No, Carrying a Credit Card Balance Does Not Help Your Credit Score

Your credit score is one of the most important financial factors. It is even more important if you’re into credit card churning. You need a good score for credit card companies to approve you for new credit cards. You can find out more here about credit scores, and what to do to improve yours or…

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Some FICO Credit Scores Could Go Up Soon

Your FICO score is one of the most important numbers when it comes to your finances. Whether you’re buying a home, a car or applying for a credit card – lenders want to know the risk they’re taking by lending you money. FICO Scores are the credit scores used by 90% of top lenders to determine your…

45 Million Americans Don’t Have a Credit Score

We all try to stay on top of our credit history and FICO score. We also try managing our balances, limits and other factors in order to increase our score. But while many of us worry about our credit rating not being high enough, a new report finds that 26 million Americans have no credit rating at…

Top 3 Credit Reporting Agencies Reach Settlement on Medical Debt

New York Attorney General Eric Schneiderman reached a settlement with the three biggest U.S. credit-reporting agencies in a deal that will change the way they handle errors and treat medical debt. Under the agreement, set to be announced on Monday, Equifax Information Services LLC, Experian Information Solutions Inc and TransUnion LLC, will be more proactive…