Why payment history is important to earn maximum credit score points
Payment history is the biggest contributing factor to your credit score. One missed payment can drop a score up to 110 points.
Credit Scores
A credit score is a 3-digit number based on your credit history. Credit scores summarize how well you handle debt. Credit scores also help lenders assess the risk they would be taking by extending you credit. Higher credit scores typically help you qualify for better rates from lenders – which can save you money!
Improve credit scores by using less of your available credit limit
One quick way of improving credit scores is by using less of your available credit. FICO scoring system rewards consumers for not maxing out.
How to get a Credit Score of 800 & above
Get tips on how to get a credit score of 800 and above. It can be achieved if you make it a goal and follow a few important steps.
New version of FICO is better if you have paid collections (FICO 9)
FICO is the largest credit scoring model used by 90%… Read More »New version of FICO is better if you have paid collections (FICO 9)
Demystifying Credit Scores: 5 Factors that make a score
There are five major components that make up a credit score. Learn how to tweak your scores using these components.
Insurers believe consumers with poor credit are also bad drivers
For years the insurance industry has been using credit scores… Read More »Insurers believe consumers with poor credit are also bad drivers
Credit Goals: Guide to improve credit scores for excellent credit in 2021
Ultimate Guide to Improve Credit Scores: Reach your credit goals and improve credit scores, make a difference in access to financial products, get lower rates and save money.
5 Effective Strategies to Raise Credit Scores in 2021
5 Strategies to Raise Credit Scores that really work. Get an effective game plan to raise your credit scores in 2019 to boost your creditworthiness. The credit scoring system is not going anywhere, it’s worth your time to get on track to good credit scores.
5 Reasons to never close credit card accounts
Closing credit accounts can cause your credit score to drop. You lose available credit limit which makes your utilization rate increase.
Credit Scores are largely determined by Credit Cards
Nearly 170 million Americans hold more than one credit card.… Read More »Credit Scores are largely determined by Credit Cards