Improve Your Credit Score in 5 Simple Steps

January 9, 2014

Improving your credit score can be simple if you know what steps to follow. If you have poor credit, bad credit, or simply want to improve your credit score, there are specific steps you can take to make it happen. Your credit score is computed mainly using: Payment history Type of credit you have Length […]

Credit Score Improvements: What You Should Know

January 1, 2014

As technology advances, and as credit score algorithms become more sophisticated, efforts are being made to measure more consumer behaviors, and to include the more subtle shadings of consumer credit use. Changes being made to scoring models, as well as inclusions of non-credit data in your credit report, might help financial service providers get a […]

How to Improve Your Credit and Buy a House

December 5, 2013

If you want to buy a house with bad credit, the drop in housing prices over the last few years may be a little frustrating. Real estate is still on sale but it may be tough to get approved for a home loan with bad credit. It doesn’t mean that you absolutely won’t be able […]

Why a Good Credit Score Matters When You’re Not Borrowing

November 20, 2013

Why does a good credit score matter if you’re not planning to borrow any money? Many of us think that, as long as we already have a house and we pay for our cars in cash, a good credit score doesn’t matter that much. Unfortunately, that’s just not the way the system works anymore. Your credit report […]

What is the Difference Between a Credit Report and a Credit Score?

November 19, 2013

Whether you are buying a home or looking for a quote on your auto insurance, chances are that someone is going to be checking your credit. Sometimes this means looking at your credit report, and sometimes it means looking at your credit score. Sometimes it means looking at both. It’s easy to get a little mixed […]

How Does a Loan Affect Your Credit Score?

May 8, 2013

You just completed the paperwork on a new loan. Because of your excellent credit score, you got an outstanding rate on the loan. But 30 days later you pull your credit report and find out that your credit score dropped by 40 points. Everything else on your report is consistent with what has been there […]

What is a Good Credit Score for Buying a House?

October 26, 2012

Getting a mortgage today is still difficult. Guidelines are tight, and credit scores matter more than ever. Before applying for a mortgage, there are a few things you need to know about credit scores. Acceptable Mortgage Credit Ranges Believe it or not, there’s no single (or simple) answer here! The credit score range varies depending […]

What is a Good Credit Score Worth?

December 9, 2011

What’s a good credit score worth? A good credit score is vital for loan approval and can help you borrow at lower interest rates.  Depending on how much you borrow a good FICO credit score could be worth hundreds or thousands of dollars. What is a good credit score? A good credit score falls in […]

10 Money Mistakes To Avoid

August 19, 2011

Sometimes it’s hard to keep track of all the things we’re “supposed” to do with our money.  If you’re feeling overwhelmed, it can help to start by focusing on a smaller list of things that you shouldn’t do. The following money mistakes can cost you dearly whether they impact you immediately today or slowly over […]

Bad Credit Score Immunity

April 18, 2011

Your credit score takes so many factors into account, some of my readers feel like anything they do could potentially send them on the road to a bad credit score. In several follow up emails to my post on ways to improve your credit score, I had people comment that they worked hard in one […]

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