Miss a student loan payment? It never hurts to send a goodwill letter to the lender explaining what happened. Missed loan payments could hurt your credit if you don't act fast. Whether you were ...

Payment history is a major consideration when it comes to calculating your credit score, making up 35% of your total score. A ...

Late payments can stay on your credit reports for seven years, hurting your credit health and making it harder to get approved for financing. Of the five factors that determine FICO credit scores, ...

Could you boost your credit score just by writing a letter? Find out here. Image source: Getty Images. A high credit score is essential to get approved for financing and to get loans at favorable ...

No matter how diligent you are with your money, there are a variety of unpleasant life events that can temporarily put a crimp in your credit, such as a medical emergency or a job loss. To make ...

A goodwill letter is a formal written request asking a creditor to remove a negative mark, like a late payment, from your credit report. Goodwill letters are most effective if your payment history and ...

A goodwill letter is a DIY approach where you directly contact creditors to request the removal of negative marks due to extenuating circumstances. In contrast, credit repair services are third-party ...

No matter how diligent you are with your money, there are a variety of unpleasant life events that can temporarily put a crimp in your credit. You might have a medical emergency or experience ...