Category: Credit Monitoring

Pros and Cons of Credit Monitoring Services

It’s very easy to get confused about whether or not credit monitoring is something that you should invest in. With the amount of credit monitoring services available in the marketplace, it can be even more confusing when trying to understand which service you should choose. In this article, we’ll outline some of the many various…

How Often Is Your Credit Score Updated?

For those working on improving their credit, seeing changes is important. But, how often is a credit score updated and when should you expect to actually see that number budge? As a general rule, expect to see changes within 30 to 45 days; however, when new information is received, credit bureaus recalculate your score immediately….

FICO vs. VantageScore: A Look at the Different Types of Credit Scores

The US is dominated by two credit scoring companies — FICO and VantageScore. The latter was created in 2006 by Experian, Equifax and TransUnion, the three major credit reporting bureaus. FICO, created by the analytics firm Fair Isaac Corporation, has been the standard for measuring credit risk in the country since 1989. But in the…