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.
Apr 03, 2017 | Meghan Alard
A new $3 million CFPB penalty against Experian reveals the difference between a consumer credit score that lenders use and your “educational” score.
Mar 27, 2017 | April Lewis-Parks
The big 3 credit bureaus in the U.S. plan to adjust reporting information on July 1. Here’s how these new credit report changes could boost your score.
Mar 24, 2017 | Meghan Alard
WalletHub released this year’s best and worst cities in America based on credit scores. How does your credit score compare to your neighbors?
Feb 20, 2017 | Meghan Alard
A new report shows an increase in the number of delinquent auto loans and credit cards. We explain what delinquent debt is and how you can overcome it.
Credit Cards, Debt Relief
Nov 14, 2016 | Meghan Alard
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 Alard
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 Alard
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