Newest Answers

How Different Types of Credit Affects Your Credit Score

September 1st, 2014 | Author:

[Y]ou know the importance of having credit if you are trying to improve your credit score. However, not all credit is created equal. Some types of credit will weigh more heavily on your score than other types. Here is a look at your choices about the types of credit you can get and which ones...Continue Reading »

Can Your Credit Cards Hurt Your Credit Score?

August 29th, 2014 | Author:

[W]hen you ask about building credit, you often hear the advice to get a credit card. This helps establish your history of responsible financial management. It allows other creditors to see how you maintain a credit line and pay your monthly payments on time. However, you may wonder if having a credit card ever hurts...Continue Reading »

Understanding Debt Utilization to Improve Your Credit Score

August 28th, 2014 | Author:

[M]aking your payments on time is the single most important factor in determining your credit score. However, it is not the only factor. Debt utilization is also a big priority and can impact your credit score. In fact, it is often the area people work on when trying to improve a bad credit score. What...Continue Reading »

Top 10 Places to Get Credit Score Information Online

August 27th, 2014 | Author:

[T]here is a lot of information on how to improve your credit score online. Some of the sites are reputable and use experts to provide accurate, understandable information. Other sites should be avoided. Here is a look at ten of the best places to learn more about your credit score. 1. This is the...Continue Reading »

Protecting Your Credit Score with Credit Cards You Never Use

August 27th, 2014 | Author:

[M]any people have one or two credit cards they use regularly. They are often rewards cards that pay them for use. But what about those other credit cards that you got before you had credit good enough to qualify for the rewards cards? What should you do with them? It is common for people that...Continue Reading »

Little Known Facts about Credit Scores

August 26th, 2014 | Author:

[A] lot of information is available about credit scores and credit ratings, but not all of it is true. Some of it may be misleading while other information is completely false. Here are a few facts that may be misunderstood. Credit Scores Change Constantly Even if you pull your credit score one day and the...Continue Reading »

Boosting Your Credit Score By Removing a Debt Collection

August 25th, 2014 | Author:

[I]f you have done any research on credit scores, you probably know that one of the worst things to have on your credit report is a collection. Just one or two of these can give you a bad credit score that will take many months and even years to recover from. If you have some...Continue Reading »

3 Things You Need to Know About Credit Scores Before Buying a Home

August 22nd, 2014 | Author:

[I]f you are considering buying a home, you need to take some time to think about your credit first. It will play a substantial role in whether you get approved for a mortgage and what kind of rates you will pay. It will even impact what kind of home you can get based on your...Continue Reading »

Top 4 Tips to Raise Your Credit Score

August 21st, 2014 | Author:

[I]f you are looking to buy a house in the future, you need to have a good credit score. Even if it is a few months or a year or two away, you can start making decisions that will raise your score. Here are three tips to help you improve your credit rating and have...Continue Reading »

How Bad Credit Impacts Your Life

August 20th, 2014 | Author:

[S]ure, you know you need a good credit score to qualify for a mortgage, but did you know that there are many other ways it impacts your life? Here is a look at some of the ways those three little numbers can make life easier or more difficult. Insurance Your insurance company may pull your...Continue Reading »

Deal with Medical Bills Before You Ruin Your Credit

August 19th, 2014 | Author:

[L]arge medical bills can have a negative impact on your credit score. They are usually the result of a serious injury or illness. Compounded by the fact that you have been dealing with other issues, you may have been out of work and have less money to pay those bills. So, how can you avoid...Continue Reading »