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The eCredable blog

Beverly Harzog is one of our favorite journalists that knows all about credit. Here's her latest article from U.S. News & World Report regarding the BEST Secured Credit Cards available.

There are many places where you can get a free credit report. If you want the original report generated by the three national credit bureaus, you need to go to www.AnnualCreditReport.com

This article originally appeared in Quora and was authored by Mitchell Lee, Director of the Fintech Group at the Federal Reserve Bank of San Francisco (August 14, 2020)

The COVID-19 pandemic has impacted our lives in many ways, and for some - it has impacted our credit scores.

eCredable Lift® provides consumers with the ability to report their utility accounts in their TransUnion credit report. Most utility companies do not report your positive payment history to the credit bureaus, which means you don’t get any credit for paying these accounts on time.

Over 700,000 Americans submitted personal bankruptcy filings in 2017, at an average clip of 60,000 per month. And these are just the new filings, which don’t truly capture the sheer volume of Americans who currently have bankruptcies on their records. Since 2012, 5.3 million Americans have added a bankruptcy to their records.

U.S. student loan debt hit the $1.5 trillion mark earlier this year, but Southerners appear to be shouldering more than their share.

Is Your Car Loan Too Expensive?

If you don’t use credit or just started building it, chances are you have no credit file or maybe just a thin one — it’s there, but there’s not much to it. That can leave you with a low credit score or no credit score at all, which may make it difficult to get credit when you need it.

How Late Can I Pay a Bill Before It Hurts My Credit?

It’s irritating to run across a bill and to realize it was due yesterday… or last week. If it’s a credit card bill, you may also have to pay a fee (sometimes, if it’s a rare slip-up, you can get it waived), and it can be especially scary to find an overdue bill if you have applied for credit or plan to in order to make a big purchase, like a house or vehicle. Readers often ask us how late a payment has to be before their creditors report it to the credit bureaus: