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.
Video: How to Find a Subprime Lender
When your credit is less than perfect, you may think you have no loan options. In reality, many subprime lenders...
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7 Ways Your Credit Score Affects Your Finances and Your Life
Your credit score serves as an indication of how well you pay your bills and manage debt. Obviously, not...
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How to Increase Your Credit Score While Still in School
A reader of AskTheMoneyCoach.com wanted to know how to increase her credit score while she is still in school. She wrote...
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What is the Difference Between the Equifax Credit Score and the FICO Score?
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Get Your FICO Credit Score Free and Help Your Credit Rating
Checking your FICO credit score at least once a year is a good way to stay on top of your...
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Will a Late Payment Hurt My Credit Rating?
Q: If I am a little late with a credit card payment, do you automatically get late fees, a higher...
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3 Great Financial New Year’s Resolutions
Why wait until January 1st? It’s not too soon to come up with a New Year’s resolution for next year....
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Will a Credit Inquiry Hurt My Credit Score?
It is possible – very likely, in fact – that applying for a loan or seeking a new credit card...
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Bad Credit is a Drag. Here’s How to Boost Your Credit Score
Are you tired of being denied credit? Do you want to raise your FICO credit score, qualify for a mortgage,...
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Will Paying Off an Auto Repossession Raise My Credit Score?
Q: Will my credit score go up when I pay the balance due of my auto repossession of or will...
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My Credit Score Dropped 75 Points After Late Payments. What Should I Do?
Q: Help. I need your assistance on a matter. My credit score was 710. I missed one (or) two payments...
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What to Do If Your Credit Score is Too Low
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Going through a divorce will take its toll on your emotional and financial well-being. But did you know that it...
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My Credit Was Ruined Over Medical Bills and Health Issues. What Should I Do?
Q:My credit score was ruined. My credit score was 710. I missed a couple of payments on a credit card...
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