In recent months, inflation has received a lot of attention. As a consumer, you’ve probably felt the pinch in your wallet. Many things have become more expensive. Aside from the cost of things, inflation has caused many people to be concerned about their credit. However, it is vital to note that while inflation has no […] The post Understanding How Inflation Can Hurt Your Credit Indirectly appeared first on Credit Absolute ..read more

When you start saving for retirement, you may have a lot of questions. As you search for the answers to the unknown, the one thing you may want to know is how much money you’ll need to live comfortably during this phase of your life. Although it is suggested that every year people save between […] The post Determining How Much to Save for Retirement appeared first on Credit Absolute ..read more

If you have an idea for a new business or a plan for expanding your existing business, your ability to achieve your goals could depend on your ability to receive financing. A transparent understanding of small business loan requirements can better prepare you for the types of questions a bank might ask and the things […] The post What Criteria is Required for a Business Loan appeared first on Credit Absolute ..read more

The Importance of Good Business Credit As a business owner you are probably now aware of how important it can be to have a good business credit score. Having a low business credit score will impact whether lenders will work with you and can determine whether companies will do business with you. If you do […] The post How To Repair Business Credit appeared first on Credit Absolute ..read more

Bad credit is detrimental to your financial standing in many ways. A low credit rating can mean getting credit cards and other credit lines at exorbitant interest rates and low limits. If your rating is really low, your credit applications may not be approved at all. Further, landlords may decline your rental application or ask […] The post Can a Credit Repair Company Erase a Poor Credit History? appeared first on Credit Absolute ..read more

A good credit score can make life easier, so ensuring your decisions have a positive impact rather than a negative impact on your score is best. When it comes to your tax debt and how it can affect your credit score, it may not be clear if this type of debt affects your score, so […] The post Can Tax Debt Damage Your Credit? appeared first on Credit Absolute ..read more

How Payment History Affects Your Credit Score Video Summary & Highlights Payment history is the single most important factor in your credit score, accounting for 35%.  While making payments on time is crucial, it’s not the only factor that affects your score. Having few accounts can make your score more susceptible to damage from late […] The post Payment History: Credit Scores Broken Down – Part 1 appeared first on Credit Absolute ..read more

Video Summary & Highlights Key Points: Credit cards significantly impact your credit score (30%), making them crucial for building or damaging it. Having and properly managing 2-3 credit cards (regular & charge) is ideal for a good credit mix. Maintain a low credit card balance: below 10% is ideal, below 30% is positive, above 50% is negative. Crucially: Understand the […] The post Credit Cards: Credit Scores Broken Down – Part 2 appeared first on Credit Absolute ..read more

Anyone can have trouble with money, and it can be stressful when credit card bills start to add up. But you can find ways to handle your debt. Credit card companies will sometimes work with people who owe money to find ways to get it paid off. Also, it’s not common, but your credit card […] The post Who Qualifies For Credit Card Debt Forgiveness? appeared first on Credit Absolute ..read more

Scottsdale Award Program Honors the Achievement SCOTTSDALE November 20, 2023 — Credit Absolute has been selected for the 2023 Best of Scottsdale Award in the Credit Counseling Service category by the Scottsdale Award Program. Each year, the Scottsdale Award Program identifies companies we believe have achieved exceptional marketing success in their local community and business […] The post Credit Absolute Receives 2023 Best of Scottsdale Award appeared first on Credit Absolute ..read more