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…
Getting your first credit card can feel like an exciting step, as well as a good way to acquire things that might otherwise have been beyond your budget. In fact, almost 47% of Americans have at least one credit card. Once you’ve figured out how to get your first credit card, you’ll want to make sure…
Your credit score is essential in your day to day financial transactions. Keeping your credit score intact is vital for your financial success. Even if you have a good score, it is essential to maintain or increase it. One way to help that process is to enroll in a credit monitoring service, which will help…
It’s evident that many people are going through financial hardships as cases continue to rise during these unprecedented times. Due to the rising cases, many aspects of our daily lives continue to be online whether it’s working, having a meeting or ordering items for our homes. With credit card transactions happening so often, it is…
With all that is happening in the world right now, financial stresses are an area of concern. In the current climate, there are financial stresses. With the right score, you can save thousands of dollars in interest. Whether you are looking to increase your score significantly or just by 10-20 points, there is a methodology…
