If you apply for a credit card, for example, and are declined, you can contact the credit card company and ask that they provide a recon or reconsideration of your application decision. During a recon, the credit card company reviews…
It happens all too often. A consumer pays down a large balance or receives a promise to have a bad debt or other negative mark removed from their credit report. The consumer, rightfully proud and excited, applies for credit almost…
When you close an account or tradeline, you retain the age of that tradeline for 10 years. But, you could still be negatively impacted by a closed account. For instance, closing a credit card will result in a higher utilization…