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Is there even a difference between your credit score and your FICO score? Actually, yes! Check out this article to learn more. Your credit score tells lenders how likely you are to pay your bills on time. The better your credit score, the less risky you look as a borrower. But a “credit score” is

You probably know that a higher credit score helps you get a better interest rate. But there’s more to it than that. Your credit score directly affects the interest rate on your mortgage. The difference between a “good” versus an “excellent” credit score can save you thousands of dollars on interest. Most people know that

While some people do just fine with DIY budgeting, others need a little help managing their finances and maintaining healthy credit. Key takeaways A credit counselor helps create a personalized plan for getting back on track with your finances and maintaining healthy credit. They may recommend a debt management plan, but participation can negatively impact

When it comes to credit scores, there’s a lot of conflicting information out there. Check out these little-known facts to keep you informed. Key takeaways Credit scores come in different types and versions. Disputing errors on your credit report can sometimes hurt your loan application. Paying off old collections may not improve your score. Lowering

If you don’t have a lot of credit history, it may seem a little intimidating to get started. But starting from scratch isn’t as difficult as you might think. Key takeaways Understand factors that can hurt your credit score and pay bills on time to prevent late payments. Avoid little-known mistakes, like double payments or

How is your credit score calculated? Read below for the full breakdown. Credit can get pretty complicated because there are several different models and versions of your credit score. To keep things simple, we’ve broken down the main factors that impact your FICO score, which is the most widely used credit scoring model. Your FICO

Sadly, there are thieves and scammers out there who may try to steal from your credit card. Here’s what you can do to stop them. Key takeaways Safeguard your card numbers and avoid giving out personal information Check credit reports, review billing statements, and report lost or stolen cards immediately. Use strong passwords and be

Great job building up your credit score! After all that hard work, you’re probably wondering how you can maintain your credit. Read below to learn more! Key takeaways Maintaining good credit is easier than repairing a low score. Be strategic with credit usage to keep a high score. Consider seeking advice from a reputable credit

A credit repair service can be the perfect solution for people who need help improving their credit. Unfortunately, there are a lot of scams out there. Here’s how to avoid them. Key takeaways Beware of credit repair scams, which may ask for payment upfront or suggest false information. Check for red flags when considering a