Credit reports are long and dry, and using reports alone to determine risk can be subjective. Credit scores were introduced to be a more objective determination of how likely an applicant was to pay … [Read more...] about How Important Is It To Improve My Credit Score?
Ignorance may be bliss, but not when it comes to your credit score. Lack of knowledge, or knowledge that's inaccurate, can damage your credit score, which will cost you money in higher interest rates … [Read more...] about 5 Credit Score Myths That You Shouldn’t Believe (and 3 Truths You Should)
Nobody really likes to think about his or her credit report. Even if you're 99% certain that your credit is in good standing, requesting your annual credit report can be an exercise in anxiety. … [Read more...] about How To Analyze Your Annual Credit Report And Spot Errors
Many people feel that society looks down on them for having a bad credit score. Unfortunately, for the most part, that's a true statement. This can sometimes be unfair, as there are many reasons why … [Read more...] about What Does It Mean To Have A Low Credit Score?
Everyone wonders how a credit score is calculated. Would it surprise you to know that you actually have many, many scores? That is a scary thought because most people have no idea what goes into a … [Read more...] about How Is My Credit Score Determined?
Your credit report is the foundation of your financial health. And, having a poor credit score can limit your ability to get a credit card, a loan, or even a job. So, if your credit score starts to … [Read more...] about 5 Easy Steps To Help You Restore Your Credit Score
Maintaining a good credit score is more critical than ever. A good credit score enables you to obtain additional credit for important life purchases, such as a car or a home. You can often score … [Read more...] about How To Get A Good Credit Score (And Keep It!)
Understanding your credit score is like peeling an onion. Under the first layer is another layer and under that is another, and so on. In addition, by the time you're done peeling it, you sometimes … [Read more...] about Understanding Your Credit Utilization Rate and How to Improve It
Like it or not, your credit report provides a window into your financial life to see if you're worthy of getting a loan, a credit card, or even a job. Those inquiring can also potentially see whether … [Read more...] about 4 Easy Steps To Disputing Your Credit Report
In almost every situation, maxing out your credit card is a bad idea. While it might be tempting to take advantage of your available credit to live a lifestyle you otherwise could not afford, the … [Read more...] about Is It Ever Ok To Max Out My Credit Card?
Frozen Credit? No Problem. 1. What is a credit freeze? A credit or security freeze is a tool that allows you to shut down access to your credit report. 2. What does a credit freeze do? If … [Read more...] about How To Suspend A Credit Freeze (With Contact Info)
Credit scores are confusing enough for people who actually know how to build credit, let alone for those just starting to build up their credit. A recent study by LendEDU asked millennials about … [Read more...] about 3 Surprising Misconceptions Millennials Have About Credit
You've done the responsible thing and ordered your free credit report from one of the three bureaus. You look it over; there's a lot to take in! Years of your life in the world of credit all wrapped … [Read more...] about Credit Reports: How To Identify Errors And Submit Disputes
Finding financial support when you have a bad credit history can seem impossible. The task can be especially unpleasant when dealing with the wrong sources or financial institutions. Many banks or … [Read more...] about Debt Consolidation Loans for Those With Bad Credit — Frequently Asked Questions
Having a high credit score is important. If, until now, you are not aware of this fact, then you might be missing out on a lot of financial opportunities. You need to make time to understand how this … [Read more...] about Is It Possible To Have A High Credit Score Despite A Rising Credit Balance?