CREDIT SCORES
Repairing your credit score can be a daunting task without the proper tools. So we created the Credit Score section that details how you can rebuild your damaged credit and find tools so you don’t have to go at it alone. Don’t sit back and expect that number to just move magically. You need to usher it up. We’re here to help, and there’s not a minute to waste.
Getting Your Credit Score Out of The Dumps May Be Easier Than You Think
If you have bad credit, you may believe that your score is doomed to always suck. In fact, some people have lost hope and think they are doomed to wait
Misunderstood Credit Terms: Part 1
It’s important to know common terms in the credit world. From APR to credit utilization, not knowing what these terms mean could cost you big time later. Check them out:
APR
What is Credit Utilization?
Credit Utilization is how much of your available credit you’re using. You calculate it by dividing the total credit card balances by your total credit card limits. Then you multiply
How Does Credit Mix Work?
Credit mix is a term used to describe the different types of credit that make up your credit report. From credit cards and student loans to mortgages and auto loans,
What’s a Hard Inquiry?
More than likely, you’ve heard of a hard inquiry on your credit report. This is when a business/lender “pulls” your credit report to review your credit history. A hard inquiry
How Does Payment History Effect Credit Score?
Most of your credit report is made up of your payment history. Your payment history tells lenders what your track record is regarding paying debtors back.
This will also determine whether