Credit can be a confusing concept. CAP wants to make it simple for you! This post is a guide to credit, credit bureaus, credit reports and more. What is credit? Your “credit” refers to your ability to borrow money and how much you can borrow. Your “credit score” is determined by your credit history, and… Continue reading Credit 101
Tag: credit freeze
Protect Your Credit: Get a Free Freeze
Under the Economic Growth, Regulatory Relief and Consumer Protection Act, credit freezes are free of charge to anybody, regardless of whether or not they are victims of identity theft. This new law requires credit-reporting agencies to eliminate the cost of credit freezes, credit unfreezes (thaws) and yearlong fraud alerts to consumers. Website Required: The three… Continue reading Protect Your Credit: Get a Free Freeze