One of the most important things you can do to protect your credit – especially now – is to check your report regularly. Equifax, Experian and TransUnion are making every consumer’s personal credit report available for FREE on a weekly basis through April 2021. To get a free copy of your report just go to—Read More
Did you know that there is more than one scoring model to calculate your credit score? The two main scoring models to calculate your credit score are FICO and VantageScore and lenders may look at one, or both of them when making decisions to issue credit or approve you for loans. The Fair Isaac Corporation—Read More
Credit scores are important, as everyday life can be negatively or positively impacted, like having access to credit cards, applying for a car loan, and being billed for your monthly utilities rather than prepaying for them. So, let’s get started and build your credit score knowledge.
Your credit score is a number between 300-850 that gives lenders an idea of your ability to repay loans in a timely manner. The higher your score, the better chance you’ll have of securing a loan with a lower interest rate, which means you’ll pay less money in interest over the life of the loan. —Read More