Term: "credit score"
9 found

The First Thing You Must Do Before Paying Off Debt

By Steven Shaw on 3/13/2013

First Thing You Must Do Before Paying Off Debt

You’ve made up your mind: It’s time to tackle your debt. You have researched ways to get out of debt, perhaps weighing the pros and cons of snowballs over avalanches to pay off your debt faster. Maybe you’ve thought about calling a credit counseling or debt settlement agency, or even a bankruptcy attorney, to see what they can offer.

Before you decide on your plan of attack, though, there’s one crucial step you won’t want to miss. It can make or break your efforts to get out of debt: Get your credit reports and scores.

Here are three reasons why this step is so essential to your success.

"credit score"
credit report
Debt
managing debt

5 Credit Myths to Ditch in 2013

By Steven Shaw on 1/8/2013

5 Credit Myths to Ditch in 2013

When one year ends and another begins, it’s hard not to look ahead and strive to do better. And when it comes to credit, we’re definitely creatures of habit. We resolve to spend less, but open store credit cards anyway. We vow to pay off debt, but only put down the minimum due. We aim to turn our credit around and boost our scores — and while we might think we have a handle on how the system works, we might actually have some misconceptions about credit that can keep our goals out of reach.

So what should you do? We asked Credit.com expert Barry Paperno to highlight five popular credit myths to ditch in order to help everyone get a better handle on their finances.

"credit score"
bad credit
credit
Credit Card Debt
credit cards
credit scores

4 Ways to Avoid the Holiday Credit Hangover

By Steven Shaw on 1/3/2013

The past couple of weeks have been filled with holiday parties and eggnog and turkey and gifts and good cheer. If you are like most people, you might have reached for an extra serving of turkey or grabbed an extra cookie when no one was looking. But now that the indulgence is over, something else is about to strike: the holiday credit hangover.

Pay Off Debts
Retail Store Credit Card
"credit score"
budgeting
credit
Credit Card Debt
credit cards
Debt
Extra Money

5 Mistakes New Cardholders Make

By Steven Shaw on 12/17/2012

5 Mistakes New Cardholders Make

Your brand new credit card arrives in the mail all shiny, just waiting for you to take it shopping. Before you break it in, though, watch out for these five mistakes new cardholders often make:

Retail Store Credit Card
"credit score"
cosigner
credit
credit cards
Credit Inquiries
credit rewards program
credit scores

Auto Lenders lower Credit Score requirements

By Steve Ely on 12/11/2012

Auto Lenders continue to lower the credit score requirements for people looking for a new or used vehicle.  If you don't have a credit score, you can use eCredable and get a loan from RoadLoans after you earn an A or B AMP Credit Rating.

"credit score"
alternative credit
auto loan
bad credit

A Credit Insider’s Tips for Smart Holiday Spending

By Steven Shaw on 12/5/2012

A Credit Insider's Tips for Smart Holiday Spending

The holiday shopping season is now in full swing. Malls and other retail outlets have their decorations up and holiday music playing, enticing us all to shop for our friends and family. And as inevitable as hearing “Frosty the Snowman” is the chorus of checkout clerks asking shoppers if they’d like to open store credit cards to get a discount on their holiday hauls. Sometimes the savings are quite enticing, and depending on personal financial circumstances, they can be a good option. However, there are some issues to consider before signing on the dotted line.

To help you avoid a possible post-holiday shopping blunder, we’ve compiled some tips to help you make the right credit decisions this holiday season:

Closing Credit Card Account
Pay Off Debts
Retail Store Credit Card
"credit score"
credit
credit cards
Credit Inquiries

Get a head start on your New Year’s resolutions

By Steve Ely on 12/4/2012

Every year, we see the same stories in January.  Lose weight, get organized, save money, start a budget and so on.  I’m not going to quote the statistics (aren’t 96% of all statistics made up?), but we all know how effective these resolutions turn out to be.  Very few of us stick to any of them.  So here’s my suggestion for a New Year’s Resolution – get started in December, so you can at least brag to your friends that you beat them to the punch when you attend all those holiday parties.

"credit score"
"pay off balance"
alternative data
establish credit
FICO

How the Mobile Wallet Might Impact Your Credit Score

By Steven Shaw on 11/29/2012

How the Mobile Wallet Might Impact Your Credit Score

E-wallets are going mainstream, and as more consumers buy in they should be questioning whether the technology could affect their credit score.

Consumers might not see an immediate parallel, but there are a few factors for mobile wallet users to consider. For one, the mobile wallet industry is still young, and the privacy and security of these systems are a work in progress. Also, mobile wallets make it easier to impulse shop, and the jury’s still out on whether such devices like Google Wallet and PayPal’s digital wallet could negatively impact one’s financial behavior. It’s a lot to take in, and given all the credit fraud going around, it’s a decision worth thinking through. So before you take a walk on the digital side, let’s examine two of the issues that you should watch out for.

"credit score"
credit
credit reports
credit scores
personal finance