Do I Need To Worry About My Credit Reports if I’m Not Applying For A Loan?
Do I Need To Worry About My Credit Reports if I’m Not Applying For A Loan? Auto Loans by John Ulzheimer Share Share Email You may have all the credit cards you need, including a mortgage and a car loan. Why should you be concerned about your credit? You have no need for any additional […]
Do credit scores consider information not on my credit report?
Do credit scores consider information not on my credit report? Auto Loans by John Ulzheimer Share Share Email Credit scores are based upon information on the credit report. This is the only information used to predict credit behavior. The next question is, which data is and is not included in a credit report? Data normally […]
5 Ways to Protect Your Credit & Identity During COVID-19
5 Ways to Protect Your Credit & Identity During COVID-19 Credit Cards by Maria Shahid Share Share Email The economic crises we are facing is unprecedented. It’s challenging to ascertain what the future holds with over 20 million job losses in the United States. People are anxious, stressed out, and worried about their future. Although […]
What’s a Mixed Credit Report?
What’s a Mixed Credit Report? Civil Penalty by John Ulzheimer Share Share Email In late July 2013 a jury awarded an Oregon woman $18.6 million over Equifax because of errors on her credit report. Her issue…she had a credit file that was mixed with that of another woman, who happened to have poor credit. So, […]
What Credit Scores are Needed for Different Types of Loans
What Credit Scores are Needed for Different Types of Loans Credit Report by David B. Coulter Share Share Email Credit scores and reports can be complicated subjects to understand. After all, it is not something that we are taught in school, nor is it something that there is a great deal of public information on. […]
5 Alternative Ways to Build Up Your Credit Score
5 Alternative Ways to Build Up Your Credit Score Credit for Beginners by David B. Coulter Share Share Email Is there a more sophisticated way to build up your credit score beyond paying off accumulated debts every month? Perhaps you need to accelerate the improvement of your credit score to qualify for a personal loan […]
Is Credit Monitoring Worth the Cost?
Is Credit Monitoring Worth the Cost? Credit for Beginners by David B. Coulter Share Share Email Only a third of Americans typically check their credit scores each year, but it’s important to know yours even if you’re not currently planning to apply for a loan, mortgage or credit card. That’s because your credit report is […]
Can My Age Lower My Credit Score?
Can My Age Lower My Credit Score? Credit Cards by John Ulzheimer Share Share Email Some of the key components of the credit score are based upon on length of credit, how currently you pay your bills, how much of your credit card credit limits you use, inquiries, and other minor measurements. Age is not […]
If I Short Sell My House Will My Credit Card Interest Rates Go Up?
If I Short Sell My House Will My Credit Card Interest Rates Go Up? Credit Cards by John Ulzheimer Share Share Email The following question was submitted via SmartCredit.com’s blog. Q: John, I’m thinking of doing a short sale on my rental house to get rid of it. If I do that can my credit […]
So Exactly Who Calculates My Credit Scores…Because It Isn’t FICO or VantageScore
So Exactly Who Calculates My Credit Scores…Because It Isn’t FICO or VantageScore Credit Report by John Ulzheimer Share Share Email Before I answer the question posed in the article title it will be helpful to have some background on credit reports, FICO credit scores and VantageScore credit scores. Credit reports originate from data compiled from […]