A recent study showed that marriage can be an important factor in credit score improvement. Credit scores are calculated by taking into account a number of factors, such as payment history and the ratio of debt to income. If one… Continue Reading
The top lenders use FICO scores to determine creditworthiness, and they are determined by five factors:- The most important factors in determining a credit score are payment history, your credit usage, the age of your credit account, and your mix… Continue Reading
A credit score is a number that summarizes an individual’s credit risk. In the United States, this is most often done as a three digit number which ranges from 300 to 850. Higher numbers represent lower risk and vice versa.… Continue Reading
Do you know your credit score? If not, it’s time to find out! Your credit score is one of the most important numbers for your financial future. A high credit score can mean lower interest rates on loans, better terms… Continue Reading
Utility bills let you build a long credit history and improve your credit score. They can also help reduce the risk of identity theft if you pay them with paper checks rather than plastic. Plus, utility bills are usually more… Continue Reading
The average person has a credit score of 645. However, if you have no public records on your credit report, this number is significantly higher at 793. When it comes to rebuilding your credit history after a bankruptcy or other… Continue Reading
The credit score is an important aspect of your financial life. It can determine if you get a loan, how much you will pay for the loan, and even whether or not certain establishments will allow you to enter their… Continue Reading
The length of your credit history has a significant impact on your credit score. In fact, the longer you have been using and maintaining a credit card account, the better it is for your scores. The average American adult with… Continue Reading
A credit score is a number that reflects the risk of lending money to an individual. It is calculated based on your credit history and how you have managed your finances in the past, as well as your current debt… Continue Reading
No one likes to think about their credit score, but it matters. If you have a low credit score, it can affect your ability to get loans and other types of financing for things like a home or car. The… Continue Reading