There is a lot of information about credit scores and FICO score out there are wading through it as a consumer is not easy. What is accurate? What are the best decisions to improve or protect your credit score? To help, here a list of ten most common credit score myths you [...]
Category: Featured, RebuildingComments (0)
A comment on a previous post about the credit score scale a commenter asked the question what credit score do employers check? This prompt a complete research of what I believed was the answer but needed some verification. The answer is employers actually do not check your credit score, they check your credit reports.
The rules [...]
Category: Credit Report, Credit Rights, Featured, InquiriesTags: background checks, Employment | Comments (0)
Have you a ever thought of using a credit monitoring service? Or are you a skeptic of the whole idea? You can do it yourself and not pay for it. Well, here is a short list of the reasons why you should consider it or reconsider it.
1. You Gain Access to Your Credit Report More [...]
Category: Credit Monitoring, Featured, ReviewsTags: Credit Monitoring | Comments (0)
1. Pay your bills on time. This could be the single best way way to put yourself on the road to a good credit score. Also, not paying is the easiest way to ruin a credit score.
2. Maintain a low balances. You should try to keep your balances below 30% to 40% of your credit [...]
Category: FeaturedTags: credit tips, improvement | Comments (0)
To be good at anything you need to be better than average. This seems to be the rule. So what is the average credit score? Most sites I found stated around 680.
The real truth is this is just a general rating. The person who really determines if you have a good credit score will be [...]
Category: Featured, UncategorizedTags: good credit score | Comments (3)
In a previous post about what is an excellent credit score, we discussed what level of credit scores are considered the best. If you were at of above 750 you were there. So how do you get there? It is not an easy journey and it could take sometime.
The first question is do you pay [...]
Category: Credit Mix, Credit Score, Featured, Late Payments, UtilizationTags: excellent credit score | Comments (4)
As a minimum you should be checking your credit report once per year. This seems to be almost a forgot thing to do by the majority of consumers. It is usually done right before applying for a mortgage or a job.
This can almost be too late. For example if you have a credit report errors. [...]
Category: Credit Report, Credit Score, FeaturedTags: Credit Report Errors, Credit Score | Comments (0)
If you are trying to get a quick boost to your credit score, there is a simple method most people overlook. Dispute errors on your credit report. BankRate.com says “70 percent of credit reports contain serious errors that might cause [...]
Category: Credit Report, FeaturedTags: Credit Report Errors | Comments (0)
