Every US consumer who has used any form of credit knows the name FICO for the way it sizes up their worthiness as a borrower. The number they assign to a consumer’s credit has an incredible amount of power. This score determines your eligibility for a loan, home mortgage, or other types of credit. Those…

Let’s be honest: when it comes to your credit score, there are only two numbers that matter: the three digit score itself and how much you have to fork over to access it. Simply put, the type of credit score you get doesn’t matter (e.g. Vantage or FICO), or where it comes from, so long…

Could you tell me what your credit score is right now without looking it up? If not, then we have a problem. The effects of your credit score are far reaching, and a low score can have a negative impact on your financial health. Most people know that their credit score affects their ability to…

For many people, the magical number is 760. This is the credit score where you are most likely to receive the best interest rates on a line of credit or a mortgage. Even if you are looking to rent a home or apartment, as opposed to buying, it will be difficult to obtain decent housing…

Everyone knows what a credit score is and why it is important to have an excellent one. The bad news is that most people struggle with achieving this goal. This particularly true for college students and recent college graduates. Why do young people struggle with developing a good credit score? Before you can begin to…

If you want to significantly improve your credit score, be prepared to be in it for the long haul. There are a number of factors that contribute to the health of your credit score, like the age of your accounts and your payment history, which require time to become established. If you have a subprime…