Credit Questions are Answered

January 12, 2010
I have begun to answer credit questions.  This might be my calling.  I have noticed a lot of questions that are commonly asked on forums that I monitor and just throughout the web.  Why not put them all in one place answer them, so people don't have to scroll through mounds of answers to find what they are looking for.

To be honest there is a lot of good stuff out on the web, but there is a lot of misconceptions and myths about credit that just wrong.  A lot of people are led astray everyday and given the wrong advice.  I hope to give trusted and experienced advice for these important questions here.

I have made up some sample questions on some of the pages and hope to get a lot of honest questions from visitors.  I hope this will help.  Here is also a great guide that will help people's credit.
 

FICO releases credit scoring formulas for first time

December 15, 2009

This is huge!  For the first time the credit scoring people are letting us in on how they decide our futures.  Why haven't they done this before?  It still is pretty much pay your bills on time or you will pay mentality.

Surprisingly, you take more of a hit to your score if you have a higher credit score.  Which doesn't make any sense to me.  ~I guess if you have good credit and pay your bills on time, you should be punished more for being late~.  Yeah, that doesn't make any sense.

So one 30-da...


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Credit Jerk Begins

December 7, 2009
So I'm not really sure where this site and this blog is going, but Credit Jerk is here.  I am a typical American.  I've had my fair share of financial problems, including credit card debt, hospital bills, and bills I forgot about, oops.  Sometimes I forgot, sometimes I just didn't have any money.  Like most people I don't like to work, that can be a problem when you need money.  I get by though.  I work enough and try to find something I enjoy doing to get the bills paid, so I can enjoy life....
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Credit Jerk


Just a guy that knows credit doing what I do.
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