Tag: credit scoring
Credit scoring models give lenders an easy way to assess your risk as a borrower, but if you don’t really understand how credit scoring works, then it can be difficult to take the steps you need to take to maximize your credit score. We have the latest news about credit scoring and how credit bureaus assess your risk so you can manage your credit effectively.
Nov 14, 2016 | Meghan Stewart
As penalties from foreclosures and short sales executed during the Great Recession expire, many consumers see their credit scores rebound significantly.
Nov 07, 2016 | April Lewis-Parks
Your poor credit score may be costing you more and that’s not just due to higher rates on credit cards and loans. Even insurance premiums may be higher.
Auto, Credit Score, Insurance
Oct 26, 2016 | Meghan Stewart
Nearly five out of every 100 subprime borrowers is 60 days or more behind with their auto loans. We help borrowers create a strategy to help catch up.
Aug 22, 2016 | Michael Koretzky
Just the act of checking your credit score makes you more aware of where you stand so you know what you need to do to achieve good credit.
Jul 29, 2016 | Meghan Stewart
A low credit score may not be as much of a roadblock to buying a home as you might think. A good credit building strategy can get you there within the year.
Credit Score, Homebuyers
May 23, 2016 | Meghan Stewart
A study finds college students lack knowledge about credit cards. Consolidated Credit explains how to use credit cards strategically to avoid debt.
Credit Cards, Young Consumers
Mar 23, 2016 | Meghan Stewart
A report finds 25 million customers have never shopped for a new credit card. If you’re one of those, you could be losing money and missing new features.
Feb 08, 2016 | Meghan Stewart
A new bill may help homebuyers with low or limited traditional credit scores qualify for mortgage approval under alternative credit scoring models.
Jan 29, 2016 | Meghan Stewart
We look at credit card use by state throughout the U.S. to see which consumers are using credit the right way and who is headed for financial distress.
Credit Cards, Credit Score, Debt Advice