Credit Scores

What Really Affects Your FICO Score?

Ever wonder how your credit score is calculated? Although many companies are can gather your credit history and produce your credit score, there one major kind of credit score most lenders refer and that’s your FICO score. FICO scores range anywhere between 300 – which is really poor and 850 – which is really great. […]

Is Someone Using Your Child’s Credit?

Though they may be too young to have a credit score, parents should be proactive about checking their child’s credit report. Kids can easily become victims of identity theft and if not monitored, the scam against them can go on for years before anyone ever notices it. One red flag to look out for would […]

How to Build Credit When You’re Just Starting Out: Part 3

Building good credit when you’re just starting out doesn’t have to be a worry. All you need is a little patience along with some good strategies and before you know it, your credit history will be strong. So far in parts one and two, we covered the advantages of getting a cosigner, becoming an authorized […]

How to Build Credit When You’re Just Starting Out: Part 2

In part one of “How to Build Credit When You’re Just Starting Out”, you could see how getting a cosigner or becoming an authorized user will help you to establish favorable credit history.  In part two, you’ll see how techniques such as diversifying debt will help to really improve your credit report. #1 – Diversify […]

How To Build Credit When You’re Just Starting Out: Part 1

If you’re new to the world of credit, then you probably know it isn’t easy to establish good credit. Getting lenders to trust you can be a challenge as they want proof that you’re trustworthy. It’s really a catch-22 because how can you prove that you’re trustworthy if you’ve never had a chance to show […]