Newest Answers

Get the Truth and Avoid These 5 Credit Score Myths

January 30th, 2015 | Author:

[C]redit scores are a lot like an unsolved mystery. Everyone has an opinion about how they work, but it seems that nobody knows for sure. Talk to multiple people and you will get conflicting stories. Trust in the wrong information and you can do more harm than good to your credit score. Here are five...Continue Reading »

3 Tips for Getting Approved for a Credit Card

January 29th, 2015 | Author:

[I]t is often frustrating to get turned down for a credit card, especially if you had done research and chosen one that you thought would be an easy approval. Sometimes it is a low credit score that is the reason, but other factors may also cause rejection even with a good score. Here are three...Continue Reading »

Why Getting Married Affects Your Credit

January 28th, 2015 | Author:

[I]f you have plans to get married in 2015, congratulations. It is a big step in your life and one that should be filled with excitement and happiness. If you have heard that getting married impacts your credit score, you may wonder what will happen when you say “I do.” Everything and Nothing Changes The...Continue Reading »

How to Stop Overspending and Improve Your Bad Credit

January 27th, 2015 | Author:

[E]ven if you make your payments on time every month, you cannot have a perfect credit score if you max out your credit cards. In fact, your credit may be only average even if you do everything else right. It is because how much you use your available credit has a big impact on your...Continue Reading »

Break These 4 Bad Habits to See Your Credit Score Improve in 2015

January 26th, 2015 | Author:

[M]any people make resolutions at the beginning of the year only to find that they are broken by the middle of January. It can get discouraging, especially if your resolution was to improve your credit score. Instead of just focusing on what you should do, you also need to think about what you must stop...Continue Reading »

5 Top Apps to Improve Your Credit in 2015

January 23rd, 2015 | Author:

[I]t’s a new year and you have new goals to get your credit in order. Maybe you want to buy a house or a new car or you just want to stop the collectors from calling you. No matter what your reason is for improving your credit, these apps can help make it easier. 1....Continue Reading »

Why Maxing Out Your Credit Cards is Bad for Your Credit Score

January 22nd, 2015 | Author:

[N]ow that the holidays are behind you, the focus may move to paying off your credit cards. They probably took a hit during the busy shopping season and may even be maxed out. If this is the case, you want to make paying them down quickly a top priority. Otherwise, you may find out that...Continue Reading »

Understanding Credit Scoring Systems

January 21st, 2015 | Author:

[Y]ou check your credit score and are impressed to see that it has raised to 640 after a lot of hard work. You go apply for a loan or credit card and are turned down. In the rejection letter, it states that your credit score was only 583. Why the discrepancy? Can you trust any...Continue Reading »

Special Credit Scores that Impact Your Life

January 20th, 2015 | Author:

[Y]ou know that credit scores are used to predict your likelihood of repaying a loan or paying off any credit obligations such as a credit card. Did you know that there are other types of scores that use nontraditional information to make certain determinations? These are secret scores that may be used by certain companies...Continue Reading »

Not All Credit is Good for Your Credit Score

January 19th, 2015 | Author:

[Y]ou’ve been approved for a new credit card. Now your credit score will surely get a boost. While this is most likely the case if you use your credit card responsibly, not all credit is good for your credit rating. Here is a look at some credit that can actually hurt you or at least...Continue Reading »

Bad Habits to Break to Get Out of Debt and Improve Your Credit

January 16th, 2015 | Author:

[A]t the start of a new year, the focus is often on establishing good habits, goals and resolutions. Just as important is breaking bad habits that have put you in your current position. Sometimes, it is just as necessary to resolve not to do something as it is to create resolutions that say “I will”…fill...Continue Reading »