A small claims judgment will affect your credit score because the major credit rating agencies collect public information from federal and local governmen...

Similar to late payments and other information on your credit reports that’s considered negative, a charged-off account will remain on credit reports up t...

Visa, MasterCard and Discover cards have a three-digit CVV printed on the back of the card, usually next to the signature panel. What is the 3 digit CVV n...

Since 90 hundredths is 90 over one hundred, 90 hundredths as a Fraction is 90/100. If you divide 90 by one hundred you get 90 hundredths as a decimal whic...

The action of adding your child to your existing credit card account won’t have any impact on your credit score. Nothing on your credit report indicates w...

Principal is the portion of your credit card balance that comes from making regular purchases. If you carry a balance on your card from month-to-month, th...

A creditor can garnish 25% of your disposable income or the amount by which your disposable income exceeds 30 times federal minimum wage, whichever is les...

Pennsylvania has a statute of limitations of six years for typical debts. If it’s been more than six years since a credit card debt or contractual loan ob...

Debt collectors may not be able to sue you to collect on old (time-barred) debts, but they may still try to collect on those debts. In California, there i...

Generally, a transaction will be pending for one to two days before it is posted to an account. Settlement with the settlement bank usually initiates the ...