Debt Collection Co
A debt collection company is never good news for your credit file. If a lender has given up wasting resources on chasing your debt and has recruited a debt collector, credit bureaus will be informed. This kind of entry on your report makes other lenders very nervous about your borrowing credentials.
Missed/Late Payments
Any missed [...]

Thanks to the credit crunch we could all do with a helping hand when it comes to getting a loan or a better rate on your credit card. How to Better Your Credit Score will explain how you can take simple steps to getting the cheapest loans.

Step 1: Get Credit
Unlikely as it may seem, you [...]

No 1 – Other occupants can ruin your rating
Unless you share an account or mortgage with your kid sister, your uncle Wally or anyone else you happen to live with, your credit rating will not be affected by the people you see over breakfast. This is also true for partners, spouses and housemates.
No 2 – [...]

Your chances of securing a loan will depend on how attractive you appear to lenders. How well you dress and how you wear your hair are not the type of things that attract lenders (although this can be important for face to face contact), instead what really gets their motor running is your credit credentials. [...]

Many people tend to find themselves stuck with mediocre credit cards; they have a pretty standard interest rate, offer no reward schemes and are really jot the best credit card they could be using. All of us would benefit from switching low interest rate credit cards; it just makes sense, after all why pay more [...]