Blog posts

    Credit Scores Are Better Than Ever – Why It’s the Perfect Time to Improve Your FICO Calculation

    Credit card in hand
    Now is the time to work on your credit
    Image Source: Flickr User Investment Zen

     

    Credit scores are, on average, higher than they have ever been. If you’re coming out of bankruptcy or other tough financial circumstance, now is a good time to work on improving your credit score. Here’s a look at why credit scores are on the ...

    When Paying Debt Can Hurt Your Credit Score – And Why

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    When paying debt can hurt your credit score
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    There are lots of reasons to improve your credit score. If you want to buy a new car or get a home loan or refinance your existing mortgage, you’ll get a preferable interest rate with a higher credit score. If you’re hoping ...

    5 Ways to Improve Your Credit Score This Year

    Number five - Numero cinco
    Good habits protect your credit score
    Image Source: Flickr User Araí Moleri Riva-Zucchelli

     

    After bankruptcy, one of the first things to do to take full advantage of the fresh start you have is to begin rebuilding your credit as soon as possible. Within just a few months of your bankruptcy discharge, it’s time to start working on ...

    Your Credit Score May Go Up July 1 – Here’s Why You May Have More to Celebrate Soon

    Arrows up and down
    Some credit items will be purged Saturday
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    On Saturday, July 1, many Americans will get a pre-Independence Day reason to celebrate when their credit score goes up without them changing a thing they’re doing. Both FICO and VantageScore have estimated that up to 20 million consumers will get a boost this ...

    7 Truths About Your Credit Score You Might Not Know

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    Things you need to know about credit
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    There’s a lot of misinformation out there about credit scores. Even people that consider themselves savvy about their credit score might believe some myths that have gained traction online. Understanding how your credit score is calculated and what impacts your credit report is critical ...

    Getting a Car After Bankruptcy – Lease or Buy – And What Credit Score Do You Need?

    cars
    You can buy a car after bankruptcy
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    One of the primary concerns for many bankruptcy filers is what happens after their discharge. They want to know what options they will have, whether they can get credit again, how soon they can get credit, and whether they can buy a house or ...

    Good News! U.S. Credit Scores Have Never Been Higher – But Debt Is Climbing Too

    signs
    Credit score rising, but so is debt
    Image Source: Flickr User Investment Zen

     

    The Wall Street Journal (WSJ) recently shared the good news that this spring, U.S. credit scores reached their highest levels since FICO started tracking scores (which began back in 2005). The average American’s credit score is now 700. That’s impressive on the scale of ...

    Did You Know Bankruptcy Discharge Can Increase Your Credit Score?

    credit score meter
    Bankruptcy can help improve your credit score
    Image Source: Flickr User CafeCredit.com

     

    Most consumers considering filing bankruptcy wrongly believe that doing so will wreck their credit score for a decade. Nothing could be further from the truth so long as you take advantage of the fresh start offered by bankruptcy and work to improve your credit ...

    What You Don’t Know About Your Credit Score Can Hurt Your Finances

    Confused lady
    Confused by credit score? You’re not alone
    Image Source: Flickr User CollegeDegrees360

     

    Financial site Nerd Wallet recently published the results of its latest survey it conducted last month and the findings are stunning when it comes to what many consumers don’t know about their credit score. Just 26% of Americans check their score monthly or more ...