What’s The Difference Between A Credit Report and A Credit Score?
What’s The Difference Between A Credit Report and A Credit Score? Auto Loans by John Ulzheimer Share Share Email “John, I’ve read where you undress people who say credit scores are used by employers and then you get on them for using credit reports and credit scores as if they were the same things. Isn’t […]
What’s a Credit Scorecard?
What’s a Credit Scorecard? Credit Monitoring by John Ulzheimer Share Share Email Within each credit scoring system there is a series of scoring models, or mini-models as some have called them. These mini-models are called scorecards. Now, let’s not confuse the issue with a bunch of techie mumbo jumbo. A scorecard is a unique scoring […]
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’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 […]
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?”
What’s The Best Way to Build My Credit Score?
What’s The Best Way to Build My Credit Score? Auto Loans by John Ulzheimer Share Share Email Happy Birthday, you’ve just turned 18. Maybe you got a car for your birthday. Maybe your parents are throwing you a great party. Whatever your gift happens to be, it’s unlikely that you’re thinking about your credit scores…although […]
What’s the Difference Between Interest and APR?
What’s the Difference Between Interest and APR? Credit Score by Maria Shahid Share Share Email So, what is the difference between interest rate and APR? And which one is more important? If you use credit products, you´ll want to understand these terms so that you can make informed decisions. What’s the Difference Between Interest Rate […]
Fraud Alert vs. Credit Freeze: What’s the Difference?
Fraud Alert vs. Credit Freeze: What’s the Difference? Credit for Beginners by David B. Coulter Share Share Email If you suspect that fraudsters have targeted your personal information and accounts, the unfortunate reality is that you’re probably right. A case of identity theft occurs every two seconds in the U.S. Fraudsters are relentless, but that […]
What’s worse for my credit scores…missing a payment on a mortgage or on a credit card?
What’s worse for my credit scores…missing a payment on a mortgage or on a credit card? Auto Loans by John Ulzheimer Share Share Email I received the following question over the weekend and it’s a good one so I thought I’d write a little blog around the answer hoping to share the information with others […]