The FICO score model is the mostly widely used scoring model. As per Fico, as much as 90% of lending decisions that are done using a scoring model,...
The 5 Most Important Factors In A FICO Score
read more
Explore Credit Topics
Getting Approved For A First Credit Card
Credit is not something you are automatically born with. It is something you need to learn how to build on your own. The best way to build your...
Secured Credit Cards – Everything You Need To Know
Are you looking to build or rebuild your credit? That’s smart! But, hey! Banks are not your buddy. They won't lend you money just based on trusting...
Building Credit With a Store Card
One of the classic, old school ways of starting to build credit was by first applying for a store card. What Is a Store Card? A store card is...
Key Differences Between an Authorized User and a Joint Account
If you own a credit card, you most probably already heard the term Authorized User, but did you ever hear of a Joint or Co-Applicant?...
Building Credit Using a Student Card Rather Than a Secured Card
You can’t build credit without a credit card, but you can’t get approved for a credit card without credit. This is the building credit catch 22. The...
Do Utility Or Phone Bills Help Build Credit?
Getting a bill in the mail is not one of the most exciting times in life. Responsible, timely people, though, make sure that their utility and phone...
Does Carrying A Balance Help Build Credit? (Myth)
Many people believe that carrying a balance will help them build credit or up their chances of getting approved for a credit card. People think that...
Why Do I Need To Build Credit
Good credit is not something that is only needed if you plan on flipping buildings one day. Good credit is something that people will need on many...
