Repaying loans on time alone won’t ensure good credit score

Repaying loans on time alone won’t ensure good credit score

        Everybody knows that defaulting on a loan will automatically bring down one’s credit score. But people are not aware that there many other factors such as delayed reporting of data by banks, identity theft by fraudsters, guaranteeing a loan that has gone bad, and so on, can have an equally adverse […]

Employers Cannot Check Your Credit Score

Employers Cannot Check Your Credit Score

        Your three-digit credit score is a go-to indication of your trustworthiness that banks, credit card issuers, and car dealerships all use to help predict the likelihood of you repaying a loan. This myth is so pervasive for two reasons: 1. People Are Using “credit Score” And “credit Report” Interchangeably. 2. Employers […]

5 things that won’t affect your credit scores

5 things that won’t affect your credit scores

          Plenty of things can help a consumers credit scores, and even more can hurt it. Some things in the financial world just don’t matter when it comes to credit. This may be a relief to some people who are worried about hurting their credit because of issues relating to a […]

How the Christmas spend can affect your credit score

How the Christmas spend can affect your credit score

      Don’t let festive overspending make a turkey of your credit record Its that time of year again When you can hear a unique medley of Christmas songs as you walk down the high street. Christmas might be one of the most magical and exciting times of the year for the kids but […]

Credit cards can’t live with them, can’t live without them

Credit cards can’t live with them, can’t live without them

      What happens when you have no credit score at all? Without a credit card it turns out being responsible is not enough Read more…

My Credit Is a Mystery. Where Do I Start?

My Credit Is a Mystery. Where Do I Start?

      Theres no denying the fact that credit has become a fundamental part of our financial lives. It influences how much we pay in interest on auto loans, mortgages, student loans and credit cards. It also influences our insurance premiums, deposits on utilities and rent, and in some cases, it can even impact […]

What’s the Lowest Credit Score You Can Get?

What’s the Lowest Credit Score You Can Get?

      While some credit savvy consumers are trying to uncover the secrets to getting the highest credit score, there are thousands of others who don’t even want to check their credit, for fear they will discover they have the lowest credit score. If that describes you, relax. It may not be as bad as […]

7 Ways to Improve Your Credit Score

7 Ways to Improve Your Credit Score

        While some consumers will benefit, others may find it difficult to access credit at all. In fact, a few credit card companies have already begun cutting off customers without explanation, just a rude surprise at the register. Instead of being at the mercy of changes to laws and credit card company […]