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How can you ruin someone credit? |



Personal finance is a complicated subject, but it doesn’t have to be. With these four steps, you’ll find your way around the financial jungle and get out of debt faster than ever before.

never trust atm machines to tell you your checking account balance” is a tip that can help you ruin someone’s credit. You should never trust the ATM machine to tell you your checking account balance, because they are not always accurate.

Here are six things you could be doing that, whether you know it or not, are destroying someone else’s credit.

  1. Failure to repay a co-signed loan.
  2. As an Authorized User on a Credit Card, you may amass debt.
  3. You are not paying your share of the rent.
  4. Late Library Book Returns (or Not at All)
  5. After a breakup, bailing on shared debts.

Is it possible to sue someone for destroying your credit?

If your credit has been harmed due to no fault of your own, you may be able to sue and receive a big payout.

Is it also true that canceling cable has a negative impact on your credit? Of course, paying your account in full is always a good idea — it won’t hurt your credit score. 2. My credit score may be badly damaged if I miss a bill payment. This is only true for payments requiring credit payback, such as a mortgage, credit card, or vehicle loan.

With this in mind, may someone else have an impact on my credit score?

Your personal money and obligations, as well as any financial relationships you have, have an impact on your credit score. Only if you have a combined credit account or have submitted a joint credit application with that individual will their assets/debts influence your score.

What can you do to improve your credit score?

Income isn’t included on your credit reports and has no effect on your credit score. However, paying 30 days late or relying heavily on credit cards might lower your score. No, I’m afraid not. Receiving a credit denial has no bearing on your credit score.

Answers to Related Questions

Is it possible to sue for an improper credit check?

If someone runs a credit check on you without your permission, you may sue them in civil court, but you’ll probably need a lawyer and will have to establish the conduct was malicious. You should contact the lender and urge him to delete this query from the credit bureaus in addition to taking legal action.

Is it possible to sue Experian?

Yes, credit reporting organizations such as TransUnion, Equifax, and Experian may be sued. The lengthy answer is that filing a lawsuit against the credit bureaus is a difficult procedure that requires you to complete certain steps before proceeding. To begin, you’ll need to get a consumer disclosure.

Is it possible to sue for bogus collections?

Persons and groups of individuals may sue collecting agencies under federal law, but you must do so within one year of any claimed infringement of your rights. If you win, you may be compensated for your losses as well as an extra $1,000 in “statutory” damages.

Is it possible to sue a credit card company?

Despite the fact that many financial organizations have arbitration agreements prohibiting you from suing them, you may sue the vast majority of credit-card firms. Consumers are barred from suing firms under the agreements, which require them to resolve problems via arbitration rather than going to court.

Is it possible to sue a creditor?

In StateCourt, sue the debt collector.

The customer has the right to sue the debt collector in state court. You must establish that the debt collector violated the FDCPA in your claim. If you are successful, you may be entitled to $1,000 in statutory damages, and maybe more if you were harmed as a result of the infringement.

What can I do to improve my credit report?

Begin by informing the credit bureau of any inaccuracies you see. Unless your dispute is considered frivolous, credit bureaus must examine the item(s) in question—usually within 30 days. Include copies of papers that support your argument (NOT originals).

How can I get my credit back on track after a divorce?

After Divorce, How to Rebuild Your Credit

  1. It’s possible to live on a shoestring budget.
  2. Maintain a close eye on your credit score.
  3. Joint Debts Should Be Addressed with Your Ex-Spouse.
  4. Deal with the bills you can’t afford.
  5. Before applying for new credit, change your last name.
  6. Make Your Own Credit.

How can I keep my credit safe throughout my divorce?

Keep your good credit safe.

  1. Joint accounts should be closed or separated. If at all feasible, speak with your ex-spouse.
  2. Make a list of your assets. You may need to refinance your property to remove one of your names from the mortgage, or you may need to sell it and share the revenues.
  3. Continue to pay all of your bills.

Is poor credit based on a person’s name or address?

There is no such thing as a blacklist of addresses.

Your credit score is mostly determined by your previous credit behavior. This implies that factors such as your geographic location or who resided at your residence before you should have no effect on your score.

