The aftermath of this change could be felt in the banking industry, the real estate market and it could even force interest rates higher. And that's just for starters.
You're probably expecting to shell out major bucks for tuition, room and board and a million other necessities over the next few years. But before you send your kid off, make sure you share one gift likely to steer him or her along the road to financial security -- a sound understanding of how credit works.
There's been numerous news headlines and talk in the personal finance realm recently about the new FICO scoring system and I've been getting lots of q...
If you are looking to buy a car, rent an apartment or take out a loan, you need to make sure that your credit score is at it's best. While it takes seven years for most derogatory items on your credit report to be removed, there are a few things you can do to raise your credit score sooner.
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.
Deciphering your credit score can be difficult, especially if you don't know all the ways you can be hurting it. Your credit is not only attached to your credit card use, but with many everyday financial activities.
Have you ever thought of how an excellent credit score may impact your life? It's no secret that there are a number of benefits to having a high score. Simply put, it can affect many of your current and future financial decisions. Here are a few things that excellent credit scores can do for you.
Did you know that there are dozens of specialty consumer reporting agencies that track your history for activities that may not appear on your regular credit reports -- things like bounced checks, late utility payments, insurance claims and prescription orders?
Sure, this may initially come off as traditionally unromantic and personal, but you must accept the society in which we live today. Online dating sites and apps such as Tinder continuously unromantically increase their market share of the most eligible bachelors and bachelorettes.
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.
In 2014, most experts agree that we've already escaped the worst of the recent economic trouble. As the economy slowly recovers, and rough patches like joblessness and underwater mortgages become less common, the imperative to protect your credit still remains
A poor credit score can hurt your chances of success, whether you're looking for private student loans or shopping for your next set of wheels. But if your credit score is already in the 600's or below, there's good news: you can fix bad credit.
Divorce can be a painful experience to live through. Don't make it worse by not protecting your own financial interests.
The American Dream of owning your own home is becoming more distant for many millennials. From 2006 to 2011, consumers between the ages of 25 and 34 experienced the largest decline in homeownership of any age group, according to Census Bureau data.
Living without credit is possible. Is it advisable though? Is it accomplishable without frustrating limitations? Those are different questions.
When it comes to your financial health, your credit score is one of those things that'll just keep seeking you out. It's tempting to think that your credit score or credit health will only come into play when you're looking for a mortgage or a new credit card. The truth is that your credit information can be checked far more often than you might think.