There are many different ways to hurt your credit score, either intentionally or accidentally. Find out how you can avoid damaging your credit score.
Everything you need to know about where you stand credit-wise.
Your credit utilization ratio is the total of your credit balances divided by the total of your credit limit. If you have credit cards and a revolving loan that make it possible for you to charge $10,000 worth of purchases and you have spent $5,000 – you have a 50% credit utilization ratio. Your credit [...]
If age is just a number, does it make a difference in your ability to have good credit or not? Because the length of credit history plays a role in calculating credit scores, it’s common for older adults to have higher credit scores than young adults. People generally have different financial goals and struggles at [...]
With the news of the ongoing housing market troubles and the high costs of living, many consumers are content with continuing to rent rather than buy. But new information shows that renting may not be ideal for some people worried about rising costs. There are some considerations to make when deciding whether to keep renting [...]
There has been a lot of talk about the possibility of consumers across the board getting free access to their credit scores. Currently, the only way to see your credit score is if you pay for each of the scores offered by Transunion and Equifax. Each company charges about $15 a pop for a credit [...]
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