A recent study by Capital One called the “Credit Confidence Study” surveyed more than 2,300 people establishing or rebuilding their credit. Unfortunately, not everyone understands what impacts their credit score and which habits can help or hurt their credit. Here is a look at ...
You may regularly see credit card balance transfer offers, but are these a good idea? Can a balance transfer hurt your credit score? Here is a look at how balance transfers work, how they can help or hurt your credit rating, and whether a ...
When you think of ways to wreck your credit score, you might think of major events like foreclosure on your home or repossession of your vehicle. But there are other actions that can kill your credit score. You might not be aware just how ...
Is your credit score above average?
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The latest survey by FICO (Fair Isaac Corporation) shows that, in general, American consumers’ credit scores are on the rise. In case you’re wondering how your credit score compares to others, the average in the ...
Get a better credit score in 2017
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A healthy credit score is critical to be approved for loans, get affordable financing, and pay a lower cost for many types of insurance and utilities. A recent survey by the American Bankers Association ...
Credit score vs. credit report
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Your credit score will be critically important throughout your life for a variety of reasons. Your score is based on your credit report, and they are drastically different things. One drives the other, but you ...
Don't mess up your credit with easy mistakes
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Your credit score is important for so many things in life. A high credit score helps you purchase a home and auto at a reasonable interest rate. Your auto and home ...
Credit score myths debunked
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Many people think they understand their credit score, how it’s calculated, and how to improve it, but thanks to a lot of misinformation that’s been perpetuated, their understanding might not be as accurate as they believe. Here’s ...
CFPB rules against Equifax and TransUnion
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The Consumer Financial Protection Bureau (CFPB) recently penalized TransUnion and Equifax for not dealing fairly with consumers who purchased their credit score. Together, the two credit bureaus were commanded to pay $17.7 million in refunds ...
