What Gardening Can Teach Us About Credit
You can’t avoid the thorns. Gardeners end a hard day’s work with dirty fingernails and sometimes the occasional scratch from a thorn or two. For gardeners, that’s a small amount of pain for the weeks and months of enjoyment they get out of their flowerbeds. You should also be aware that […]
Non-Credit Ways Your Credit Score Matters
By now, most of us know that a credit score matters when youre looking for a loan. If you want approval for a mortgage, or the best rate on a car loan, you need a good credit score. But, if youre not planning to borrow, your credit score doesnt matter, right? A credit […]
How to Improve Your Credit Score in 5 Simple Steps
If someone offered you free coupons for all the biggest purchases youll make in your life, saving you loads of cash, would you take it? Why then, do so many Americans neglect their credit score? Having a good credit score is like having the worlds best coupon book for all of lifes […]
Quick Fixes for Your Credit Score
Your credit health is kind of like your physical health–there’s no fast lane to a perfect credit score or perfect health; it’s a long-term journey. But just as you can make healthy diet and exercise choices today, you can do the same for your credit. Here are a few things you can try […]
How a Little Extra Income Can Help Your Credit Score
One of the most powerful ways to improve your credit health is to reduce your credit utilization, which refers to the percent of your available credit that you are using. For example, if you have two credit cards with a credit limit of $5,000 on each one (and no other credit lines), […]
Credit Card Utilization and Your Credit Score
As there are dozens of different credit scoring models, it’s difficult to calculate exactly how credit utilization will impact your credit score. However, there is a strong correlation between a consumer’s credit card utilization rate and their credit score. With the exception of consumers who keep their credit card utilization at 0 percent, […]
How the Mobile Wallet Might Impact Your Credit Score
E-wallets are going mainstream, and as more consumers buy in they should be questioning whether the technology could affect their credit score. Consumers might not see an immediate parallel, but there are a few factors for mobile wallet users to consider. For one, the mobile wallet industry is still young, and […]
Does Your Credit Score Care What Kind of Credit Card You’re Using?
It’s well known that maintaining a low credit utilization percentage is an important part of a good credit score. What may not be so obvious, though, is that retail card credit utilization tends to play a less-important role in your score than credit card utilization. For this reason, to maximize an […]