What You Need To Know About the New FICO 10 Scoring Models
Just as you were finally getting a hang of the old scoring model, FICO brings a new one to the table. In fact, for the first time ever, the company responsible for creating the very first FICO scoring model introduced two new models: FICO 10 and FICO 10 T. If you’re wondering what the “T” […]
Will Your Business Need Credit When the Economy Reopens?
COVID-19 has undoubtedly tested the American economy in a way it has never been tested before. With so many businesses unable to open and so many Americans unable to patronize them, many companies and small businesses have been brought to their knees. Fortunately, with the economy reopening, and businesses of all sizes are beginning to […]
How Many Credit Cards Should You Have?
For most of your life, you have been and will be concerned about numbers. What grade did you receive on that science test? How high is your cholesterol? What is the right number of credit cards you should have? The truth is that there is no magic number of cards that will automatically give you […]
Ask the Credit Experts: Can Authorized User Tradelines Help You Build Credit?
It’s no secret that you should start building credit while you’re young so you have more borrowing power when you’re older. It’s practically impossible to purchase a car or a house without sufficient credit history. So unless you plan to pay cash for all your large purchases, building credit is imperative. However, new laws have […]
10 Basic DIY Tips for Credit Repair
When you’re young and have a poor credit history, it may not seem like a big deal. As you grow older, however, you become more reliant on credit to make big changes. A credit score decides not just your ability to buy a car or home, but even to move out on your own and […]
Keep Watch Against Tradeline Myths
Good credit is essential for those who want the better things in life, such as a home or a new car. If you are one of many with less-than-stellar credit, you may still be able to buy these things, but at a higher price because you’ll have to pay a higher interest rate. For some […]
