How Credit Utilization Affects Your Credit Score

Your credit score is one of the most important numbers in your life. It affects whether or not you’re approved for a loan or credit card. It also determines how much interest you’ll pay when you need to borrow money for anything from a house to a car. Plus, landlords and even employers often access…

How to Dispute Your Experian Credit Report

If you spot errors in your Experian credit report, you should file disputes. Otherwise, your credit scores will continue to suffer. Even worse, you could be denied for debt products, loans or housing, just to name a few. And if you are offered credit, chances are it will come at a more expensive rate. Don’t…

How to Refinance Your Mortgage with Bad Credit

Refinancing your mortgage can provide you with a lot of financial benefits. You can cash out on some of your home’s equity when you need a large sum of money. You can also take advantage of lower interest rates to save on your monthly payments. You might also be able to get rid of your…

How to Dispute Your TransUnion Credit Report

Did a recently rejected credit application prompt you to view your TransUnion credit report? Or maybe you were casually browsing your free credit report and noticed issues. Either way, you want to clean your credit report up sooner than later, and the best way to do so is by filing disputes. According to the Federal…

FICO vs. FAKO: The Real Deal with Credit Scores

For a long time, FICO was the only type of credit scoring model available to lenders. In fact, Fair Isaac and Company began offering their system to a handful of lenders in the late 1950s and branched out more widely for general use by the late 1980s. Because FICO scores were the only scores used…

How to Dispute Your Equifax Credit Report

Credit report errors can wreak havoc on your credit score. So if you spot issues in any of your reports from the three credit bureaus, you’ll want to have them removed right away. The first step to rectify the issue is to file a formal dispute with one of the three credit bureaus, which are…

How to Get in the 800+ Credit Score Club

Having a high credit score might not make you a VIP at the airport or the hottest restaurant in town, but being a member of the elite 800 Club comes with plenty of its own perks. Think low interest rates on every loan you apply to, higher limits on your credit cards, and the best…

How Long After Bankruptcy Can I Buy a House?

Buying a home after bankruptcy may seem like an impossible feat, but it’s actually not out of the question. Even if you have a Chapter 7 or Chapter 13 bankruptcy on your credit report, you can still buy a home after a certain period of time. The exact length depends on several factors, including the…

How to Get Something Removed from Your Credit Report

If you have negative items on your credit report, it’s a good idea to try to get them removed so that you don’t have to wait 7 years to have good credit. It’s in your best interest to start cleaning up your credit report if you want to get a mortgage, car loan, insurance or…

How to Remove Collections from Your Credit Report

When you’re trying to fix your credit, having one or more collections can put a huge damper on getting your score on an upward trajectory. While it can be difficult to get collections removed from your credit report, it’s not impossible. The best way to get started is learning about how exactly collections affect your…