Utility and phone companies do not report payments to the credit bureaus. Since utility bills are not reported to the credit bureaus, missing a...
Improve Your Credit Score While Paying $0 Towards Your Credit Card Debt. Plus Get Out Of Debt Faster
When someone is stuck with high credit card debt they are kind of trapped in a catch 22 situation. They are paying extremely high interest on the...
How Long Will A Late Payment Affect Your Credit Score?
It happens to the best of us. In this day and age, we all run extremely busy lives. No one is an angel, and therefore, even the best of us may...
Tricks On How To Instantly Higher Your Credit Score To Get Approved For A Cheaper Rate On A Mortgage
credit, Credit Scores, Mortgages
With the current interest rate market, every mortgage applicant is looking for a way to get a cheaper interest rate. But did you know that one of...
Update Your Credit Card Balance Off-Cycle. Which Banks Offer Mid-Cycle Reporting?
credit, Credit Card Info, Improving Credit
Credit cards usually report your balances to the credit bureaus once a month. With most banks, the date they report is the day that your statement...
Understanding The Fico Scorecards
People ask, how much will a late payment affect my credit score? 100 points? 150 points? What effect will high utilization have on my credit score?...
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...
Experian Boost – Everything You Need To Know
Experian recently announced a new program that will help consumers who don’t have any credit scores. The program is called Experian Boost. Until...
Which Credit Score Model Is Used For Mortgage Loans?
credit, Credit Scores, Mortgages
As discussed in past posts, there are many different scoring models, resulting in different credit scores. When applying for a mortgage, people...