How Healthy is Your Credit Score?
How Healthy is Your Credit Score? Credit Report by Maria Shahid Share Share Email Your credit score is one of the most critical numbers in your financial life. Whether you’re applying for a new credit card, personal loan, or a mortgage, it is vital to know your credit score so that you have the proper […]
What’s a Good FICO Score?
What’s a Good FICO Score? Credit Report by John Ulzheimer Share Share Email One of the most common questions I’m asked is what constitutes a good FICO score, bad FICO score, great FICO score, horrible FICO score, average FICO score, etc? Here’s the deal on the quality of your FICO score…it’s going to depend. It’s […]
Can Medical Bills Hurt My Credit Scores?
Can Medical Bills Hurt My Credit Scores? Credit Monitoring by John Ulzheimer Share Share Email Medical providers such as hospitals, doctors, and clinics don’t normally send information to the credit bureaus. Medical bills are not usually reported to the credit bureaus unless the bills have been either turned over or sold to a collection agency. […]
Does My Income Impact My Credit Score?
Does My Income Impact My Credit Score? Credit Report by John Ulzheimer Share Share Email You would think that a person with a high income would also have a high credit score, but that is not necessarily true. It depends upon how they pay their bills and how much of their credit they use and […]
CFPB to Suggest Changes to CARD Act Addressing Stay-At-Home-Mom Issues
CFPB to Suggest Changes to CARD Act Addressing Stay-At-Home-Mom Issues Credit Cards by John Ulzheimer Share Share Email Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), announced he will propose a change to the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 and Federal Reserve regulations that critics have charged bars […]
What’s a Thin Credit File?
What’s a Thin Credit File? Auto Loans by John Ulzheimer Share Share Email “John, I applied for a credit card and I was turned down because of a “thin” credit report. What in the world is a thin credit report?”
How Can I Shop Around For The Best Credit Card Rates?
How Can I Shop Around For The Best Credit Card Rates? Credit Cards by John Ulzheimer Share Share Email I got a great question from a consumer recently about rate shopping. The question was so relevant that it warrants a short blog on the topic. Here it is…
How Many Credit Cards is Too Many?
How Many Credit Cards is Too Many? Credit Cards by John Ulzheimer Share Share Email One, ten, twenty…how many credit cards is too many? And why would anyone have more than one credit card? This is a very common and valid question. There are also several answers, some of which are valid and some of […]
4 Tips to Maintaining Good Credit During a Divorce
4 Tips to Maintaining Good Credit During a Divorce Credit Monitoring by David B. Coulter Share Share Email It may be time to divorce your spouse, but there’s no divorcing your current credit score. We’ve compiled 4 tips to help maintain good credit during a divorce. Major financial decisions are made while emotions are high […]
Do I Build Credit Faster By Carrying a Balance on My Credit Cards?
Do I Build Credit Faster By Carrying a Balance on My Credit Cards? Credit Cards by John Ulzheimer Share Share Email MYTH alert: Carrying a balance on a credit card does not increase your credit scores and it does not cause you to build credit any faster than if you were to pay it in […]