13 Credit Cards Offering Free FICO Credit Scores

It’s easy to get your credit report for free; in fact, you can get all three copies from each credit bureau for no charge every year. Unfortunately, while your credit report contains all the financial information contributing to your credit score, it doesn’t include the credit score itself. Several websites, like Credit Karma and Credit…

How Long Does It Take to Rebuild Credit?

If you’re trying to rebound from a major financial nosedive, it may seem like you’ll never get your credit score back on track. Maybe you’re overwhelmed by credit card debt, or you lost your job and got behind on all kinds of bills. No matter what has happened in your past, there is always something…

How to Rent an Apartment with Bad Credit

Having bad credit can come back to haunt you in inconvenient ways. Getting denied for a credit card and receiving loan offers with sky high interest rates are just a few of the unfortunate consequences of a low credit score. But even more alarming is that more and more landlords are performing credit checks before…

How Does Closing a Credit Card Affect Your Credit Score?

Increasing your credit score can seem like a complicated process. After all, it’s created by an intricate algorithm that weighs each and every item on your credit report in a variety of different ways. Because many blogs and financial extremists tout all credit cards as bad, you might be tempted to close all of your…

How Student Loans Affect Your Credit

For many Americans, it’s difficult to escape college without accumulating some degree of student loan debt. In fact, the average debt for a Class of 2015 graduate exceeded $35,000. Not only does your student loan payment affect how much money you have leftover from your paycheck each month, it also takes a toll on your…

What Is a Credit Privacy Number (CPN)?

Credit privacy numbers (CPNs) are touted by some credit repair companies as being a helpful way to disassociate yourself from your bad credit history and start fresh. Rather than using your Social Security number as your identifier for loan and credit card applications, you can supposedly use a nine-digit CPN to get approved. The only…

How to Settle Your Debts with Collection Agencies

When you have a longstanding, overdue debt with a creditor, whether it’s an unpaid credit card balance, medical bills, or anything else, at a certain point the account will likely be handed over to a collection agency. You usually receive a notice in the mail that the debt is changing hands, but if you’re unsure…

How to Calculate Debt to Income Ratio

Your debt to income ratio is a crucial figure, especially when you apply for a mortgage, home equity loan, or another large personal loan. By understanding what it is and what your target number should be, you can use your debt to income ratio to help get qualified for some of the best loans available.…

What Is a Rapid Rescore?

Buying a home is probably the largest purchase you’ll likely make in your lifetime. So it comes as no surprise that the entire process can be a stressful situation; after all, how often do you make a six-figure purchase? Between negotiations with the homeowner and a complex loan underwriting process, there are countless opportunities for…

How to Pay Down Debts to Improve Your Credit Score

It’s no secret that excessive debt often contributes to lower credit scores. If you are working to improve your credit scores you might have several debts that are in repayment, whether they be credit cards or personal loans. But how can you know which debts to pay off first, or if you should pay at…