Newest Answers

Millennials and Credit: What They Do and How They Can Improve

November 26th, 2014 | Author:
h

[M]illennials have a different viewpoint towards money, shopping and credit than the generations before. Here is a look at some of their typical behaviors and what they can do to ensure they have the best credit score possible. Going Online Millennials are more comfortable with technology and the internet than any other generation. They not...Continue Reading »

Why Your Credit Score is About More Than Just Credit Cards

November 25th, 2014 | Author:
h

[W]hen you think about your credit rating and your credit score, you probably focus on your credit cards and loans. Those forms of credit weigh heavily in whether you have a good or bad credit score. However, some bills and fees that are not credit-based can also impact your score. Parking or Traffic Tickets It...Continue Reading »

Don’t Let Your Kids Ruin Your Credit

November 24th, 2014 | Author:
h

[A]s your kids get older, you want to teach them the value of credit. What better way to do that than to put them on your card or even co-sign for a card with them? However, you must be careful to protect your own credit. Beware the Dangers of Signing Whether you are adding them...Continue Reading »

Does More Credit Cards Mean a Better Credit Score?

November 21st, 2014 | Author:
h

[O]ne of the things you hear a lot when you are trying to establish or rebuild credit is to get a credit card. It may not make an immediate impact on your credit score, but it will help over time if you make your payments before the due date. If One is Good, Two Must...Continue Reading »

Are Bad Credit Loans a Bad Idea?

November 20th, 2014 | Author:
h

[Y]ou’ve been turned down by every reputable lender for a personal loan. You want to pay off your debts and improve your credit score. The only option you have is to get a bad credit loan. But should you? When It is Your Only Alternative A bad credit loan should never be your first choice...Continue Reading »

4 Ways to Get More Money to Pay Off Debt and Raise Your Credit Score

November 19th, 2014 | Author:
h

[O]ther than paying your bills on time, the one thing you can do to raise your credit score the most is pay down your debt. This is especially true of credit card debt since it is revolving debt and credit utilization plays such a big role in your score. Most people don’t have a lot...Continue Reading »

Three Choices for Dealing with Credit Scores

November 18th, 2014 | Author:
h

[C]redit scores can be confusing. So much information is included on a credit report along with codes that it can seem overwhelming. People who have had low credit scores often resort to one of three ways of dealing with them when they don’t understand the reason behind the numbers. Method #1 – Ignore Credit If...Continue Reading »

The Combined Credit Score: FICO

November 17th, 2014 | Author:
h

[Y]ou’ve probably heard about all kinds of credit scores if you are trying to find out your number or improve your credit rating. You may know that each of the three major credit reporting agencies, Equifax, Experian and TransUnion, give you a credit score. You may even wonder if there is a combined credit score...Continue Reading »

Credit Score Interpretation: Understanding Why It Takes 7 Years to Get Bad Stuff Removed

November 14th, 2014 | Author:
h

[M]ost negative information can stay on your credit report for seven years. Have you ever wondered why the magic number is seven and if there is any way around it? Congress instituted the time for negative data to remain on credit reports back when the Fair Credit Reporting Act was put in place. Many people...Continue Reading »

Can You Get a Free Credit Score 3 in 1?

November 13th, 2014 | Author:
h

[A]re you looking for a report that gives you a free credit score from each of the three major credit bureaus? While you can get some variations, it is generally not possible to get all three of your credit scores for free. That’s the short answer. Here is a more in-depth look at getting free...Continue Reading »

Can You Buy the Credit Score You Want?

November 12th, 2014 | Author:
h

[P]eople today live in a society where you can buy just about anything you want. The idea is that everything comes with a price and if you are willing to pay enough for it, then it can be yours. So, it makes sense to think that buying a credit score would be an option. The...Continue Reading »