Term: credit score
92 found

Does Everything on My Credit Report Affect My Credit Scores?

By Steven Shaw on 5/27/2016

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Credit reports, as you’ve no doubt heard, are tremendously important. After all, the information on them dictates your credit scores, which, in turn, dictate whether you’re able to readily score things like a mortgage, auto loan, credit card and even affordable insurance or cellphone plans.

But not every piece of information on that crucial report carries weight.

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credit report
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5 Credit Cards You Can Get While You’re Still in College

By Steven Shaw on 4/25/2016

 Money 101: How to Get Your Credit Ready for College

 

Credit card use in college can be both risky and full of opportunities. As young adults with limited experience managing their own personal finances, college students risk incurring debt that can take years to pay off, while potentially incurring costly late fees and penalty interest rates if they miss a payment. But credit cards also offer benefits students can’t get with other payment methods, like security and convenience, and provide the opportunity to build a strong credit history that will serve them after graduation when they apply for a car loan or a mortgage.

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Building vs. Rebuilding Credit: What’s the Difference?

By Steven Shaw on 2/22/2016

Having no credit and having bad credit can certainly lead to similar outcomes: You may be denied a loan, offered lesser financing terms or have to pay more fees on a cellphone or cable contract (among other things.) Establishing certain behaviors can help remedy either situation (more on this in a bit), but if you’re a credit newbie, your path to a good credit score is a bit clearer.

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The New Credit Scores That Could Get You a Loan

By Steven Shaw on 2/15/2016

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Legislation introduced late last year aimed at changing the way the nation’s largest mortgage loan holders, Fannie Mae and Freddie Mac, conduct business, could signal a tipping point in how, and even if, credit scores are calculated for lending decisions.

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Is a FICO Score the Best Credit Score?

By Steven Shaw on 1/15/2016

FICO_credit_score

FICO scores are credit scores, but not all credit scores are FICO scores. Sounds like one of those confusing logic puzzles, right? But it’s a basic must-know when it comes to understanding credit scores.

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FICO Score

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?

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establish credit
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Secured Credit Card

7 Ways to Improve Your Credit By Doing Nothing

By Steven Shaw on 10/9/2015

The Lazy Man's Guide to Money Maangement

If you have a bad credit score, you probably feel like you have to do something to make it better. File a dispute, apply for new credit, or even hire someone to help you repair your credit. Sometimes that’s true. But other times the best thing you can do is … nothing.   

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improve your credit

How Long Does It Really Take to Improve Your Credit?

By Steven Shaw on 9/8/2015

credit score

I was recently looking through last year’s check registers for confirmation of a payment I had made when I noticed my handwriting on several pages looked odd. It took me a moment to realize why: at the time, my right hand was in a cast and I had been writing with my left.

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FICO Score
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