FICO has hit the news, and it’s not very often that FICO is talked about. However, this time, it’s quite a big deal. They have announced the pilot for UltraFICO, a brand new credit score with a twist. They estimate that 7 out of 10 Americans will have better scores with the UltraFICO, possibly saving […]
If you’ve ever had any questions about your credit score, say no more. We’ve got the answers here in this quick and dirty guide to your credit score! Your credit score is the numerical representation of your creditworthiness. Creditworthiness is a fancy term to describe how risky you are as a borrower. Are you going […]
Credit cards are a useful tool, but credit card debt is particularly insidious. Credit card debt affects millions of Americans every year, keeping their credit scores lower than they should be. People report having crushing amounts of credit card debt, and their balances just keep growing. Not only is credit card debt hard to get […]
Worried about your current credit situation? Concerned that you’re going to be doomed for the rest of your life because of mistakes you made in the recent past? Don’t be. Know how far back do credit reports go? Your credit report simply serves as a useful guide for lenders to understand what kind of debt history […]
Choosing the right credit card may seem hard because you have so many options! But not all cards are right for you and this article will help you know how to choose right credit card for you. Credit cards are available from banks, independent providers, retail stores, and more. There are so many different types, and […]
If you’ve never heard of a credit freeze, or if you don’t know the benefits of credit freeze, then you’re in luck. We’re about to introduce to you possibly one of the most effective protection solutions for identity theft. It’s mandated by law, it’s offered by all three credit bureaus, and it puts a hard […]
You may have heard of the terms “past due”, “loan default” and “collections”. All of these terms mean different things, but they are all to be avoided. You Need to Know; How Loan Default Affect Credit Score? What Does Past Due Mean? Past due simply means a late payment. If your payment is 30 days […]
Are you deep in credit card debt? It’s okay, you’re not alone. Breathe, take a second, and let’s assess your situation realistically. Read what exactly needs to do if you have credit card debt problems. Credit card debt affects millions of Americans. The high interest rates, the revolving nature of credit card debt, and the […]
