Category: Business Credit

It was bound to happen at some point: I became a victim of identity theft. After a 20+ year career writing and educating consumers about credit, including identity theft, I found myself on the other side of the story. I was alerted through credit monitoring that a new retail credit card had been opened in my name. While I had shopped at that store the day before, I most certainly had not opened an account. A phone call to the… Read More

Credit repair often takes time, but there’s one way to potentially change your credit scores dramatically—in as little as a month. It’s called “debt utilization,” and when used correctly, it may improve your credit scores.  When Calvin first started tracking his credit scores with Nav, for example, he was struck by how much his personal credit score would fluctuate from month to month. In the first four months he monitored it, his score went up 52 points, down 42 points… Read More

Advertiser's Disclosure Here’s one question that’s frequently asked: “is managing my credit in retirement different, really?” The quick answer is no—the same rules that apply for managing your credit still hold true. However, there are things you should be aware of throughout your golden years to keep your credit in good standing. Before we jump into some easy credit management tips, let’s look at why it’s important. You know that a great credit score is typically associated with better rates for… Read More