We all know that your credit score goes down when you’re generally irresponsible with debt. But even if you’re as responsible as you can be, your credit score could take a hut! Here’s 5 unusual things affects credit score. Thing 1: Forgotten credit cards can hurt your credit score! After you’ve had credit for a […]
If you’re a young college student, you may be very confused at how to build credit. Between your studies, working, and doing extracurricular activities, when are you going to find time to build credit? Luckily, building credit doesn’t take a whole lot of effort. It does take time, however: months and years, rather than hours! […]
Amounts Owed Think making timely payments is all that matters when it comes to your credit scores? Think again. Obviously how you pay your bills is a very important factor in your credit scores, but it only accounts for 35% of your FICO credit scores. This means that the majority of the factors which make […]
Payment History Payment history is the #1 consideration for your credit score. Accounting for 35% of your FICO score, it’s the most important thing you need to keep track of. Despite what you may have read online or heard on your favorite financial talk show, you do not have just one credit score. You do […]
Trying to restore your damaged credit can often be a very time consuming and frustrating process, especially if you have been attempting to overcome your credit issues on your own. While you can (and perhaps should) hire a professional credit repair expert to help you in a legitimate manner, you may also be tempted to […]
