Category:
Credit Score

Top Credit Score Facts and Myths

By Tom Jackson | February 6, 2020

Credit scores matter. A lot. So it’s best to understand what they are, how they are calculated and what they mean. Something this important should not be shrouded in myths…

Benefits of Good Credit & What You Can Do With It

By Joey Johnston | February 6, 2020

Your credit, good or bad, can have an impact on almost every aspect of your life, from having a roof over your head to getting a job. What can good…

Credit Monitoring vs. Credit Security Freeze: Which Is Better?

By Tom Jackson | January 27, 2020

The number of online security breaches is so staggeringly high – more than 5 billion records exposed in 2019 – that the question of whether your private information has been…

How to Fix My Credit to Buy a House

By Joey Johnston | January 17, 2020

Finding the perfect home remains the American dream, but finding someone to lend you money for that home can be a challenge. Denial rates for mortgage approvals grew significantly in…

Fair Credit Reporting Act: Common Violations and Your Rights

By Joey Johnston | January 7, 2020

A consumer’s financial future can rise and fall on what’s in their credit report so keeping a close eye on the contents should be important to everyone. Credit reports are used to…

Credit Card Fraud

By George Morris | December 30, 2019

Credit card fraud is skyrocketing, and makes up a large part of the $1.48 billion the Federal Trade Commission reports Americans lost to scams in 2018. Recognizing the risks, protecting…

How Does a Credit Builder Loan Work?

By George Morris | December 19, 2019

*Clears Throat* Credit builder loans help build credit. Well, duh. But how does it work? Often called Fresh Start Loans or Starting Over Loans, these clever creations are ideal for…

How Multiple Credit Inquiries Affect Your Credit Score

By Joey Johnston | December 3, 2019

Do you panic whenever a lender or landlord proposes pulling your credit report? If so, a lot of that anxiety may be overblown. Too many credit inquiries in a short…

My Mom Stole My Identity: What to Do When a Parent Steals Your Identity

By Joey Johnston | December 2, 2019

Think most identity thieves are distant, shadowy online hackers? The truth is that your mom could steal your identity. Your dad could ruin your credit. In 2017, 1.22 million people…

How to Increase Credit Score

By Joey Johnston | September 23, 2019

Credit Repair Alternative: Credit Report Education & Action Plan If you knew that you could improve your financial health today, would you? Credit scores are one vital component of your…

Sources:

  1. Tressler, C. (2023, October 13) You now have permanent access to free weekly credit reports. Retrieved from https://consumer.ftc.gov/consumer-alerts/2023/10/you-now-have-permanent-access-free-weekly-credit-reports
  2. Akin, J. (ND) Why Do Employers Check Credit? Retrieved from https://www.experian.com/blogs/ask-experian/why-employers-check-your-credit-report-and-what-they-see/
  3. Streaks, J. and Lyons Jr., R. (ND) Does rent impact my credit? Retrieved from https://www.businessinsider.com/personal-finance/credit-score/does-rent-impact-credit-score
  4. Gravier, E. (2020, January 31) Can employers see your credit score? How to prepare for what they actually see when they run a credit check. Retrieved from https://www.cnbc.com/select/can-employers-see-your-credit-score/
  5. Arnold, C. (2020, January 30) FICO Is About To Change Credit Scores. Here's Why It Matters. Retrieved from https://www.npr.org/2020/01/30/800563459/fico-is-about-to-change-credit-scores-should-you-worry
  6. Lerner, C. (ND) 20 Old Wives’ Tales You Should Stop Believing By Now. Retrieved from https://www.rd.com/health/wellness/popular-old-wives-tales-fiction-or-fact/
  7. Gaskin, J. (2017, May 10) Truth Squad: Can Scoring Rental Data Vastly Improve Credit Access? Retrieved from https://www.fico.com/blogs/truth-squad-can-scoring-rental-data-vastly-improve-credit-access