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 ...
Medical debt is unique among other types of debt because of the complications of the insurance intermediary. This is also debt you generally don’t get into voluntarily unlike a mortgage, car loan, or credit card bill. Medical debt is a plague on the uninsured ...
When you think of your credit score, you most likely think about your FICO (Fair Isaac Corporation) score, but that’s not the only calculation out there. VantageScore is another big player in the credit score game. VantageScore Solutions just announced the release of their ...
FICO score changes may impact the effect of your medical debt on your credit
Image Source: Flickr CC User Jay Gorman
The purpose of a credit score is to help potential creditors and lenders assess whether you’re a good risk for a loan, credit card ...
Good credit saves you money
Credit cards can help your credit score
Image Source: Flickr CC User Ed Ivanushkin
Many consumers don’t truly understand how credit scores are calculated and are surprised that their scores don't improve despite their best attempts. That’s because the FICO calculation is complex and ...
