Although 20 points doesn’t seem like much, it can mean a lot when it comes to your credit score. You wouldn’t know it from the consumer side, but there is a world of difference between a credit score of 580 and 600. Your options open up when you increase your credit score by 20 points, and they close up when your credit score decreases — find out how to increase your score by 20 points.

A home Foreclosure will stay on your credit report for seven years. This can make it difficult for you to purchase big-ticket items such as a car or a house if you cannot afford to pay cash. However, if your foreclosure was unjustly executed, or the institution that provided your mortgage is not fairly reporting your credit, there are steps you can take to have the foreclosure removed early.

The credit limit is the maximum amount of money you may charge on your credit card. This limit is mainly determined by your credit risk. So, it depends on the terms of your card, on your income and may be changed according to your credit history.

Have you ever wondered what do you have to do to have a super-high credit score? FICO has published a report on those it considers “high achievers,” or those with FICO scores of 785 or higher.

Aiming for a perfect credit score might seem like you’re trying to attain the unattainable, but hitting the coveted 850 FICO score isn’t impossible. A dedicated few find a way to obtain it by taking such steps as acquiring and maintaining good financial behaviors, monitoring their credit, and using only a small percentage of their available credit each month.