Credit news, credit score improvement articles and information from finance experts here. Highly research articles on credit score improvement
Credit cards are excellent financial tools, provided you use them intelligently. They bring convenience, safety, and an entire gamut of benefits that can supercharge your financial well-being. To make the most of their complete potential, it is worth seeking out and implementing intelligent tips. In this article, we shall explore good credit card tips that … Read more
Before we look at ways to improve our credit scores, we must first understand what a credit score is. In simple terms, a credit score is an estimation of an individual’s creditworthiness, which is arrived at by using a mathematical estimation based on a detailed analysis of one’s credit files. A high credit score is … Read more
It is frustrating when something major goes awry with your credit. You may think that you are going to be in a situation where you will never be financially qualified to buy a house, but that simply is not the truth. Today, there are more lending tools than ever that a mortgage lender can use … Read more
There are a few things having a poor credit score can affect – the ability to get a loan or a good rate, personal finance for a car or trouble with renting. But if you do have a poor or thin credit score (a thin credit score is often down to not having enough credit … Read more
Your payment history makes up 35% of the credit report. That’s the reason financial experts insist you to pay your debt in time. What happens when you make a late payment? You pay a penalty for that. What else? Your credit score suffers. Late payment myths There are some myths around late payments, which I’m … Read more
The survival of a new marriage depends upon a lot more things than just dividing the household chores. A discussion about money management and handling the credit cards are also essential for facing all the troubles of a conjugal life. So, setting up some credit rules might actually help the newlyweds to get out of … Read more
Errors in the credit score reports are not a new thing. With the rapidly growing economy and multiple transactions taking place per hour, errors are bound to occur. Unfortunately many people take no bother in reviewing their credit reports. This is perhaps due to lack of knowledge of the full consequences that bad credit reports … Read more
Credit is a better projection of your financial status and how much efficient you are at managing the same. If it is not up to the mark, you will have to struggle hard to get a loan, no matter what purpose you are seeking it for. Rebuilding credit is a time consuming process but paying … Read more
Some people hold the opinion that credit monitoring is optional. They are wrong. Credit monitoring is necessary because we are living in a digital world which provides hundreds and thousands of opportunities to data thieves to steal individual’s data. By monitoring your own credit, you reduce dependence on the credit card issuers, credit bureaus as … Read more
Ruining your credit score doesn’t take too much effort, as opposed to building it up. A damaged credit score poses a lot of troubles, especially if you’re looking to take on a loan for a business or a house. In Australia, if your score is above 700, then you have nothing to worry about. Most … Read more