Is a credit check based on your name or your address?

No, credit checks are conducted on persons rather than addresses. Your address is just used in conjunction with other information to assist in the verification of your identification. If you share money with others, such as a shared mortgage, you may be connected to them on your credit report.

Is it possible for your address to get blacklisted?

Isn’t it true that if an address is blacklisted, you won’t be able to receive credit if you reside there? No such thing as a blacklisted address exists. And there isn’t a large list of addresses that lenders look at when considering whether or not to lend to you.

What does it mean to have a good credit score?

A credit score of 700 or more is typically regarded favorable for a score ranging from 300 to 850. On the same scale, a score of 800 or more is deemed good. The majority of credit scores range from 600 to 750.

Is my credit affected by my partner’s negative credit?

Even if you’re not applying jointly, if you have a bad credit score, it might hurt your partner’s potential to receive credit. If one of you has a poor credit score, a company may reject your application for joint credit (e.g., a shared mortgage).

Is your address subject to a CCJ?

Because a CCJ is related to the person rather than the property, if the debt collection agency changes its data to indicate that the debtor no longer resides with you, any record of the CCJ at your home will be erased. As a result, a CCJ for someone else should have no effect on your address.

What financial ties do you have to someone?

In a word, if you apply for credit with someone else, such as a loan or a mortgage, you are financially related to them, and your credit report will reflect this. Being financially linked to someone will not damage your credit score, but it may influence how lenders regard you.

What is the length of time that an address remains on a credit report?

Negative information on credit reports, such as late or missing payments, accounts sent to collection agencies, accounts not paid as promised, or bankruptcies, often remains on credit reports for seven years.

Is it true that moving your address has an impact on your credit score?

While changing your address will not have an impact on your credit score, some factors of relocating may. Your credit score is unaffected by the number of different addresses that show on your credit record. The most important element is your payment history, which is closely followed by your credit consumption.

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Personal Finance

Instant Money Transfers: How to Speed Up Your Financial Transactions?




People today are no longer limited to using traditional banking methods and payment options like cash or checks for their financial transactions. With digital payment options becoming increasingly popular, money transfers have become easier. However, while these solutions offer convenience, they only sometimes guarantee a speedy transaction of funds from one party to another. If you need an instant transfer solution that allows you to move your funds without any hassles quickly, keep reading. Here are some tips to help you get started with an instant money transfer:

Find a Trustworthy Money Transfer Provider

Finding a trustworthy money transfer provider is paramount in ensuring your money’s safe and efficient transfer. Start by researching different providers, particularly their reputation, customer reviews, and transaction security protocols. The team at Paysend can help you send money to the Philippines from the USA in just a matter of seconds. A reliable provider should have a robust security framework to guard against fraud and hacking attempts. Additionally, consider the speed of their service, the fees they charge, and the exchange rates they offer.

Some providers may offer attractive transfer rates but compensate with hidden charges, so read the fine print. Customer service is another important factor; a good provider will have a responsive and knowledgeable support team to promptly address any issues or concerns. Regulatory compliance is also crucial – ensure the appropriate financial authorities regulate the provider. Remember, a trustworthy provider prioritizes the security and satisfaction of its customers above all else.

Select Your Preferred Payment Method

Choosing your preferred payment method is a critical step in instant money transfers. Several payment methods are available, and the best choice often depends on one’s circumstances and preferences. The most common payment options include bank transfers, debit or credit cards, and digital wallets. Bank transfers, while reliable, may provide a different speed than some users require. Debit or credit card payments are typically faster but may carry higher fees.

Digital wallets like PayPal or Apple Pay offer speed and convenience, allowing you to transfer funds digitally without requiring bank account information. The factor to consider here is not just the convenience of the payment method but also its transaction speed, security, and associated charges. Always select a payment method that suits your needs regarding these factors.

Sign Up for an Account

Once you have selected the ideal payment method and provider, it is time to sign up for an account. Most providers will require personal information such as your name, address, email ID, and phone number, so make sure the details you provided are accurate. You might also be asked to supply additional documents, such as identification proof and bank statements, to verify your identity.

