Credit Scores
Credit scores play a huge role in your financial and personal life. Credit scores impact your ability to get a mortgage or rent an apartment, they determine whether or not you will get approved for a student loan or credit card, and your credit scores even influence the rates you pay on car insurance. For those looking for a job, credit scores are equally important since many employers are checking job applicants' credit ratings before determining whom to hire. The best way to stay on top of your credit health is to check your credit reports at least once a year and review your credit scores as well. The most common type of credit score is the FICO score. It ranges from 300 to 850 point. The higher your credit score, the better off you are financially.
What to Do If Your Credit Score Drops Unexpectedly
Having your credit score fall unexpectedly can be as bad as losing a significant amount of money. With a...
Read more
4 Credit Tips for National Get Smart About Credit Day
National Get Smart About Credit Day occurs this week, and takes place annually on the third Thursday of October. While...
Read more
The Impact of Closed Accounts on Your Credit Score
Q: Hi Lynnette, I have been working at repairing my credit for the last 4 years (intensely). I have paid...
Read more
Changes That May Impact Your Credit Score
Your credit report and credit score remain important as you approach preretirement or retirement. Whether you cosign for a child's...
Read more
Impact of Closing an Account on Your Credit Score
Q. You mentioned that closing credit card accounts hurts your FICO score. If you closed accounts years ago, what is the...
Read more
Financial Decisions That Can Hurt Your Credit Rating
To improve your credit rating or increase your credit score, you likely already know that it’s important to do the...
Read more
Secret Trick For Renters That Boosts Your Credit Score Quickly
If you’re living in one of America’s 40 million renter households, there’s an easy way for you to quickly and...
Read more
Will Credit Counseling or Debt Management Hurt My Credit Score?
If you’ve gotten yourself deep in debt, or have fallen behind on your monthly bills you may be wondering if...
Read more
Two Different Credit Scores? Here’s Why
If you’ve ever been frustrated at receiving two different credit scores, you probably wondered why or how it’s possible that...
Read more
The Credit Score You Need to Get A Mortgage
If you want a home loan, you may be wondering how high your credit score needs to be in order...
Read more
Will Checking My Credit Report Lower My Credit Score?
There are many things you can do that might hurt your credit score – such as paying a bill late,...
Read more
The Truth About Your Credit Scores and Credit Reports
I get a lot of questions on AskTheMoneyCoach.com from people who want to improve their credit scores or fix issues...
Read more
Video: Credit Score Mistakes to Avoid At All Costs
Some credit score mistakes can be real credit killers. You might not think that seemingly innocent actions can cause your...
Read more
Easy Ways to Improve Your FICO Credit Scores
If you’re planning to buy a home or see a loan in the near future, or you just want to...
Read more
Capital One Rolls Out Credit Tracker, Free Credit Scores for Customers
Keeping tabs on your credit score is a great way to help maintain good credit health. So people with Capital...
Read more