A closed credit account is no longer active, meaning that no future transactions can be processed. For example, a credit card holder may choose to close their account if they no longer use the card, have fears of identity theft, or have financial hardship. A misconception exists that closing a credit card or paying off
When I was fixing my credit, I successfully got a 30-day late payment removed from one of my accounts. Doing this increased my credit score by 50 points. I did it by writing a goodwill deletion letter. Here’s how you can do it too. What a Goodwill Deletion Letter Can Accomplish A goodwill letter is
This is my first blog income report, and I have to say, I’m a little bit nervous about disclosing the financials of my business. But I know that many of you are curious about the “inside scoop”, so I’m sharing it all. Income Here was Digital Honey’s income report so far this year: January –
If you’re a normal person, your parents didn’t help you build credit as you were growing up. Most 18 year olds don’t have credit, which can make life quite difficult. Here’s how you can build your credit in record time, even at the tender age of 18. This methodology applies to anyone who doesn’t currently
FinCon is a conference for content creators in the finance industry, and it moves its location within the US every year. It was my first time in Orlando! The hotel was nice. The best part of the conference is the people that you meet. Here’s a group of us getting dinner and drinks! (You’ll notice
The Self (formerly Self Lender) credit builder loan product has been growing in popularity. Many customers find it a useful addition to their credit-building tool belt. But not everyone has a good experience. Here’s why. How Much Does Self Boost Your Credit? According to Self, their customers’ credit scores increased by 32 points on average1.
