How to Check Your Credit Score
As we’ve been in the financial industry for over 50 years, one of the most common questions we get is how to check my credit score. Your credit score is a three-digit number that shows lenders, landlords, and employers your financial responsibility. It’s an important factor in obtaining loans, housing, and jobs. Fortunately, it’s easy […]
The Difference Between FICO and Credit Scores
Credit scores are unique-to-you numbers based on your credit history and financial activities over time. Your score is generated from credit report data and used by third parties to assess your creditworthiness as a borrower. FICO score is among the most widely used credit scoring models. But is FICO score and credit score the same? […]
Soft vs. Hard Credit Inquiries & How They Affect Credit Score
Credit inquiries occur when someone runs your credit information to gauge your spending and credit utilization habits. These types of credit checks play a crucial role in making financial decisions because the results can impact your ability to make purchases. There are two main types of credit inquiries: a hard credit check and a soft […]
The Truth About Property Repossession and Your Credit Score
Property repossession can be a very overwhelming and confusing ordeal. It can leave a person feeling vulnerable and helpless. It can also leave you wondering if your credit score can ever recover. Keep reading to see what you can expect to happen to your credit score if you’re facing property repossession. What Exactly Is Property […]
How to Best Pay off Debts to Increase Your Credit Score
Does a low credit score have you worried about the future? The good news is that your credit score doesn’t have to stay in a bad place forever. However, you will need to do some work and be willing to be patient if you want to get it to a good place. Being smart about […]
The Five Categories That Shape Your Credit
There’s a lot of mystery surrounding what goes into a credit score. We are often left wondering if financial blunders from our past could limit our opportunities today and in the future. There are plenty of misconceptions out there when it comes to what does and doesn’t hurt your credit score. For instance, your account […]
