Category: Credit Monitoring

The What, Why and How of Teaching Children About Credit Reports

A popular viral Facebook post asks parents if schools should teach kids financial literacy. It’s a good question. The fact is that few schools teach kids basic facts about credit — simple things like how to get a credit report, how to improve their credit scores, or even why credit scores matter. It’s also a…

How Credit Monitoring Services Can Help When Purchasing a Home

Purchasing a home is usually the largest financial decision of one’s lifetime. It’s complicated, time-consuming and requires a substantial financial outlay. Of course, an essential part of the homebuying process is obtaining a mortgage. Indeed, much of the decision-making surrounding which home to make an offer on revolves around the monthly payment: how much will…

How Does the Mortgage Process Work?

The vast majority of home buyers purchase their dream home with financing, and that means applying for a mortgage. Don’t believe everything you’ve been warned about, however. The loan application process is more user-friendly, automated and transparent than many property novices are aware. Here are the key steps to address, and tips for getting ahead…

How Different Types of Bank Accounts Affects Your Credit Score

Most people know that opening a new credit card account or applying for a mortgage affects their credit score. But did you know that, while it’s rare and situational, opening and closing other accounts — like checking and savings accounts — can also impact your credit score? Once you know how different types of accounts…