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
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!
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.
Building a healthy savings account is the foundation to good credit
Most damaged credit could have been saved by having a healthy savings account. Start building up your savings with high interest.
How to legally change your credit score
Unless you have tons of cash at some point you will need credit. You can change your credit score legally and quickly by knowing how credit scores work.
How student loans impact credit scores
Student loans play an important role in establishing credit histories for many graduates in their 20s. It is an installment loan which means it can help scores.
FICO Scorecard Buckets may be why your credit score won’t budge
FICO groups consumers with similar credit histories together in Scorecard Buckets. These buckets can be responsible for scores not improving.
What to do when you have no credit score and no credit history
Not every U.S. consumer has a credit score. There are several simple actions you can take when you have no credit score and no credit history to have a score within 6 months.
The best ways to deal with terrible credit
Not knowing what’s making your credit score poor will keep you from fixing it. The good news is bad credit can be fixed with some tweaking and effort.
Raise Credit Scores Fast!: 10 Incredibly Simple Strategies
10 Simple Strategies to raise credit scores fast. Credit scores can change every time a creditor reports new information. What if you took control of the information being reported with these 10 Strategies.
