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[25 Sep 2018 | 2 Comments | 4,142 views]
Your FICO Score Could Lose 50 Points by not Following This Credit Card Strategy

Borrowing money today requires impressing an increasingly hard-to-please crowd. With creditors of all kinds more cautious than ever, you need an A+ application to land the best terms — and that means an A+ credit score, the number lenders use to judge your risk of default.

Fico Scores »

[23 Sep 2018 | 2 Comments | 9,941 views]
Credit Card Balance Transfers can Help Your Credit Score

A 0% balance transfer offer can seem like an amazing way to eliminate credit card interest payments. Yet some credit card users remain concerned that taking advantage of these offers will hurt their credit score. In fact, the opposite may be true as there are several reasons why receiving a 0% APR balance transfer credit card may actually improve one’s credit score.

Fico Scores »

[16 Sep 2018 | 2 Comments | 2,787 views]
Closing Multiple Zero-Balance Credit Card Accounts Will Lower Your FICO Score

In an effort to clean your cluttered finances, you close three zero balance credit card accounts. Lightening your wallet feels good now, but the potential hit to your FICO Score could weigh you down later.

Fico Scores »

[8 Sep 2018 | One Comment | 3,617 views]
What is a Good Fico Credit Score?

A good FICO score is one that exceeds 700. Any amount above that number is generally sufficient to qualify for the lowest available rates on most types of loans, but it is not a one way ticket to being able to take out extraordinarily large loans-your income will have a more significant effect on that.

Fico Scores »

[27 Aug 2018 | One Comment | 2,592 views]
How Often do Credit and FICO Scores get Updated From the Credit Bureaus?

Credit reporting bureaus continually update credit reports as they receive information from lenders. Your credit score may change with these updates as lenders add new information to your credit report but also as old information drops off your report. How updates affect your credit score can depend on your overall credit history.