I get a lot of questions on AskTheMoneyCoach.com from people who want to improve... read more →
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.
Some credit score mistakes can be real credit killers. You might not think that seemingly innocent actions can cause your FICO score to plunge, but that can certainly happen. Here... read more →
If you’re planning to buy a home or see a loan in the near future, or you just want to maintain good credit to improve your financial health, you... read more →
Keeping tabs on your credit score is a great way to help maintain good credit health. So people with Capital One credit cards will be happy to know that starting... read more →
When your credit is less than perfect, you may think you have no loan options. In reality, many subprime lenders will offer you credit or loans for products like credit... read more →
Your credit score serves as an indication of how well you pay your bills and manage debt. Obviously, not everyone has a pristine credit score, even though having great... read more →
A reader of AskTheMoneyCoach.com wanted to know how to increase her credit score while she is... read more →
If you’ve never heard of the VantageScore it’s time you got up to speed about the changing landscape within the credit industry. You already know that the higher your... read more →
If you’ve ordered your credit report and credit score recently, or want to learn more about your credit standing, you may be wondering about the difference between your Equifax Credit... read more →
Checking your FICO credit score at least once a year is a good way to stay on top of your credit rating. That’s why you may be happy to learn... read more →
Q: If I am a little late with a credit card payment, do you automatically get late fees, a higher interest rate or will it hurt my credit rating? A:... read more →
Why wait until January 1st? It’s not too soon to come up with a New Year’s resolution for next year. If you want to improve your personal finances, here are... read more →
It is possible – very likely, in fact – that applying for a loan or seeking a new credit card will indeed lower your credit score. Here’s why. Anytime you... read more →
Are you tired of being denied credit? Do you want to raise your FICO credit score, qualify for a mortgage, or get the best interest rates on auto loans, student... read more →
Q: Will my credit score go up when I pay the balance due of my auto repossession of or will it stay the same? (more…)
