Why Did Your Credit Score Drop?
Periodically, you check your credit score and credit report. Your latest check left you feeling dejected, as you noticed a credit score drop. Coast Tradelines wants to help you understand the many reasons credit scores take a ding. See if any of these explanations apply to you, so you can understand what happened and develop a […]
How To Get a Higher Credit Limit
If you want to boost your credit score, do not forget about how much your credit utilization rate affects your overall score. Coast Tradelines wants to give you ways to increase credit limit and provide insights on the benefits that higher limits offer. Reasons To Increase Your Credit Limit Even if you never come close to […]
Don’t Make These Mistakes if You Buy a Tradeline
Buying tradelines can be a smart way to improve your credit situation. However, to use a tradeline effectively, you must know what you’re getting into and understand how a tradeline can affect your overall credit score. To help you on your journey to better credit, we offer here some common tradeline mistakes to avoid when […]
What is the FICO Resilience Score?
The popular FICO scoring tool has recently changed to help lenders better understand credit risks in a shaky economy. FICO, the originator of the popular credit score metrics, is changing to address the resilience of a consumer’s credit when economic circumstances are uncertain. The new credit scoring model takes some time to understand, but here […]
How You Can Build Credit With Tradelines
Many of the decisions made concerning large purchases, utility accounts, employment, and housing involve a credit check. It is common for creditworthiness to be a deciding factor in the approval of a rental application or a new credit card account. While many things impact your credit history and credit score, tradelines are used to build […]
What makes a 850 Credit Score?
You may have heard the old phrase that nobody’s perfect, but that doesn’t mean your credit score can’t be. On the FICO scoring model, a perfect credit score rings in at 850. However, less than 2% of scorable Americans have a perfect score. Though there are several different scoring models used across lending applications, the […]