If you’re actively trying to improve your credit score, you’ll find that the process is a slow, arduous one. Credit score updates aren’t automatic, but a lot can change in as little as a month. Progress may be slow at first, but if you continue to try and increase your scores, you’ll find that within…
When you graduate high school or college and start your path to adulthood, you will stop worrying about grades and start worrying about boring adult things. First and foremost should be your credit score. And just like school grading systems, credit scores can be complicated. If you’re just starting to work on building credit, you…
You have most likey learned that checking your credit score regularly is recommended. In the age of wide spread identity theft, a good portion of consumers will check their scores periodically, and when you need to take out a loan or make a major purchase, the lender will also pull your credit score. But, you…
Did you know there are multiple Fico score models? Most people don’t – I didn’t either. But these different models allow lenders to make smarter decisions when granting loans or credit. Fico Scores were first introduced in 1989 – more than 25 years ago. As you can imagine, a lot has changed since then….
Separating Fact from Fiction For Consumer Credit Score Ratings … When you request your credit score or report, you will find that the way your credit is weighed by the respective credit bureau is very complex and not at all transparent. In fact, most people have no idea what their credit score rating represents or…
