6 Tips for Creating a Spending Plan That Helps Your Credit Score

6 Tips for Creating a Spending Plan That Helps Your Credit Score Credit Cards by Maria Shahid Share Share Email Creating a sensible spending plan is one of the best ways a prospective borrower can have a positive impact on their credit score and get approved for a loan — but many people don’t budget […]

Where is all that credit report data coming from?

Where is all that credit report data coming from? Credit Cards by John Ulzheimer Share Share Email The Consumer Financial Protection Bureau’s (CFPB) Office of Deposits, Cash, Collections and Reporting Markets (DCCR) conducted a study of how consumer data is managed, which was released in December 2012. This included how data is compiled by the […]

Credit Reporting Myths That Just Won’t Die

Credit Reporting Myths That Just Won’t Die Credit Monitoring by John Ulzheimer Share Share Email The Credit Bureaus Have Record of Your Income – This is a current myth based on a past truth.  Your credit reports used to have your salary included but they were purged from credit reports almost two decades ago.  Why […]

How to Create a Debt Management Plan that Works for You

How to Create a Debt Management Plan that Works for You Credit for Beginners by Staff Writer Share Share Email Managing debt is not fun, but with a structured plan, you can take control of your finances and work towards financial freedom, which can lead to fun! Whether you’re a young adult, a financial planner, […]

The Credit Scores That Lenders Use Most

The Credit Scores That Lenders Use Most Credit for Beginners by David B. Coulter Share Share Email   Not only does your credit score evolve (typically covering six-year periods) as your borrowing and payment history matures, it’s also determined by three potential sources that report varying numbers based on different types of credit scores. It’s […]