Closing Credit Cards: When Should You Do It

You’ve gotten a new credit card and are looking to get rid of the old one that’s been with you since the dawn of time. Sure, you’ve had some good times together. After all if it wasn’t for your trusty credit card you wouldn’t have been able to pay for all those dates to impress […]

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RE Business Credit Q & A | REI Diamond Interview w/Bob Morales

Last week, Better Qualified’s own Bob Morales was featured in REI Diamonds’ interview. Bob spoke about business credit profiles and how to obtain business credit in an LLC. Here are some of the highlights from the interview. For full interview, please listen above. Dan Breslin: “Bob, What is the benefit of having business credit?” Bob […]

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Bad Credit Will Control Your Life

How your credit looks can affect the way you live your life. Having bad credit can destroy you financially and be the difference between spending and saving some serious dough each month. A prime example of this would be an auto loan. Cars are necessities. Bad credit will cause you to pay thousands extra on […]

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Game of Loans – A Guide to Defeating Student Loan Interest

Interest is Coming…. In the hit HBO series Game of Thrones, royal families prepare to go to war against each other in a quest for power. Recent college graduates are about to go to war as well…. war with student loan interest. Maybe you’ve been out of college for some time now and are currently […]

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The Steps to Good Credit – Credit’s Do’s and Don’ts

The Dos and Don’ts to Good Credit Your credit score is the most important number in your life. It can determine whether or not you will be owning a new home, driving the car of your dreams, or even securing that new job you just had an interview for. Having a good credit score can […]

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IRS Security Breach: What You Need to Know

The recent IRS security breach it shouldn’t come as a surprise. After all, the IRS has paid out $5.8 Billion in fraudulent refunds from 2011 through 2014. Yes, you read that correctly, Billion with a “B.” So how could this happen? You would think the government of all organizations would have enough security to keep […]

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Kansas City Woman Awarded $82 Million In Debt Collection Case

A Jackson County jury ordered collection company Portfolio Recovery Associates LLC to pay $82 million dollars to KC resident Maria Guadalupe Mejia. Mejia had this debt mistakenly attached to her by Portfolio Recovery. The actual debt holder was a man with a very similar name. Portfolio Recovery had failed to hand over documents requested by […]

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5 Reasons To Consider Business Credit

If you own a small business you may want to consider building your business credit. Owning a business is a struggle in itself. How can any new business expect to grow with limited resources and finances? That’s where business credit comes in. Business credit can help take your business further by providing the financial means […]

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Credit Tip: How to Get a Quick Boost in Score

Pay Down Your Accounts If it’s one question we get asked often, it’s how do I increase my score the fastest way possible? First we must understand how your credit score is generated. Your credit score is determined by different factors. One of those factors is your amount owed. If you can pay down your […]

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Paying Off Old Collections

Can Paying off Old Collections hurt you? The short answer is… Yes. Paying off those old collections seems like a great idea, your credit score may decline if you pay a collection that is older than 2 years. When you pay off a collection that has been lingering on the report for some time, the […]

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