What is the Difference Between the Equifax Credit Score and the FICO Score?
The Equifax Credit Score is an educational credit score many consumers can view to understand their credit standing. This article explains what the Equifax Credit Score measures, how it differs from lender-used scores, where to check it for free, and practical steps to raise your score. You will learn how to check, interpret, and act […]
Credit Scores Decoded: What Really Matters
When you think about your financial health, one of the most critical components to consider is your credit score. Understanding what affects your credit score is essential, as this three-digit number serves as a snapshot of your creditworthiness. It influences your ability to secure loans, obtain favorable interest rates, and even rent an apartment. Essentially, […]
How to Boost Your FICO and VantageScores
Learn the secrets to boosting your FICO and Vantage Scores for better credit opportunities, and unlock financial success in under 160 characters.
VantageScore vs FICO: Which Score Impacts Your Mortgage Approval?
In an era where credit scores are essential to secure loans, mortgages, or even lease apartments, understanding and managing your scores is crucial. Two of the most popular credit scoring models used to gauge your creditworthiness are the FICO score and the VantageScore. This article compares these models, their similarities and differences, and factors affecting […]
Fannie Mae Making It Easier for African-Americans, Latinos to Get Mortgages
Fannie Mae is rolling out a series of new mortgage rules that will make it easier for African-Americans, Latinos and others to qualify for home loans. Under recently announced guidelines, starting in 2016 Fannie Mae will require mortgage lenders to take into account non-traditional credit data from potential homebuyers, such as a person’s rent payments […]
Credit Bureaus Roll Out a New CreditScore: VantageScore 3.0
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 credit score, the more positively banks, creditors and others view you. But many people mistakenly think that the only credit score they have is a FICO […]
Why Your Credit Report and Credit Score are as Financially Important as Your College Degree
If you went to college, no doubt you tracked your grades carefully throughout school. But if you’re currently a working professional, or are looking for a job, you now have another important report card to pay attention to: your credit rating. Simply put, having perfect credit is just as financially beneficial to you as is […]
How to Compare Your Equifax, Experian and TransUnion Credit Reports
If you’ve thought about ordering your free credit report, which credit reporting bureau should you contact? Many people wonder what the difference is between the Equifax, Experian and TransUnion credit reports. Each credit reporting agency uses a different set of criteria and variables to calculate your credit score, and some lenders prefer to use one […]