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 [...]
How to Improve Your Credit Score
April 3, 2011
Improving your credit score is key to borrowing money at lower interest rates. As I covered in my last post about how to lower your credit card interest rates, a low credit score can cost you a lot of money. That post shared strategies from David Bach that you could use right away to pay less in [...]
How to Spend Money You Don’t Have
March 5, 2011
If you’ve ever bought a car or a house then you’ve probably spent money that you didn’t have. Or if you have a credit card you might have paid for something without having the funds to back it up. A hundred years ago, or even several decades ago, it was pretty difficult to buy something [...]
Credit Sesame Review
February 10, 2011
Credit Sesame is a website that can give you a free credit score and find you lower interest rates on your home loan and consumer debt. I first heard about Credit Sesame because of the free credit score they offer but after trying it out discovered that’s only part of their approach to reducing debt. Lower [...]
myFICO Review
January 11, 2011
myFICO is the consumer credit score site of the creator of the FICO credit score system, Fair Isaacs. You have several options on the myFICO site for finding your FICO score online and monitoring your FICO score. myFICO does charge for access to your score but offers a free credit score trial to let you [...]
Chase Blueprint Review
December 9, 2010
Chase Blueprint is a program available to Chase credit card holders that’s designed to help customers pay off their credit card balances. Ideally you wouldn’t carry a balance at all but the reality is that many people are in credit card debt. If you do pay off your balance each month then there really isn’t anything [...]
Home Equity Loans vs Home Equity Lines of Credit
September 21, 2010
Your home equity is the market value of your property minus the amount you own on your home loan. Home equity is typically built up over time through your principal payments and real estate appreciation. During periods when home prices are appreciating quickly your home equity will likely increase but in years when the market is [...]
Tips to Improve Your Credit Score
September 15, 2009
Improving your credit score isn’t something that happens overnight but by following the suggestions below you should be able to raise your credit score over time. Don’t Pay Your Bills Late Your payment history is the most heavily weighted factor that goes into your credit score so make sure you’re at least making your minimum [...]
Credit Report Disputes
July 1, 2009
One potential way to improve your credit score is to look through your credit reports for any misreported information, such as a late payment, and dispute your credit report. 1) Start off by getting a copy of your free credit report and looking for any errors. 2) If you find anything, check to see if the mistake [...]
Your FICO Score
June 10, 2009
Your FICO score is the credit score used by 90 percent of the lenders in the United States to determine whether or not they want to lend you money. A FICO score is a three digit number that runs from 300 to 850. The higher your credit score, the better your chances are for loan [...]
