How your credit score impacts your financial future
Your credit score is one of the most important numbers that can influence the financial success or failure of your life. This score, which comes as a result of your ability to make on-time payments on loans and credit cards, can have a disproportionate impact on your financial future. Here is a look at what […]
How are FICO scores calculated?
FICO scores are your credit scores. They vary from person to person and can increase or decrease weekly, depending on a variety of different factors. Here is a brief outline of how your credit score is calculated. Factors of Your Credit Score There are five main sections that all calculated together to give you a […]
Understanding how a credit score is calculated
Your credit score is incredibly important to your future. Indeed, your overall score is can influence your ability to get a loan, buy a home, obtain affordable interest rates, and more. However, for far too many people, the composition of their credit score is unknown. This is a problem, and understanding how your credit score […]
What does having no credit score mean and how to build one
If you have a credit card, you probably know a little about the importance of having a good credit score. In fact, you may have heard of the no credit score scenario too. If you are new to the topic, however, you might be wondering what that means. Does it mean your score is zero […]
Things that may be hurting your credit score
Your credit score is vitally important to your future financial success. Indeed, those three little numbers can ultimately determine whether or not you are able to get a mortgage, buy a new car, and what sort of interest rates will be available to you. However, many things can hurt your credit score. Some are obvious […]
How identity theft affects your credit scores
According to a research carried out earlier this year (2020) by javelin, identity theft is still a major threat to business. The research and advisory firm revealed that more than 500,000 identity fraud reports are made each month to the federal trade commission that result to a median loss of $200. What is identity theft? […]
Is it worth paying someone to fix your credit score?
Unfortunately, as millions know, there are many real, long-term risks when it comes to having a poor credit score. A low credit score can cost you thousands and significantly hamper your future. These scores are often driven by financial errors that were made by either reporting companies or the individual in question. There are ways […]
How to fix your credit score fast, legally
If you have a low credit score, you know just how important it is to fix it as fast as humanly possible. In many cases, speedy recovery of your credit simply isn’t possible. However, there is good news, as there are a few things you can quickly do in order to quickly and legally improve […]
How long does it take to repair my credit score?
A lot has been said about the disadvantages of having a poor credit score. It not only reduces your chances of getting a loan but also makes the loan terms less friendly. Choosing to repair your credit score does not (necessarily) mean that you are working on your scores directly. It means that you are […]