What Happens When a Family Member Steals Your Identity?

What Happens When a Family Member Steals Your Identity?

Identity theft occurs when someone uses your identity for their own financial gain. This can especially be a sticky situation when the identity thief is done by a family member. You will feel betrayed and violated leading to trust issues. However, you may find it hard...
The Cost of Living with Bad Credit

The Cost of Living with Bad Credit

Your credit rating is important for your financial health. With a bad credit score, you will be subjected to high interest rates whenever you take a loan or borrow. It may also affect your expenses such as insurance, the result? Unfortunately subjecting you to higher...
How to Establish Credit for the First Time

How to Establish Credit for the First Time

Establishing credit for the first time may be tricky. If you do not have a credit history, it will be difficult to get a mortgae, credit card, or even a loan. So how do you show a repayment history if you can’t get credit? To have a credit score, you should have an...
Common Credit Questions

Common Credit Questions

What is a credit report? When you apply for credit, the lender reviews your credit report before approving your application. The three major credit reporting agencies are Equifax, Experian, and TransUnion. These agencies, which are also called “bureaus,” collect and...
How long do negative items report on your credit report?

How long do negative items report on your credit report?

One of the most frequent questions our clients at Optimus Credit ask us is how long do negative items report on your credit report? Below is a list of various accounts and how long they can remain on your credit report. Delinquencies (30 – 180 days): Can remain seven...
SSL Certificates