Thanks for continuing on to the second part of my FICO Factors series. As mentioned in Part 1, these next five factors negatively impact your credit score in a huge way. Please make sure you have read the first part of this two part series to make sure you're getting the full value out of [...]
It seems like a simple question, but to tell you the truth, it get's a little complicated. By asking what is a good credit score, you already know how important your credit score is to your life dreams. Without a good credit score it can be difficult to rent a house, get a credit card, [...]
Are you confused with your constantly changing credit score? Every time you check your credit it seems to change, even when you haven't applied for any new accounts. Why? Don't worry, I was confused as well until I started really keeping track of my score and how changes to my credit report were affecting it. [...]
Your credit score is the most important three digit number in your life. Credit scores can be confusing when trying to understand how to establish or fix your credit. If you've asked yourself these questions, then your in the right place: How many credit scores do I actually have? How often does my credit score [...]
Improving your credit score is a HUGE task. It requires full-time effort, and yes some money (not much). If it were easy, wouldn’t you already have a solid credit score? After writing this post, I had to add a disclaimer: You can and will hopefully see improvements to your credit score within 45 days by [...]
As promised... these are the Real Methods & Unknown Secrets FICO uses when calculating your credit score. If you haven't read part one of this post, please read it before moving on. It will benefit you greatly to understand the basic methods FICO uses. Even if you think you know the basics, take the few [...]
Believe it or not, your credit score is more commonly used by creditors than your actual credit report. Think about this for a second…. You want an additional credit card to boost your purchasing power, so you browse the best offers online, then decide which one to apply for. Within a few seconds, you're instantly [...]