Term: credit score
24 found

What Credit Score Do I Need to Buy a Car?

By Steven Shaw on 9/12/2014

What Credit Score Do You Need to Get An Auto Loan?

You know it’s time to for a new vehicle, but there’s one thing holding you back: your credit. You aren’t sure what credit score you need to buy a car. If you absolutely must get another vehicle, you can probably find a way to finance it. The real question is what it will cost you. The better your credit, the better your options, and a big factor will be your credit scores.


 

auto loan
Car Loan
credit score
Interest Rate

How Much Will One Late Payment Hurt Your Credit Scores?

By Steven Shaw on 8/22/2014

How Much Will One Late Payment Hurt Your Credit Scores?

You open your credit card statement and discover you forgot to make last month’s payment. Or you get a call from a collection agency about a medical bill you didn’t realize hadn’t been paid. Or you check your credit reports and discover a late payment is marring your otherwise perfect payment history.

credit score
credit scores
FICO
FICO credit score
FICO Score

The New FICO Score: Better for Debtors?

By Steven Shaw on 8/10/2014

new FICO Score 9

If you’ve ever had a debt collector call you, Thursday’s announcement from credit scoring company FICO may be good news for you.

FICO just released the newest edition of its general credit scoring model, FICO Score 9. The big changes come in the area of debt collection: The score will not include paid collection accounts, and it differentiates medical collection accounts from non-medical debt.

credit score
FICO
FICO credit score
FICO Score

How I Raised My Credit Score 67 Points in 3 Months

By Steven Shaw on 5/7/2014

How I Raised My Credit Score 67 Points in 3 Months

 

You can’t blame Eddie for feeling like trying to build better credit was a lost cause. In the spring of 2011, he lost his job. When he found another one three months later, he had to take a significant pay cut. He managed to keep paying his mortgage, car payment and utilities on time, but his four credit cards “went into the toilet. That killed my (credit) score,” he wrote in an email. At the end of that horrible year, he found a better-paying job, but by that time, he said, “the damage was done.”

 

credit score
credit scores
FICO credit score
improve credit score
Raise My Credit Score

Don’t Let Your Vacation Wreck Your Credit

By Steven Shaw on 5/29/2013

Don't Let Vacation Wreck Credit

Summer vacations are supposed to be care-free and enjoyable. The most perplexing challenge we want to be faced with is: “Should I wear my sandals or my flip-flops today?”

budgeting
credit cards
credit score
vacation

Why Isn’t My Mortgage on My Credit Report?

By Steven Shaw on 5/23/2013

Why Isn't My Mortgage on My Credit Report?

A mortgage can provide a strong, positive reference on credit reports and boost your credit scores. But sometimes lenders refuse to report those payments. What do consumers do then? Our reader Omar wrote on the Credit.com blog:

credit report
credit score
Mortgage

How to Kill Zombie Judgments on Your Credit Report

By Steven Shaw on 5/21/2013

zombiejudgments_iStockphoto

A judgment can suck the life out of your credit scores for years and make it difficult, if not impossible, to rebuild your credit. So settling or paying off a judgment is crucial if you want to get your credit back on track. But what happens when you can’t? La Recia wrote on the Credit.com blog:

 

credit report
credit score
judgment
managing debt

Help! A Hurricane Wrecked My Credit

By Steven Shaw on 5/20/2013

Help! A Hurricane Wrecked My Credit

Hurricane season officially begins June 1, which makes the following question from a reader all the more timely. We thought it would also serve as a warning to other consumers who may face the same situation in the future.

credit score
disaster
disaster preparedness
hurricane

The Ultimate Guide to Student Loans

By Steven Shaw on 5/13/2013

The Ultimate Guide to Student Loans

The figure is staggering: Americans owe $1.1 trillion in student loan debt, which is second only to mortgages in terms of household debt. The Consumer Financial Protection Bureau recently released a report detailing the hardships facing some of those borrowers, warning about a “domino effect” on the economy.

credit score
student debt
student loans
students

Credit Scores & Credit Scores - What's the difference

By Steve Ely on 5/8/2013

We have a lot of information on our web site on this topic, but I always enjoy reading what Barry Paperno has to say on this topic.  He's a legitimate industry expert, who has the credentials to speak on this topic from an insider's perspective.

credit report
credit score