Credit Scores

Consumer Behavior Reports: More than Just the Three Major Bureaus

by Miranda Marquit February 17, 2012

There is no doubt that your credit history is an important part of your financial life. It’s fairly common for consumers to understand that the three major credit bureaus — Equifax, TransUnion, and Experian — offer insight into how others view them. You can get a free credit report from each of these bureaus every […]

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How Much Does a New Mortgage Affect Your Credit Score?

by Ryan Guina January 5, 2012

My wife and I bought a house last April, and while we were going through the house buying process, I was curious about the role my credit score would play in getting the mortgage and how it would be affected once we got the mortgage. Of course, I know you need a good credit score […]

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Improve Your Credit Score without Using Credit Cards

by Miranda Marquit January 4, 2012

It’s true that the fastest way to build credit is to use a credit card. However, many people prefer not to use credit cards. Even if you don’t want to use credit cards, though, your Fico credit score is important. Mortgages and car loans require that you have good credit if you want the best […]

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Paying Off Your Good Debt Early—Savvy Strategy or Money Mistake?

by Emily Guy Birken December 21, 2011

I hate debt. It’s really that simple for me. I am uncomfortable with the idea of owing money, and so I generally avoid debt as much as possible, and I work to pay off any debt I have as quickly as possible. As of right now, the only debt I carry is my student loan […]

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VantageScore Credit Score

by Ryan Guina December 6, 2011

Consumers understand that the difference between being approved or denied for credit is often based on the magic three numbers that make up their credit score. What some consumers may not know is the fact that there is more than one credit score available for lenders to review. Most people are familiar with the FICO […]

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5 Debt Traps to Avoid — At All Costs

by Miranda Marquit October 14, 2011

Debt is often compared to a prison. And, truly, debt can be a financial prison. Consider: When you are in debt, you are in a cycle of paying interest to someone else. This is money that is not used for your good, but rather goes straight into someone else’s pocket. And, because of the nature […]

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Can Authorized Users on Credit Cards Build Credit?

by Laura Adams October 12, 2011

A common question I get from Money Girl podcast listeners is about managing credit. Lately, it seems like many people are ready to pull the trigger on buying a home, but they’re getting rejected for a mortgage because their credit is too low. Or their credit score is preventing them from getting approved for a […]

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