When it comes to managing your credit score, one important factor to consider is the presence of old collections on…
A late payment on a credit card or loan can have a serious impact on a person’s credit score. When…
There are a multitude of credit scoring models in use today, each with its own unique method for calculating and…
Identity theft occurs when someone obtains and uses your personal information without your permission, often for financial gain. This can…
Credit repair can be a valuable tool for those looking to buy a home. A good credit score is an…
Credit monitoring services are an excellent way for home buyers, home shoppers, car buyers, credit card shoppers in Austin, Texas…
Credit monitoring services are an excellent way for home buyers, home shoppers, car buyers, credit card shoppers in Houston, Texas…
What else is there to love about credit? How about credit history. It might go without saying that the longer an account is open the more it helps. Your credit history is 15% of your credit score and it is an average of your open and active accounts both installment and revolving.
Does this mean that the beginning of the year is the best time to start fixing your credit? The truth is the best time to start rebuilding your credit as soon as you are able.
What is credit card utilization and how can it impact your credit score? Your revolving accounts make up 30% of your credit score in the mortgage FICO credit scoring model. That is almost one third of your score.