Improving credit scores has never been more important, but there is one reason why some people simply do not improve theirs: They have the misguided notion that it will be too difficult and take too long to make the positive changes necessary.
Physical attraction, intelligence and a good sense of humor are all still high on the list in dating. But more people are actively looking for signs of financial responsibility and compatibility before deciding to pursue relationships.
Despite our best intentions, we occasionally forget to pay a bill or let cash rewards expire -- even the savviest consumers mess up once in a while. But little money mistakes can have a big impact on finances. Don't let your cash go to waste.
There's a lot that the basics don't cover, and questions that you might be embarrassed to ask, like how to start rebuilding your credit after a bankruptcy. We cover 10 of the top I'm-too-chagrined-to-ask questions.
How much does a single late payment affect your credit scores? Of course, as with so many things related to credit scores, the answer is, "It depends." But the irony is, the better your credit, the more you may feel the sting.
Maybe you'll someday need to borrow money to send your kids to college. All of those things take credit, and a good credit score can help you borrow more money for a longer period of time with a lower rate.
In all, 56 percent of people said they want to build their score but don't know how to do it. In fact, the majority also said that they hadn't taken the time to order a copy of their credit report or credit score at any point in the past 12 months.