Category Credit Scores

CREDIT SCORE MISSTEPS (AS REPORTED BY CONNIE MEI ON WWW.MONEYNING.COM)

We know that credit scores are important. And most advice you will find online deal with the things that you can do to lower your rate. But the best advice you will ever hear is advice that will help you avoid the crucial missteps that hurt your credit score in the first place. Thankfully, Connie […]

CREDIT SCORE EXPLAINED (AS REPORTED BY RYAN KATON ON WWW.MASHABLE.COM)

A credit score is a portrait of someone’s credit history, valued as a round number between 300 and 850. Your score is used primarily by creditors as a way of determining how likely you are to pay off your debts. This, in turn, determines what kind of loans will be available to you. There are […]

ALL ABOUT CREDIT SCORES (AS REPORTED BY TRENT HAMM ON WWW.THESIMPLEDOLLAR.COM)

Credit scores were invented as a means of helping financial institutions trust people they were making loans to. An individual with a high credit score is more likely to pay back a loan than someone with a low score. Credit scores are managed by third-party organizations, called credit bureaus. Scores go up and down based […]

Cracking the Code on Credit Card Numbers (As reported by Allan Smith at BusinessInsider.com)

You always hear that cash is king, but is that really true today?  Swiping a card, whether it is credit or debit, has become one of the most common methods of payment for everyday purchases.  It’s so easy to pay by card that many of us have likely never stopped to think about how the […]

Improving Credit Scores (as reported by Brittney Castro on blog.mint.com)

We know by now that your credit score is a very important number as it relates to your personal financial success. It can mean the difference between getting a loan for home or car ownership or not. And it can affect the rates you pay when you are approved for a loan. But things happen, […]