Why is December the best month for credit restoration?

You know how busy the stores are this time of year. Imagine all of the millions of additional requests for credit, charges to accounts, and payment history the credit bureaus must update for everyone using credit during the holidays. All of that traffic makes December the best month to use Scorwell's credit restoration services. Since credit …

Why Should You Check Your Credit Report?

Would you go for months without checking your bank account balance? Would you ignore reviewing your monthly credit card statement under the assumption that all the charges on it were valid? If you’re like most people, you wouldn’t, and the same thinking applies should apply to your credit history. Why should you check your credit …

How Your Personal Credit Score Affects a Business Loan Application

When you start a business, you put your personal life under the microscope. Nowhere is the microscope effect truer than in your financial life. Do you know how your personal credit score affects a business loan application? When you launch a company, it has no existing credit score. To determine whether or not you're worthy …

Protect Your Credit During the Holiday Shopping Season

Javelin Strategy & Research's 2018 Identity Fraud Study (its most current) revealed that the number of identity fraud victims increased by eight percent (rising to 16.7 million U.S. consumers) in 2017, a record high since the organization began tracking identity fraud in 2003. A similar study through the Federal Trade Commission found that credit card fraud involving …

Credit Reports vs. Credit Scores: What Matters Most?

Here at Scorewell, our credit management experts tell our clients to focus on credit reports over credit scores because there are simply so many scores out there. If you've ever applied for an auto or home loan, you might've noticed that the lender pulls your credit history and score from several sources and the results are …