If you have a credit score of 570, you’ve got some work to do on your credit. In general, scores below 619 are considered poor. With a credit score of 570, you’re likely to receive the worst interest rates on credit cards and car loans. This means you can pay thousands upon thousands more dollars...Read More

Living with a low credit scores can negatively impact all aspects of your life. A healthy credit score gives you more access to loans for your life’s needs. Additionally, you’ll qualify for lower interest rates so you’ll be able to pay your loans off faster. If you’re struggling with a low credit score, here’s some...Read More

If you’re serious about improving your credit score in 2018, you’re sure to see positive changes. Improving your credit score takes consistency and intention. With the right habits in place, you’ll see progress over time. Your FICO score, the most commonly used credit score, has a significant impact on your life and financial health. Lenders...Read More

If you have a credit score of 580, you’re probably wondering what that means. It can be difficult to visualize what credit scores actually mean and whether scores are good or bad. We’ve got you covered. Here’s a look at what you should know if you have a credit score of 580. 580 is Considered a...Read More

If you’re wondering how many points will a collection affect your credit score, you’re asking the right question. Facing a debt collection can be scary and knowing the collection may go on your credit report can be even scarier. The good news is, a collection account doesn’t have to completely ruin your credit score. Here’s...Read More

Why Credit Repair IS Worth it! If you’re struggling with your credit score, you’re not alone! Many people struggle with managing their credit and credit score, because the fast-paced world we live in is increasingly complex. Making steps towards improving your credit score will lead to better access to loans, more attractive interest rates, and...Read More

[sg_popup id=”1″ event=”onload”][/sg_popup] Adjustment in the credit score formula, What you need to know! This week, VantageScore Solutions announced the completion of VantageScore 4.0, its fourth-generation credit score. VantageScore, a rival to FICO(Fair, Isaac and Company), has experienced rapid growth and supplies the credit score used by most leading free credit score sites, including CreditKarma. Due...Read More

[sg_popup id=”1″ event=”onload”][/sg_popup][sg_popup id=”1″ event=”onload”][/sg_popup] The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers. Most notably for those with high scores: Abiding by the golden rule of “don’t close your credit card accounts” may now...Read More

[sg_popup id=”1″ event=”onload”][/sg_popup] Here’s Why Your FICO Credit Score Could Be Going Up Soon In a move that is likely to boost many people’s credit scores, all three major U.S. personal credit monitoring firms are going to remove tax liens and civil judgments from credit reports. Equifax (efx, +0.69%), Experian (expgy, -0.51%) and TransUnion are...Read More

There are three major credit bureaus: Experian, Equifax and TransUnion. Each collects information on your credit history which is culled into a credit report. From that report, a credit score is derived. That score is a quick way for lenders to assess how risky you are as a potential borrower. The higher your score, the...Read More