How Does Experian Boost Work?

April 25, 2019
If you don’t have a lot of access to credit or do not have enough credit card or loan accounts to build a good payment history, your thin credit file could keep you from accessing other forms of credit.
Details

Different Types of Scores Help Expand Access to Credit

While you may be familiar with your FICO score, a person’s credit score calculated by the Fair Isaac Corporation, or one of the major credit bureaus, you may not be aware there are several additional types of credit scores. Every American with a social security number or tax identification number that has borrowed money in the past few years has a credit score with ...
Details

Is Credit Counseling Worth It?

If you’ve had credit problems or challenges with your personal financial situation in the past, you may have considered hiring a credit counseling agency to help. According to the Urban Institute, 71 million Americans had at least one debt in collections in 2017. Overwhelmed, they may search for help from a credit counseling service.
Details

Credit Access Set to Expand

Getting credit is about to get easier for people who may have previously struggled to get a mortgage because of their non-existent credit history.
Details

What Are the Effects of Pulling My Credit?

Understanding your credit scores and how they can help you is important, and a little knowledge can go a long way. One area that many people don’t understand is what a soft credit inquiry and a hard credit inquiry are and how they differ.
Details

How To Jump Start Your Credit

Building your credit is an important part of financial stability. Most people don’t know much about credit scores, though. It takes time and a great deal of patience to build great credit.
Details

How Credit Can Help You

Having good credit can help you make the most of the money you have. You need a good credit score to qualify for a car loan, mortgage, and credit card. While you may still qualify with a lower score, you may more interest on the money you borrow.
Details

Helpful Hints for Maintaining Your Credit Score - Boost your Credit Score with a Good Mix of Credit

You can build and sustain good credit with a personal loan or credit card by making every payment on time. Even if your score isn’t great right now, if you keep your balances manageable and keep up with payments, you’ll be well on your way to building a good FICO or credit score.
Details

Helpful Hints for Maintaining Your Credit Score - Amounts Owed

The total amount you owe across all accounts reported to the credit bureaus is the second most important aspect of your FICO credit score. This is also known as your credit utilization, or the amount of credit you are using vs. the amount of credit you have. Your total debt level determines 30% of your credit score.
Details

Helpful Hints for Maintaining Your Credit Score - Payment History Tips

Payment history tips Did you know that the most important thing you can do to keep your credit score in good shape is to pay your bills on time? Credit history accounts for 35% of your FICO credit score. Making just one payment more than 30 days late could result in a drop in your score and a negative mark on your credit report that lasts seven years.
Details
Need a Loan? Click Here!
5 tips to better your credit

Subscribe to Email Updates

Most Popular Posts

Posts by Topic

see all