When I heard about my friend Alex’s* experience a few years ago when his credit score dropped by 250 point in three months, I wanted to share his story with you as an example of why it’s so important to pay attention to your credit report and score. How My Credit Score Dropped 25...
Credit Score Basics Credit scores are designed to make decisions easier for lenders.Banksand credit unions want to know how much of a risk you might beto default on your loan, so they look at your borrowing history for clues. For example, they want to know if you have borrowed money befor...
Your credit score is three-digit number, ranging from 300 to 850, that is the result of an analysis of your credit file. Lenders use your credit score to judge your potential credit risk and ability to repay loans. Credit score ranges vary based on the model used (FICO® versus Vantage...
Using a 0% APR credit card can help you save on interest if you need to cover an unexpected cost with a credit card. TheU.S. Bank Visa® Platinum Cardoffers no interest for 18 billing cycles on new purchases and balance transfers (then 18.24% - 29.24% variable APR; balances must be...
The Credit Solution Program is a one-of-a-kind course to assist you in raising your credit score, getting out of debt, and living in good financial health.
Why is it important to have a good credit score? With a high credit score, you're more likely to get a better interest rate or terms when you look to borrow money. This can save you thousands of dollars over time. Lenders examine a credit score to decide whether to approve home, payd...
And what that means is your balance is going to stay high and you're not allowed to take any more money from your emergency fund." Well, I did punish myself because my credit score dropped that month and that was so unnecessary. What I actually should have done is...
Learn the definition of credit limit, how it is set, how it may affect your credit score and how it might increase or decrease with time.
In general, most baseball batters reach first base by way of a hit or a walk. Sometimes, players will reach base on an error, hit by pitch or fielder's choice. One of the most uncommon ways to reach base is from a dropped or uncaught third strike. If fir
Monitoring your credit score often through a free service like Credit Sesame will also help you get notified of identity theft. Want to know how to set your children up to have excellent credit scores? Don’t miss my book: Living a Rich Life as a Stay-at-Home Mom: How to Build a ...