A credit score is typically considered an all-important measure of financial health, but does everyone have one? The truth is, some people do not. Read on to learn why you may not have a credit score yet, and how to go about getting one. Image via Flickr/CafeCredit.com Continue to original source....

How much do you know about what’s in your credit report? Many people may be aware of their score, but their are components that affect your score. When you decide to take a look at your credit report summary, here are 5 things you can expect: Your payment history: This shows you any positive or [&...

Believe it or not, credit history has a huge impact on your overall credit score. It comes in third place right after payment history and amount owed. As you can see, if you want to keep your credit score, you can’t ignore this important factor. Here’s how you can score high in this very importa...

The amount of time you’ve had credit makes a difference in your credit score. In fact, after payment history and amounts owed, length of credit history is the most influential part of your FICO score. Length of credit history means… Age of your oldest credit account Age of your newest credit acc...

There are several things that can hurt your credit score. Unpaid collection accounts, past due accounts, and short credit history are some of the few. But there are some things that people think will damage their credit score, but won’t. Here are three total myths people erroneously think will dam...

Ever wonder how your credit score is calculated? Although many companies are can gather your credit history and produce your credit score, there one major kind of credit score most lenders refer and that’s your FICO score. FICO scores range anywhere between 300 – which is really poor and 850...

Ever wonder how your credit score is calculated? Although many companies are can gather your credit history and produce your credit score, there one major kind of credit score most lenders refer and that’s your FICO score. FICO scores range anywhere between 300 – which is really poor and 850...

Though they may be too young to have a credit score, parents should be proactive about checking their child’s credit report. Kids can easily become victims of identity theft and if not monitored, the scam against them can go on for years before anyone ever notices it. One red flag to look out for ...

Building good credit when you’re just starting out doesn’t have to be a worry. All you need is a little patience along with some good strategies and before you know it, your credit history will be strong. So far in parts one and two, we covered the advantages of getting a cosigner, becoming an a...

In part one of “How to Build Credit When You’re Just Starting Out”, you could see how getting a cosigner or becoming an authorized user will help you to establish favorable credit history.  In part two, you’ll see how techniques such as diversifying debt will help to really improve your cre...