Archive for the ‘Credit Score’ Category

How to raise your credit score

Thursday, June 24th, 2010

Before we start, raising your credit score, you should know will take time.  There are no true credit score quick fixes.  You will not go to bed with a credit score below 600 and wake up with a credit score above 700. To really start working on your credit score, you should first try to [...]

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Credit Score and Higher Limits

Sunday, August 30th, 2009

If you are looking for ways to boost your credit score asking for higher limits on your credit card is common advice you might here. Background on Your Credit Score First, to understand how higher limits on your credit cards could help your credit score you need to know the credit score formula.  When you [...]

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Credit Score Do’s and Dont’s

Thursday, August 27th, 2009

There are so much advice out these about how to improve your credit score and what you should do to maintain it.  Here is a quick list to help you know what is best for your credit score. Do: Pay your Creditors on Time This seems obvious but is a struggle for many individuals. This [...]

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Credit Score and Balances Transfers

Wednesday, August 12th, 2009

If you are in debt and chances are you have some, you might some day turn to debt consolidation to get you out of debt, more specifically credit card debt consolidation. This is one debt is moved to another card with the goal of a lower interest rate and a lower overall monthly payment. The [...]

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FICO Score Range

Sunday, June 21st, 2009

There are thousands of different credit score but the most widely used is your FICO score. Because there are so many check scores the credit score range can actually be different depending on the score you choose to check. For example, a Vantage Score ranges from 440 to 990. The FICO score range is from [...]

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Credit Score below 650

Tuesday, June 9th, 2009

To have a credit score below 650, you are making life a little more difficult for yourself and maybe a bit more expensive.  The truth is a 650 is far below the good or even excellent credit score range.  Some would even place it is the poor range.  The reason is the high risk your [...]

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Credit Score Models

Tuesday, June 9th, 2009

If you were aware you have more than one credit score.  If you really look there are over 1000 different credit score models.  A bit strange and confusing, but here is a quick guide to explain which credit score model you should care about. You might think the phrase credit score means a specific number [...]

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Credit Score Below 700

Sunday, June 7th, 2009

Today getting a loan is tougher than ever, which makes having a good or excellent credit score one of the best things you can do for your financial health.  If you have a credit score below 700, you definitely need to try to improve your score. Why is having a credit score below 700 less [...]

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5 Steps to Rebuild Credit

Sunday, June 7th, 2009

If you are trying to find the path to redemption with your finances rebuilding credit should be included on your list of things to do.  There are simple practices you can do on a daily basis to help you on your way to rebuilding credit and you should start by understanding the FICO score calculation [...]

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3 Steps on how to get a good credit score

Saturday, June 6th, 2009

Many people today are finding a good credit score is becoming more and more important. That leaves them wondering how to get a good credit score? Here is a little and basic list to help answer this question Step 1 on how to get a good credit score: Pay your bills on time Since the [...]

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Credit Score Improvement Tips

Friday, June 5th, 2009

Trying to improve your credit score is no easy task.  Individuals usually start by looking for a easy and quick way to do so, but find there really isn’t.  There are many credit score improvement tips out there, but here is a short condensed list Credit Score Improvement Tip One: Focus on Your Payment History [...]

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How to dispute a credit report error

Friday, June 5th, 2009

One of the best ways to improve your credit score or get on a path to an excellent credit score is to clean up your credit report. Your credit score is completely based on the information found on it and having incorrect info could be hurting your score. The first step on how to dispute [...]

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The Good Credit Score Range

Thursday, June 4th, 2009

Getting a loan could be the toughest in years.  The credit crunch has really made the lending restrictions tight and only those individuals that fall in the good credit score range will get approved. What is a Credit Score Range? Consumers that have scores which are close to one another often get put into pools [...]

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Is Your Credit Mix Hurting Your Credit Score

Friday, May 8th, 2009

A lesser talked about portion of the FICO score calculation is your credit mix.  A weight of 10% is put on what types of credit you use.  There is really no hard information about what types of credit are best to use only some general guidelines.  And if you don’t follow them your credit mix [...]

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Late Payment Effects on Your Credit Score

Friday, May 8th, 2009

The fact is there is nothing you could do to hurt your credit score more than pay your accounts late.  The largest part of your credit score is your payment history to your accounts and the negative entries in this section carries the largest weight.  Also, late payments effects on your credit score are lasting.  [...]

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Free Online FICO score

Sunday, April 19th, 2009

Are you looking for a free online FICO score?  Chances are you have had some trouble trying to find exactly what you are looking for.  The reason is that there is no such thing as a free online FICO score. The problems lies in the fact that when your are search for a “free online [...]

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700 credit score – Can you get one

Sunday, April 19th, 2009

At what point is your credit score considered good?  Well many believe that a 700 credit score is starting point on the credit score scale. To be good always you need to be better than most and the national credit score is somewhere around 680.  Another aspect of credit scores is the fact that are [...]

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Credit Score Range – Where do you fall?

Sunday, April 19th, 2009

The credit score range depends on the scoring model you are using.  For example the credit score range with the FICO score is 350 to 850.  It is different with the VantageScore which has a credit score range from 501 to 990. With both scales the higher the number the better the score you have.  [...]

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Credit Score Above 800

Sunday, March 29th, 2009

The best scores get the best interest rates.  A credit score above 800 is one of those scores and is considered an excellent credit score.  To get there takes serious discipline and you will be rewarded.  But is it worth to have a score that high? The argument is sometimes made that a credit score [...]

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Credit Score Myths

Sunday, March 8th, 2009

There are many Credit Score Myths out there that people hear.  Here are some of the Credit Score Myths and the truth behind them. Credit Score Myth 1: Closing Old Accounts Will Improve Your Credit Score One Credit score myth that people often believe that you can improve your credit score by closing old accounts.  [...]

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