Sometimes, you may need to link your bank account with the transfer provider’s platform; read through their documentation carefully to understand what steps you need to take. Once the registration process is complete, you can access and use the money transfer service for quick transfers.

Initiate the Money Transfer

Most providers will require you to register on their platform with valid ID documents before proceeding. Enter all the necessary details correctly and accurately, including recipient information and account numbers. Additionally, make sure that you double-check the amount of money being transferred and the associated fees.


Confirm everything is correct before hitting ‘Send’ to avoid costly mistakes or delays in transfer processing. You should receive an email or text message confirming the transfer with your transaction details, including the recipient’s account information and a tracking number. You can use this tracking number to monitor the progress of your money transfer.

Complete the Money Transfer Process

This usually requires providing basic information such as the recipient’s name, address, and contact details. Depending on your provider, you may also need to specify what currency you’re sending and offer additional security authentication. Once this is done, enter the amount you wish to transfer, verify the transaction details, and approve it. After that, your money should be on its way to the recipient’s account immediately.

Some providers offer extra features such as tracking services or reminders for upcoming transfers for added security and convenience. These features can come in handy when sending payments regularly or tracking the status of a transaction. Additionally, look out for any special offers, discounts, or rewards available to loyal customers. Many money transfer providers offer these incentives as a way of showing appreciation and encouraging loyalty among their customers.

Monitor the Status of Your Transfer

Most providers will allow you to monitor the progress of your transfer in real time. Some may even send notifications via email or text message when the money reaches its destination. If you sense any delays, contact customer support for assistance. Money transfers can take a few minutes to several hours, depending on the selected payment method and recipient country.


Finally, always save all records related to your money transfers, including emails and receipts. If there are any discrepancies or disputes, you can refer to these documents for clarification. With the help of a reliable provider and modern payment methods like digital wallets, you can now easily make instant money transfers. So get started today and experience the convenience of instant money transfer services.

Receive and Verify the Transaction

Once the money has been transferred, you or the recipient should receive a notification of completion. At this point, ensuring the transaction was successful, and all details were correct is important. For security purposes, some providers may ask for additional verification from either party to avoid fraud and other malicious activities. This process could include providing a digital signature or proof of identity.

Once the verification is complete, the funds should be available in the recipient’s account almost immediately. If you have any concerns, contact customer support to get assistance or help resolve any issues. Remember that reliable providers prioritize customer satisfaction and security above all else. With these steps, you can now easily and safely transfer money with instant money transfer services.

Nowadays, it’s more important than ever to employ secure digital payment methods in your daily financial transactions. That’s why researching which providers offer the best services regarding speed, security, transaction fees, and customer support pays off. With the right provider, you can have peace of mind knowing that your money transfers will be conducted instantaneously and securely.

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Personal Finance

The Ins and Outs of Getting a Loan With Bad Credit




If financial difficulties or uninformed decisions have left you with bad credit, you may not know where to turn for a loan. While borrowing money with a low credit score may take additional research or work, it’s likely still within your reach.  

Many lenders offer bad credit loans for people who need extra cash but may not have the best credit background. Applying for a loan with bad credit may feel intimidating, but the following considerations could make the process easier.

Start by Checking Your Credit

Before you begin shopping for loans, check your credit report. Some creditors require specific scores for each loan product, even those designed for bad credit, so knowing your score saves you time.

It’s also important to check your credit report for errors that may drag your score down and limit your loan options. You can access this information from Equifax and TransUnion for free online.

Compare Your Options

While a lower credit score likely disqualifies you from some personal loans, you may still have many options. Some lenders offer loans specifically for people with low credit scores who struggle to qualify for other options.


Bad credit loans may require a deposit or other fees, have higher interest rates than other loans, or include income requirements. However, they may also offer a wide range of payment terms and options like online portals that make managing your loan easier. With some research, you could find the right fit for your circumstances.  

