Updated October 7, 2021 If credit scores confuse you, you are not alone. Between 37 to 58 percent of consumers indicated that their level of credit score knowledge was either fair or poor in a credit score survey released by VantageScore Solutions and Consumer Federation of America last…
Category: Credit Reports & Scores
Perks You Can Land with Killer Credit Scores
Everyone loves earning perks, benefits, and bonuses, right? Credit card reward programs, brand loyalty programs, and even grocery store discount cards are built upon this very concept. Yet while most people can easily recognize the value of a credit card rewards program, there are still many consumers who…
5 Proven Ways to Help Your Credit Scores Climb
Achieving and maintaining great credit is a lifelong commitment, or at least it should be. After all, your credit reports and scores exert a tremendous amount of influence over your life and finances. Your credit can impact your ability to purchase a home, purchase a vehicle, land your…
Building a Credit Score from Scratch
Updated October 27, 2021 You have to be careful about the advice you follow when it comes to your credit —especially when building credit for the first time. Have you ever Googled for credit tips? If so, you probably discovered a tsunami of articles and ideas clamoring to…
Equifax Data Breach: How to Find Out If You’re Affected and What to Do About It If You Are
In September of 2017, the credit reporting giant Equifax announced some very unsettling news. The credit reporting agency experienced a massive data breach which unfortunately compromised the personal identifying information of approximately 143 million people.
The Difference Between Hard Inquiries and Soft Inquiries
Credit scores, like FICO and Vantage Scores, are based upon a variety of factors. For FICO scores the factors which make up an individual’s credit scores fall into 5 categories. The least influential categories, Mix of Credit and Inquiries, each account for 10% of a consumer’s credit scores….