It is easy to splurge during the more festive seasons, but it is extremely important that you keep track of your expenses lest your credit score take a hit you’ll have a hard time recovering from. Here are a few practical tips to help keep your score nice and healthy over the holidays:
Category: Credit Score News
Fair Isaac Co., the company that provides some of the most widely used credit scores, has plans to release its products in Spanish and furnish a Spanish website.
Someone stole your laptop and it’s got your bank details on it? Someone lift your wallet that contains checks and Social Security receipts? Someone break into your home and nab all your financial documents?
Statisticians like to come up with explanations for the stranger and truly puzzling things the general populace does. These folks also come up with deceptively simple conclusions that open our eyes to the way we act.
You get access to three credit reports a year thanks to the government, but you really don’t get access to free credit scores unless you pay for them or you enrol in some form of credit monitoring service.
Financial responsibility has to start early on – especially for the next generation that will grow up in weakened economy.
How do you go around getting a better credit score? Two things: good credit habits and a lot of time.
Fair Isaac Corporation (FICO) came up with a new score called the Medication Adherence Scoreto “accurately guess” whether a patient will skip his medicine or not.1
A report from TransUnion shows that credit card companies just issued around one in four new credit card accounts to “consumers with a score below 700“. This seems to run counter to a trend where lenders look for more security from potential borrowers.
Payday loans, evictions and even payments for child support will now be factored into Fair Isaac Corp. (FICO) score courtesy of data provider CoreLogic. Rent, phone and utility payments may also be factored sometime soon.