Over the course of a lifetime, you probably will need to borrow money at least once. Whether it’s to buy a new car, send a kid to college or refurbish your home, you may find yourself a tad confused over what your best options are. A personal line of credit and a personal loan are often referred…
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…
When talking about credit, there have always been a lot of myths surrounding the subject. Not only is there a lot of confusion around how to get a credit report, there is also confusion around how consumers can check their credit score. Let’s take a look at some of the most common myths about credit…
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…
