How to Restore the Integrity of Your Credit Card Account?

Answer Credit card companies extend credit based on credit reports and a FICO score. The Fair Isaac Corporation formulated the FICO scale for creditworthiness. Outstanding consumer charges on credit cards... Read More »

Top Q&A For: How to Restore the Integrity of Your Credit Car...

When is a credit card account considered a collection account?

Once your account is more than 30 days behind or it's closed altogether, it becomes a collection account. According to the Federal Trade Commission,"If you're behind in paying your bills, or a cre... Read More »

Will closing a credit card account affect my credit score?

Closing a zero-balance credit card account can negatively impact a credit score. This is because a credit score is based in part on the debt to available credit ratio. Therefore, when a zero-balanc... Read More »

Do i need to have a credit card to credit a Paypal account?

You don't need a credit card to create a Paypal account. To verify your Paypal account, however, you'll need to connect it to either a valid credit card or bank account. Verified accounts have more... Read More »

How to Get a Credit Card With No Checking Account & Bad Credit?

Applying for a credit card with no checking account and bad credit is no easy task. Almost all credit card issuers stipulate that you must possess a checking account, and most require average credi... Read More »