Score Advice

Auto Added by WPeMatico

How Often Should I Check My Credit Score?

How Often Should I Check My Credit Score?

Checking your own credit will never hurt your scores, and you can check your credit reports and scores as often as you want. But checking your credit every day, or even checking it weekly or monthly, isn’t always necessary. You might want to keep a close eye on your credit if you’re actively trying to […]

How Often Should I Check My Credit Score? Read More »

Does Opening a New Credit Card Improve Your Credit Score?

Does Opening a New Credit Card Improve Your Credit Score?

If you’re considering applying for a new credit card, it’s important to weigh the impact on your credit with other benefits, such as promotional interest rates or the opportunity to earn rewards. Applying for a new credit card may lead to a small, temporary dip in your credit score because it typically generates a hard

Does Opening a New Credit Card Improve Your Credit Score? Read More »

What Are the Different Credit Score Ranges?

What Are the Different Credit Score Ranges?

There are many models used to calculate your credit score, but most of the ones published by FICO and VantageScore® have a score range of 300 to 850. A higher credit score indicates you are statistically less likely to fall behind on a bill payment and can make you more appealing to lenders, landlords and

What Are the Different Credit Score Ranges? Read More »

How Do I Get My Credit Score Above 700?

How Do I Get My Credit Score Above 700?

If you want to qualify for lower interest rates and better credit card features—and enjoy a host of other benefits—achieving a 700 credit score or better could help you do it. To get your credit score above 700, it’s important to understand which factors influence your score, and then focus on the ones that make

How Do I Get My Credit Score Above 700? Read More »

What Is a VantageScore?

What Is a VantageScore?

VantageScore® is a company that develops consumer credit risk scores. Banks, credit unions, lenders and card issuers can use VantageScore’s credit scores to understand the likelihood that someone will miss a bill payment. They might rely on one of these scores when sending out offers of credit, reviewing applications and managing their customers’ accounts. What

What Is a VantageScore? Read More »

How to Qualify for New Credit With No Credit Score

How to Qualify for New Credit With No Credit Score

If you have no credit score, there are options available specifically to help you start a credit file so you can get new credit in the future. You can get a secured credit card, a credit-builder loan, join another person’s credit card account as an authorized user and more. When choosing the best way to

How to Qualify for New Credit With No Credit Score Read More »

How Often Is My Credit Score Updated?

How Often Is My Credit Score Updated?

Wondering why your credit score seems different every time you check it? Credit scores can change frequently, reflecting updates to your credit files at the three national credit bureaus. In general, you can expect your credit score to update at least once a month. But if your lenders report to the bureaus more frequently, you

How Often Is My Credit Score Updated? Read More »

How to Protect Your Credit During a Recession

How to Protect Your Credit During a Recession

If you’re worried a recession could impact your credit score, your fear isn’t completely unfounded. While credit scores are not directly affected by recessions, if your financial situation changes due to a downturn in the economy, your scores could change as well. Because credit scores are based on how you manage your debt, financial conditions

How to Protect Your Credit During a Recession Read More »

How Long Does It Take to Build a Good Credit Score?

How Long Does It Take to Build a Good Credit Score?

Good credit scores are made, not born, so after you establish your first score it’ll take some time to reach a level that will qualify you for the best borrowing terms. Exactly how long depends on the types of credit you use and how capably you manage your accounts. Here’s how it all works. What

How Long Does It Take to Build a Good Credit Score? Read More »

The Complete Guide to Understanding Credit Scores

The Complete Guide to Understanding Credit Scores

Your credit score is a crucial indicator of the health of your credit history and can impact your ability to qualify for affordable credit and even low insurance rates. To help you improve your creditworthiness and overall financial well-being, here’s a guide on everything you need to know about credit scores. What Is a Credit

The Complete Guide to Understanding Credit Scores Read More »

Is it Bad to Have No Credit Score?

Is it Bad to Have No Credit Score?

Not having a credit score isn’t necessarily bad, but it’s not ideal. It can prevent you from qualifying for loans, credit cards and housing and complicate your ability to rent cars and get cellphone and cable subscriptions. Establishing credit as early as possible is a good way to set yourself up for the future. What

Is it Bad to Have No Credit Score? Read More »

Scroll to Top