Archive for the ‘Credit Score 101’ Category

Using Credit Cards to Build your Credit Score

Using credit cards to build your credit score can be a very effective means to establish good financial habits and credit-worthiness. But, you have to be very careful as credit cards, if used irresponsibly, can wreck…

Debt Consolidation Loan And The Problem That Go With It

What is a Debt Consolidation Loan? A debt consolidation loan is basically a loan taken to pay off other debts. This allows you to have only one payment each month, and typically saves you…

Improving your Credit Score

Can I improve My Credit Score? The first and most essential trick to improving your credit score is insuring the accuracy of each of your credit reports. Only after you are certain of their accuracy should you begin planning other…

Understanding The Relationship Between Credit And Credit Scores

Credit comes in many forms, from being given money to be repaid later to being given items to be paid for later. In the United States, credit worthiness is usually determined by a credit reporting agency…

How Debt Settlements Can Help Your Credit Score

The words ‘debt settlement’ seem ominous, and many who are in debt don’t even know what these words even mean. Getting debt settlements can really help your credit score, though. Here is what these things are,…

What Does A Good Credit Score Look Like?

Finding out what is an excellent credit score can be a good first step in a good financial plan. First of all what is an excellent credit rating and knowing what is it can help you…

The Secret of Your Credit Rating

There is no doubt about it the economy is in a spiral downturn. Many of us have been facing financial troubles daily; with all of the troubles leading to bad effects on our credit score.

When applying for…

The Benefits of Having a High Credit Score

Remember that one of the most essential things that you must have when using credit cards as the main instrument for your consumption is high credit scores. This is because of the fact that it actually…

FICO Credit Scores Basics – Know the Facts

What do you mean by Credit? Credit can be defined as a certain amount of money that is provided to you by the lender. It depends upon the amount of money you have asked for that…

Some Credit Score Basics

Do you know how your credit score is calculated?

I am amazed at the number of people I talk to that do not understand that the calculation of your credit score is more than just paying your bills on time.…