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Credit Reports

Big Changes Coming To Your Credit Reports: What You Need To Know | Posted 03.18.2015 | Money

Your credit reports are going through a major overhaul, and it's one that will help consumers. These credit bureau changes will take time to implement, but it's a nice change to go with the revamped FICO scores we saw last year.

Are You Your Own Worst Enemy When It Comes to Identity Theft?

Adam Levin | Posted 02.12.2015 | Technology
Adam Levin

In each of these instances, we leave ourselves vulnerable to those who consider the theft of our identity as their day job. We are also contributing our personal data to folks who are hoping to someday launch the equivalent of a denial of service attack on our economy to take us down.

White House Gets It Wrong, Credit Scores Poor Tool for Detecting Identity Theft | Posted 03.16.2015 | Money

On January 12th the White House issued a press release commending the banks and credit unions that are giving away free FICO and VantageScore credit scores to their customers.

Planning a Home Remodel That Actually Pays Off

Jason Alderman | Posted 03.07.2015 | Money
Jason Alderman

Winter is a good time for considering home repairs and improvements so you and your checkbook will be ready for the spring thaw. It's also a good time for prospective home buyers to prioritize what features are must-haves when purchasing, and which can wait for potential remodel down the road.

Credit Decisions Gone Wrong: Real-Life Examples of What NOT to Do With Your Credit | Posted 01.07.2015 | Money

Over the past few years I've been compiling a list of real-life scenarios where people have played a metaphorical game of Russian roulette with their credit -- and lost. Here are two real-life examples of credit decisions gone wrong, and how their bad decisions lowered their credit scores.

How Long Does Negative Information Remain on My Credit Reports? | Posted 12.29.2014 | Money

There is absolutely nothing that can legally restart the seven-year clock of credit reporting once it has already begun including, but not limited to, making a payment, settling an account or disputing an account.

Do You Need ID Theft Insurance or Credit Monitoring?

Jason Alderman | Posted 12.29.2014 | Money
Jason Alderman

Do you want to monitor your own credit (which is free but time-consuming) or hand off the task to a third party and pay hundreds of dollars? Either way, make sure it gets done.

5 Greatest Credit Horrors This Halloween

Jeanne Kelly | Posted 12.23.2014 | Business
Jeanne Kelly

Gift your family with a Happy Halloween this year by keeping these five horrors from haunting you this season and in the season lurking just beyond October 31st. Ooops, I couldn't resist!

What Are the Rules for Employers Checking Your Credit?

Miranda Marquit | Posted 12.06.2014 | Money
Miranda Marquit

It seems that no matter what you want to do these days, someone wants a peek at your credit history. Not only do lenders and insurers want to see what you are up to, but even some employers look at your credit report as part of a background check.

How to Keep Your Child's Identity Safe

Credit Karma | Posted 11.04.2014 | Money
Credit Karma

While a slew of data breaches have recently impacted adults, kids are actually targeted roughly 35 times more often than adults and have become the fastest growing population of identity theft victims.

How to Handle Common Credit Report Errors

Credit Karma | Posted 10.29.2014 | Money
Credit Karma

Last year the Federal Trade Commission found that one in four consumers had errors on their credit reports that could affect their scores.

Credit Check: What's Your Credit Score? | Posted 10.19.2014 | Money

Your credit score impacts a lot in your life, from buying a car to buying a house and even, sometimes, to getting a job. (Believe it or not, some employers check your credit report.) You owe it to yourself to know exactly what your credit score is, and how you can go about making it better.

5 Common Credit Myths

Credit Karma | Posted 10.04.2014 | Money
Credit Karma

I didn't know credit scores existed growing up. I didn't even open a credit card until the middle of my college years. When a friend opened her first card sophomore year of high school (at her grandmother's behest), I scoffed and laughed.

Happy Credit

Jeanne Kelly | Posted 07.25.2014 | Money
Jeanne Kelly

I'm sure that like many people, the thought of looking at your credit may be a scary one but according to Happy Coach Keryl Pesce, "a funny thing happ...

Spring is In The Air, Time to Declutter Your Credit!

Jeanne Kelly | Posted 06.01.2014 | Business
Jeanne Kelly

Spring is such a wonderful time of year! The weather warms up, flowers start to bloom, and farmers markets are suddenly everywhere. All these pleasant...

The 4-Letter Word That Can Ruin Your Credit

Adam Levin | Posted 04.29.2014 | Money
Adam Levin

While access to credit enables us to carry these kinds of debts, they hurt our ability to gain more access to credit - so the big-screen television you buy today could well be the one thing that prevents you from getting a mortgage on the perfect house next year.

5 Seemingly Harmless Things That Can Hurt Your Credit | Posted 11.19.2013 | Business

"Mom," my daughter said as she stood by my desk recently waiting for one of her homework assignments to print from my computer, "Did you pay this bill? It was due Oct. 4." She asked me this on Oct. 14. And no, I hadn't paid it.

4 Goal Setting Tricks When You're Working on Your Credit

Jeanne Kelly | Posted 11.05.2013 | Business
Jeanne Kelly

Keep the real reason in mind. What's the real reason you want to work on your credit? No, it's not so you can get a good credit score. That's a good reason and an important one but it's not the REAL reason.

4 Surprising Reasons to Have Good Credit

Jeanne Kelly | Posted 10.30.2013 | Business
Jeanne Kelly

True. Good credit scores can help you qualify for money when you need it. That's a great reason and probably the best known of them all. But there are other reasons that you should seriously work on your good credit and some of these might surprise you.

3 Blunders People Make Trying to Improve Credit Scores

Neal Frankle | Posted 11.06.2013 | Business
Neal Frankle

Of course it's important to do what you can to bump up your credit score. But many people use the wrong tools towards that objective even though they have the right motivation. And when they do, they actually worsen their credit rating rather than improve it.

Avoid These 4 Credit Mistakes That Many New Graduates Make

Jeanne Kelly | Posted 06.06.2013 | Business
Jeanne Kelly

The credit habits and history you develop now can help you -- or they can hinder you -- for the rest of your life. Learn from these lessons and start this stage of your life on the best foundation!

Does Rate Shopping Hurt Your Credit? An Interview With the Experts (Part 2)

Jeanne Kelly | Posted 05.04.2013 | Business
Jeanne Kelly

Consumers face a "catch-22" situation when it comes to loans. On the one hand, it's important to shop around to get the lowest interest rate you can. On the other hand, there's the perception out there that shopping around for loans too much will hurt your credit.

Does Rate Shopping Hurt Your Credit? An Interview With the Experts (Part 1)

Jeanne Kelly | Posted 04.23.2013 | Business
Jeanne Kelly

It makes sense to shop around for the lowest possible interest rate you can qualify for. However, consumers are also aware that inquiring too many times on a loan can have a negative impact on your credit scores (ultimately increasing the interest rate that you pay!)

Quarterly Check-up: The Fast, Easy Way to Better Credit

Jeanne Kelly | Posted 03.26.2013 | Business
Jeanne Kelly

Like your car or your body, your credit is something that needs a regular review so that it keeps getting healthier and doesn't "deteriorate" on you.

Romance and Credit Scores... Can the Two Co-Exist?

Jeanne Kelly | Posted 03.05.2013 | Business
Jeanne Kelly

Credit scores are based on how someone has historically handled credit. So although they won't be a perfect indicator of whether your new partner will be a good partner, a credit score can hint at their ability to manage responsibility, and whether they have habits that can hinder the relationship.