Building Credit
Latest in Building Credit
How to Establish Credit with a Credit Buil...
How to Fix a Bad Credit Score
How to Get Your First Credit Card
How to Get a Car Loan
What’s The Highest Credit Score You Can Ac...
All Articles about Building Credit
Bad Credit Scores And How To Fix ‘Em
Your credit score is a trustworthiness rating, based on your credit report. It falls somewhere between 300 and 850 and is calculated by a credit scoring model (FICO and VantageScore are the most well-known). Equifax—one of the three...
How to Establish Credit with a Credit Builder Loan
Getting loans, credit cards and other types of credit can be difficult for borrowers without a good credit history, queue, a credit builder loan. Trying to get approved for credit can be a sort of Catch-22: Creditors want proof that...
How to Fix a Bad Credit Score
After your birthday, Social Security number, and cell phone number, your credit score is the most important number in your life. Your credit score, known in the financial services industry as a Fico Score, is a snapshot of your fina...
How to Get Your First Credit Card
When you get your first credit card, one of two things can happen: You could keep your new credit card’s balance paid down and make on-time payments month after month to build credit. Or you can spend up to the credit limit and then...
How to Get a Car Loan
If you’re in the market to buy a vehicle, a car loan is one option for financing your purchase. Here, we’ll cover the steps you need to take for a successful application and what you need to know about your credit score when applyin...
What’s The Highest Credit Score You Can Actually Get?
The highest credit score you can have is an 850 in a 300 to 850 credit score scale for both FICO 8 and Vantage 3.0. Although most Americans in 2020 had a 711 FICO score, according to Experian. The fact is, few achieve this financi...
How to Build Credit as a College Student
Knowing how to build credit as a college student is one of the best financial moves you can make. Having good credit allows them to qualify for loans, rental applications, auto insurance, phone plans and can help them get a job. Imp...
Does Being an Authorized User Help Your Credit Score?
I have been receiving a lot of emails from folks asking how authorizing another person (usually a friend or relative) on their credit card will affect both party’s credit score. Back in the day, becoming an authorized user on ...
How To Build Credit When You Have None
You can find a lot of bad information online about how to build credit history when you’ve never used any credit before. I’d like to tell you the best ways to start building credit. Building credit the right way takes a ...
How to Write a Bankruptcy Explanation Letter
More than three-quarters of a million people file for bankruptcy each year in the US. And since bankruptcy can stay on your credit report for up to 10 years, that means there are at least 7.5 million people showing one each time the...