What is a Good Credit Score?

Excellent Credit Score

With 56% of Americans having poor or bad credit, good credit can be hard to come by… But what is a good credit score exactly? Different lenders may have different definitions of what a “good” credit score is. One lender may approve clients with a 640 credit score or higher while another might approve clients […]

What Makes Up Your Credit Score?

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Why do we have credit scores? What makes up your credit score? Did you know 56% of Americans have bad credit? Credit scores were implemented to determine the creditworthiness of a borrower. The higher the credit score, the more likely the consumer will pay his or her bills on time. While the most important piece […]

Avoid These Summer Scams

Vacation

Summer is back in full swing and that means plenty of BBQs, concerts, and vacations. With summer also comes a variety of scammers looking for their next victim. Don’t worry, Better Qualified has put together this list so you can take the right precautions to avoid being sucked into these summer scams. Vacation Scams The […]

Closing Credit Cards: When Should You Do It

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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 […]

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

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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 […]

Bad Credit Will Control Your Life

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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 […]

Game of Loans – A Guide to Defeating Student Loan Interest

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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 […]

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

Excellent Credit score BQ blog

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 […]

IRS Security Breach: What You Need to Know

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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 […]

Kansas City Woman Awarded $82 Million In Debt Collection Case

Maria Guadalupe Mejia

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 […]