At a Glance: Phone companies consider a credit score below 600 as “bad” credit, although specific criteria may vary. For example, Sprint considers a credit score of 700 and above as “excellent” and anything below 550 as “fair.” AT&T may require a deposit for c…
Deciding to embark on the journey of improving your credit score is great! You’ve made a responsible decision to better your financial future. However, simply making the decision won’t get you there. Hard work and focus will be required. You also can’t just expect to see results ov…
So you went and got yourself a credit card. For every person, this is something normal. If you want to build credit, you need to learn how to handle credit. It is a great financial tool and if it’s used correctly, it might even improve your credit. With that in mind, it’s understandable that you’d […
People who have a credit history receive their credit scores from credit bureaus at a certain point. But when you see the numbers, you might have different scores on the credit reports. There are several causes for this, but what should you do if your credit reports show different scores? Let’s find…
At a Glance: An 800 credit score is considered exceptional and offers several benefits. It increases the likelihood of loan approval and enables access to lower interest rates. With an 800 score, better credit card offers, including promotional rates, become available. Achieving an 800 credit score …
Credit scores are a necessary evil in life, as they keep you in check with your banking habits. When you are fair on your payments, your bank sees it as a good thing – which adds points to your credit score. However, when you aren’t, the bank takes those points, resulting in a low credit […]
At a Glance: Credit scores update as soon as credit bureaus receive new information from creditors, which influences the credit report. The frequency of updates depends on when lenders report information, typically every 30 to 45 days. Checking your credit score regularly helps you monitor your cred…
It’s no secret having a good credit score has many advantages. You get better deals on loans, your insurance is often cheaper, and it could even help you secure your dream apartment! But exactly what is credit and how is it built? If you are new to the credit game, you can take a look [&…
Having a bad credit score can be very detrimental to anyone who is looking to obtain a loan or trying to get certain jobs. Given that only last year 53% of Americans were turned down because of their bad credit, people nowadays are on the run for improving their scores so they could enjoy the [&hell…
Credit scores keep changing all the time. Today you’ll see a score, and tomorrow a different one. But sometimes, your credit score can drop suddenly within a matter of days. If you’re one of them and have no idea why that happened, then this article is for you. Here, we will explain a few factors [&…