FICO Credit Score Definition

FICO Credit Score Explained
It is a common misconception that you will be approved for a car loan as long as you have a good job so that you can afford the payments and if you have money for a down payment. Automobile finance companies and other lenders consider other factors when deciding whether or [...]

Online Credit Report: What You Don’t Know CAN Hurt You

Getting a copy of your online credit report is the first step in taking responsibility for your personal financial circumstances. Whenever you apply for a loan, mortgage or student credit card the lender will do a hard or soft inquiry with one of the three credit bureaus: Equifax, Trans Union or Experion. They [...]

How Highlimit Credit Cards Boost Your Credit Score

It’s true; highlimit credit cards can boost your credit score!
There are more reasons to get a highlimit credit card than simply being able to rack up a ridiculous amount of debt. In fact the limit of your credit card can have a significant impact on your average fico score. This is because the [...]

Don’t Settle for an Average FICO Score

Are you spending more than you are making and tired of keeping up with all your payments? You are not alone. It is a fact of life that most of us want immediate gratification and make purchases in excess of the funds we have in our checking accounts. Buying on credit is the way most [...]