Whenever possible, take advantage of loan prequalification. Many lenders allow you to check your potential eligibility for a loan by providing personal and financial information. They use that to run a soft credit check, which doesn’t affect your credit score. If you pre-qualify, they’ll provide information about possible rates and terms. You could complete prequalification forms for multiple loans to help you find your best option.

Improve Your Application

Some financial decisions improve your loan eligibility. A friend or family member with better credit may agree to co-sign your loan. In that case, their financial information influences your eligibility for a loan.

Cosigners take on substantial risk. If you fail to repay your loan, your cosigner becomes responsible. Likewise, issues with the loan could hurt their credit score and put a strain on your interpersonal relationship.  


If multiple lenders have declined your applications for unsecured loans, consider a secured loan instead. Secured loans require collateral, like a deposit, car, or other property. If borrowers don’t repay their loans, lenders may seize the collateral. Lending institutions don’t take on as much risk with secured loans as unsecured loans so they may have more lenient credit requirements for borrowers.

Avoid Scams

Unfortunately, fraudulent lenders often exploit consumers who have limited loan options. Before providing a lender with any personal or financial information, ensure they’re legitimate. Otherwise, you risk having your identity stolen or paying fees for a loan you never receive.

Be wary of anyone offering guaranteed approval or soliciting your business via cold calls. Always verify loan servicers’ contact information and check their reviews on trusted third-party websites.

The Bottom Line

If you have bad credit, you could still qualify for a personal loan. Remember to check your credit score, investigate your options, and confirm a lender’s legitimacy before applying. If you still struggle to qualify, you may need a cosigner or collateral to boost your application.

By taking some extra steps, you can make getting a loan easier and safer.

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Personal Finance

Four Ways to Save on Fuel in 2023





From increasing energy bills to price hikes at online stores and supermarkets, all individuals globally feel the need to make their money to go further and do more. And there has never been a perfect time to know how to save more on fuel than now.

From getting fuel cards with great deals and driving more efficiently to using telematics and keeping your vehicle in good condition, here are different ways to save money on fuel.

Get a Fuel Card

A fuel card can provide you with more than the ability to purchase fuel from a good station. With a fuel card, you can control your business’s fuel spend by getting discounts on fuel pump rates, setting spending limitations, and increasing your cash flow – all enabling you to save a significant amount of money.

Fuel cards allow savings on fuel, which means that the price you pay is always less compared to the one indicated on the fuel pump machine. With numerous fuel cards available out there, find the right partner with excellent deals.

Use Telematics/Advanced Route Planning

Digital telematics solutions come with real-time GPS tracking as well as remote automobile diagnostics helping individuals and company owners to thoughtfully plan the most efficient routes depending on different data points. A high-quality telematics solution also integrates with route optimisation systems to plan the most efficient routes and offer turn-by-turn directions and navigations.


Well-planned routes allow automobiles to get from point C to D efficiently, significantly minimising time spent and distance covered, saving on fuel. Heavy-duty automobiles can avoid routes with steep hills. You can also re-plan a hilly route for a light and medium-duty automobile.

But as you do that, ensure the route you choose doesn’t take your drivers too far. Side-step all congested routes and those that require excessive stopping and starting or cause unnecessary idling.

Drive More Efficiently

One of the proven ways to save on fuel is to manage driver behavior. Whether you’re a driver or fleet manager, you need to keep yourself or drivers accountable for how they utilize their fuel cards.

You should also reinforce ways to conserve fuel through safety training – many of the behaviors that are taught as techniques of safe driving, such as driving more efficiently. Most businesses and individuals use telematics to control driver behavior, such as harsh accelerating or braking, to maximize return on investment by minimizing fuel spend.

Keep Your Vehicle in Good Condition

If you keep your automobile in excellent condition by servicing it in line with the guidelines of the manufacturer, it’ll help you save on fuel costs. Fix any faults quickly to make sure your vehicle is operating efficiently.


When you keep your car in excellent condition, you’ll enjoy numerous benefits, saving fuel being one of them. A vehicle that isn’t serviced based on the guidelines of the manufacturer can increase the consumption of fuel by approximately 50%.

Integrate these four ways into your automobile’s daily activities, and you’ll be able to save on fuel.

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