Term: no credit score
7 found

Help! I Have No Credit Score

By Steven Shaw on 10/22/2015

no credit score

Establishing a good credit score can be a confusing process, especially if you are getting conflicting advice about the best way to do it. A Credit.com blog reader asked us recently about the best way to build a credit score. He said he plans to start with a secured credit card, but some people are telling him he should pay his bills in full each month, while others recommend he should carry a balance of about 10% of the limit so his “score will go up faster.” He wants to know: Who’s right?

credit score
establish credit
no credit score
Secured Credit Card

Can I Get a Car Loan With No Credit?

By Steven Shaw on 10/17/2015

Is Your Car Loan Too Expensive?

If you don’t use credit or just started building it, chances are you have no credit file or maybe just a thin one — it’s there, but there’s not much to it. That can leave you with a low credit score or no credit score at all, which may make it difficult to get credit when you need it.

alternative credit
alternative credit reports
auto loan
Car Loan
Credit Card
no credit
no credit score
Secured Credit Card

How Not Driving Can Hurt Millennials’ Credit Scores

By Steven Shaw on 6/25/2013

driving millennial credit score

Kali Geldis hasn’t had a car since college, when she drove a car her parents paid for. After graduation, she moved to New York City, where owning a car would just be an additional — and unnecessary — expense. She’s part of a larger trend among young people who are not driving, or when they do, are driving less. As a result they may be missing out on an opportunity to help build strong credit scores.

build credit
buy a car
Car Loan
credit score
no credit
no credit score
no file

The Pitfalls of No-Interest Financing

By Steven Shaw on 1/28/2013

The Pitfalls of No-Interest Financing

The New Year has come and gone, which means it’s time for the torrent of resolution-related ads for diet aids, exercise equipment and home products — furniture in particular. No doubt, you’ve heard the pitch — “No payments for 12…24…36…48 months!” It’s as if the retailers are intent on mutually assured financial destruction.

Or are they?

Deferred payment plans
no credit
no credit score
No-Interest Financing

eCredable included in roundup of The Biggest Credit Stories of 2012

By Steve Ely on 12/21/2012

Thanks to Gerri Detweiler for noticing the importance of eCredable, and our ability to help consumers without a traditional credit history get a car loan.  Here's some other great credit related stories for 2012.

alternative credit
alternative credit reports
alternative data
car loans
no credit
no credit score
no file
no file credit

Credit Unions Stay The Course During Auto Loan Surge

By Susan Cataldo on 8/6/2012

The Washington Post recently discussed a new phenomenon occurring throughout the auto loan world—a boost in auto loans for all borrowers, even those with sub-prime credit ratings.  Credit unions across the country are feeling the auto buying love.  Many report seeing a spike in overall auto loan demand and are loosening their underwriting requirements on borrowers, regardless of creditworthiness.

bad credit
no credit score
no file credit
poor credit
thin file credit

Don’t Find Yourself Out Of Luck When Applying For An Apartment Without A Credit Score.

By Susan Cataldo on 7/2/2012

Is it difficult to rent a home or apartment without a credit score? In the eyes of at least some landlords, you betcha!

I ran across an interesting article at FinancialSamuri.com that highlights just that. http://www.financialsamurai.com/2012/07/01/landlords-need-a-credit-report-score-for-apartment/ It outlines one landlord’s criteria for deciding which applicant to rent to when he has several potential tenants. Because he is understandably concerned about finding a tenant who will always pay the rent, he relies almost exclusively on credit scores. But what happens in this situation if you don’t have a credit score? Are you just out of luck??? You don’t have to be if you pay regular bills and have an Alternative Credit Report and Alternative Credit Rating.

alternative credit
no credit score
no file
thin file