Credit

January 22, 2021

When you’re ready to start or build your credit, it’s important to understand your credit score. If you understand your credit score, you’ll be able to grow and improve it, maybe even someday achieving a perfect score. When people discuss credit scores, they are often talking about the FICO Score. The FICO Score, created by…

January 22, 2021

What Will Hurt Your Credit Score?

When you are working hard to build your credit score, it’s important to do things that will help your score go up. But it’s equally important to understand what will hurt your score. When you understand what can hurt your credit score, you can change your behavior and take steps to avoid certain actions so…

January 21, 2021

What Are the Benefits of Good Credit?

Equifax, one of the top three credit reporting bureaus, considers credit scores between 670-739 to be good credit scores. FICO is one of the most commonly used credit scoring companies. FICO uses the information from credit bureaus like Equifax to calculate a three-digit credit score that represents your credit. The scores are calculated based on…

January 21, 2021

How Do You Establish Credit?

Establishing credit is important. Using credit over time creates a credit history (hopefully of on-time payments) that businesses use to decide if they will give you credit. Without a credit history, companies may be hesitant to give you credit bec...

January 21, 2021

How Do You Improve Your Credit Score?

There are many things you can do to level up your finances. One area you can focus on that will help across the board is to improve your credit score. Having a good credit score saves you money and gives you more options. It can help you get better...