The financial world today is fraught with pitfalls. One of the biggest issues is your credit score. Lenders — and others — check your credit score regularly to see what sort of default risk you present. Your credit score is largely based on the information that is reported to the major credit bureaus, so it … Read moreHow to Choose the Best Credit Monitoring Service
What number is considered a good credit score rating? On a scale that usually goes from 300 to 850, the short answer is anything above 720. Why does it matter to have a good score? A high credit rating can significantly reduce your borrowing costs (including the interest rate you have to pay the lenders). Even if … Read moreWhat is a Good Credit Score Rating?
Credit card debt is an expensive problem to get out of. You are paying very high interest rates likely between 12-29% APR. If you just pay the minimum payment you could easily pay 50% of the purchase price of the items you bought in interest. It is easy to get into credit card debt by … Read moreCan a Balance Transfer Lower Your Credit Score?
One of the best things you can do for your financial situation is to improve your credit profile. There are a number of people — from lenders to insurers to landlords to employers — who are interested in your credit history. Your credit report contains information that others use to make inferences about how you … Read more3 Reasons to Improve Your Credit Rating
Credit scores are used for a multitude of reasons that extend well beyond lenders using it to approve loans. Other industries have grasped on to the logic of reviewing a credit score before providing services. For instance, car insurance providers will use consumer credit scores to set premium rates and utility companies will run credit … Read more5 Credit Score Myths Debunked
Do you want to know your credit score but are not sure where to look? This article will walk you through the three main ways you can check your scores for FREE. It will also touch on why you cannot get free scores from AnnualCreditReport.com (you can only get free credit reports) and explain the different types … Read moreHow to Get Free Credit Score (No Credit Card Needed)
Years ago I had a co-worker who had a saying: credit cards don’t come with instructions! How true. On the one hand having a credit card makes buying so easy. Just hand over your card, and worry about paying later. No need to carry cash. No need to carry around your checkbook. No need to … Read more5 Important Lessons about Credit that Most People Learn the Hard Way
As you prepare to take out a new loan or mortgage, you will be thinking about your credit score. The higher your credit score is, the better your interest rate on the loan will be. This is important as a lower interest rate means saving yourself a significant amount of money over the life of … Read more5 Ways to Increase Your Credit Score Quickly
One of the first step to help you better understand and improve your credit is to get your credit reports. Your reports give you a better understanding of what’s going on, and offer you the opportunity to spot mistakes that you may want to dispute. What is a Credit Report A credit report is a … Read moreHow to Get Free Credit Reports
You know how important your credit score is. Your credit score determines your financial fate when it comes to a number of opportunities, from interest rates to insurance premiums to whether or not you need a deposit when you order cable TV. However, your credit score doesn’t exist in a vacuum. It’s based on something … Read moreHow to Dispute Credit Report Errors