How Late Can I Be On a Payment Before My Credit Scores Get Damaged?
How Late Can I Be On a Payment Before My Credit Scores Get Damaged? Credit Cards by John Ulzheimer Share Share Email I received the following question from a reader asking about how late payments make their way to credit reports. “John, I just converted from paper statements to email statements for my credit cards. […]
How Bad Are Collections For My Credit Reports and Credit Scores?
How Bad Are Collections For My Credit Reports and Credit Scores? Auto Loans by John Ulzheimer Share Share Email “John, I’m in a battle with a doctor’s office over a bill they sent to me that I know is supposed to be paid by my insurance company. I flat out refused to pay it and […]
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 […]
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. […]
Why Are My Scores Different Across Credit Reporting Agencies? Shouldn’t They Be The Same?
Why Are My Scores Different Across Credit Reporting Agencies? Shouldn’t They Be The Same? Credit Monitoring by John Ulzheimer Share Share Email Circa 1997, the question posed in this article’s title was one of the questions I was asked during my interview at FICO. Thankfully I answered correctly! Credit scores are built using credit data […]
How Can I Get Great Credit Scores?
How Can I Get Great Credit Scores? Bankruptcy by John Ulzheimer Share Share Email How you pay your bills or your payment history represents 35 percent of the points in your credit score, which is the largest component. This is over one-third of your score. This includes both current and past payments. But paying your […]
Will My Scores Go Up When I Dispute My Credit Report?
Will My Scores Go Up When I Dispute My Credit Report? Credit Monitoring by John Ulzheimer Share Share Email I received the following question last night from a Facebook friend: “John, I want to ask a question as you’re the only person I believe regarding this. (name withheld) says in a video that an “account […]
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. […]
Can Student Loans Lower My Credit Scores?
Can Student Loans Lower My Credit Scores? Credit Monitoring by John Ulzheimer Share Share Email FICO, the company that invented the credit score, recently conducted a study of student debt using data from one of the three major credit bureaus. The average debt was $26,549 in 2012, compared to $17,236 in 2005 or a 54 […]
Why Are My Credit Scores Different On Each Credit Report?
Why Are My Credit Scores Different On Each Credit Report? Credit Cards by John Ulzheimer Share Share Email Circa 1997, that was one of my interview questions when I was interviewing for my job at FICO. Whew, it’s a good thing I answered correctly or I might be writing about something other than credit. This […]