Credit Score

How to Improve Your Credit
January 31, 2014

How to Improve Your Credit

If you’re interested in improving your credit, you’ve come to the right place. This whitepaper will provide you with an understanding of credit and credit scores, as well as the tools you need to understand how to build good credit. This document is designed to take you from knowing little or nothing about credit to […]

How Holiday Shopping Affects Credit Reports
November 20, 2013

How Holiday Shopping Affects Credit Reports

According to the National Retail Federation, the average holiday shopper will spend $738 on gifts and seasonal items. Although some consumers take the attitude that the holidays are a time to splurge, the truth is that poorly thought-out spending can negatively affect credit. Maxing out credits cards is very easy to do during the holiday […]

How Do Car Loans Affect Your Credit?
November 15, 2013

How Do Car Loans Affect Your Credit?

Public transit has become a way of life for many young adults and city dwellers, but the convenience of having your own car is an advantage that many people can’t pass up. Of course, that convenience comes with a cost. As of August of this year, the average price of a new car was $31,252, […]

What Are Consumer Reporting Agencies?
November 13, 2013

What Are Consumer Reporting Agencies?

  When it comes to analyzing your credit score, the terminology and number of resources at your disposal can make it all seem truly overwhelming. One of the terms that could cause confusion is consumer reporting agencies. What are consumer reporting agencies? Simply put, consumer reporting agencies are the forces behind credit reports. Among other […]

Credit Report Credit Score
November 8, 2013

Credit Reports vs. Credit Scores: What’s the Difference?

  As a consumer and a television viewer, you hear the terms “credit report” and “credit score” all the time. Contrary to popular belief, though, these terms are not synonymous. Credit reports and credit scores have different formats, different uses and different availability, and as a consumer it’s important to be familiar with each and […]

Credit Check
November 1, 2013

Hard vs. Soft Credit Inquiries: What’s the Difference?

  Whether applying for a personal loan or interviewing for a new job, at one point or another you have probably been the subject of a credit check. Also known as a credit inquiry, this is a standard procedure that many financial institutions, companies and employers use to gather more information on a consumer’s credit […]

Car Purchase
October 28, 2013

Should I Buy Or Lease A Car with Less-Than-Perfect Credit?

  If you’re in the market for a new car, there are a lot of important decisions in your future, from financing to features. One of the first things you’ll need to determine, though, is whether you want to buy or lease an automobile. Both buying and leasing have their advantages, so it’s not an […]

Credit Card Use
October 28, 2013

Why Millennials Are Choosing Debit Rather Than Credit

These days a substantial number of young adults are opting out of credit cards altogether. In a recent study, FICO nicknamed the Millennial generation “The Young and the Cardless.” According to their research, in 2012, 16% of those ages 18-29 had no credit cards whatsoever. Back in 2005, before the Great Recession hit, just 9% […]

October 25, 2013

When Bad Credit Gets in the Way of Employment

Employers commonly use credit checks to get an objective view of job candidates. While this practice is legal according to the federal government, as many have found, employer credit checks can be debilitating to those in desperate need of a job. Employer credit checks are commonly associated with jobs at the executive level or within […]

Employer Credit Checks
October 18, 2013

Employer Credit Checks: Know Your Rights

You know that bad credit can damage your ability to buy a home or get a loan, but for many Americans, a less-than-perfect credit report also looms when it comes to securing a new job. According to federal law, potential and current employers are allowed to check a candidate or employee’s credit report. That being […]