decisions about extending credit to customers. Within 20 years the majority of the nation’s commercial banks, credit card companies, and finance companies were using credit scoring, but it wasn’t until the practice was adopted by Freddie Mac and F ..