Eric Counts is the visionary entrepreneur behind CreditNerds.com, a leading name in the credit repair and business funding industry. With a passion for financial empowerment and a commitment to helping individuals and businesses achieve their financial goals, Eric has built CreditNerds.com into a trusted resource for credit repair and funding solutions.
A sudden drop in your credit score can be frustrating, especially if you’re unsure why it happened. Credit scores fluctuate based on your financial behavior, and understanding the factors behind these changes can help you take control. If you’re asking yourself why did my credit score drop, here are some of the most common reasons […]
You’ve got an old credit card you never use. Maybe it has no rewards, a high interest rate, or you’ve just moved on to better cards. Closing it seems like the smart, responsible move… right? Not so fast.Closing a credit card, especially an old one, can actually hurt your credit score if you’re not careful. […]
You make a budget. You swear you’ll stick to it. Then… life happens. A few dinners out, an unexpected expense, and somehow you’re back in the red wondering what went wrong. If this sounds familiar, you’re not alone. But the good news is: going over budget doesn’t have to be your norm. With a few […]
Personal loans are one of the most flexible financial tools available, but many people don’t fully understand how they work or when they’re a smart choice. Whether you’re facing a financial emergency, consolidating debt, or planning a big expense, a personal loan can offer a structured way to borrow money often with lower interest rates […]
If you’re trying to build or rebuild your credit, you’ve probably heard that a secured credit card can help. But do they really work? Can a secured card actually raise your credit score? The short answer: Yes—but only if you use it wisely. Let’s break down how secured cards work, how they affect your score, […]
Losing your job can feel like your world just flipped upside down. Between the emotional stress and the financial uncertainty, your credit might be the last thing on your mind, but protecting it now can save you a lot of pain down the road. The good news? Even during tough times, there are smart moves […]
If you’re overwhelmed with multiple debts, you’ve probably heard of two popular strategies to pay them off: the Debt Snowball and the Debt Avalanche. Both methods can help you get out of debt, but they take different approaches, and choosing the right one depends on your personality, financial goals, and discipline. Let’s break down each […]
On May 18, 2025, Capital One Financial Corporation finalized its $35.3 billion acquisition of Discover Financial Services, marking one of the most significant mergers in the U.S. financial sector in recent years. This all-stock deal combines two of the nation’s largest credit card issuers, creating a formidable competitor to industry giants like Visa and Mastercard. […]
Pursuing higher education can be expensive, but bad credit does not have to be a barrier to getting a student loan. Many students worry that a low credit score will prevent them from securing funding for college. However, several options exist for students with poor or limited credit history. Federal student loans, in particular, are […]
Errors on your credit report can impact your credit score and financial opportunities. If you notice incorrect information, you have the right to dispute it for free. Understanding how to dispute credit report information and correct errors is essential to maintaining an accurate credit profile. Whether you choose to file a dispute online, by mail, […]
