Category: Credit Score

Which Type of Credit Score Is Most Used for Auto Loans?

When shopping for a car, most consumers are well aware that the car dealership will check their credit before moving ahead with a sale. Simply put, the better one’s credit, the lower the rate, and the more choices that person has in vehicles and corresponding loan terms.  A higher credit score can mean a lower…

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….