Make 2020 the year to raise your FICO score. Even 20 points can make a difference in what you pay for many kinds of financing. And raising your score 100 points could save you as much as you’d earn with a second job. Find out here how to quickly achieve a 100 point increase in your FICO score.
Should you pay off collection accounts to raise your credit score? Not always. In fact, paying off a collection the wrong way can cost you money AND harm your score. Here are some helpful links: Sample “pay for delete” letter Read more
What is a fair credit score? Credit reporting agency (CRA) Experien says it includes FICO scores from 580 to 669. What is a poor credit score? Anything under 580 is “poor” or “very poor.” And there are huge benefits to getting out of the poor range and join mainstream consumers. This report will tell you how to raise your credit score from poor to fair.
Using too much of your credit card limit can cause your score to be low. The amount of available credit you’re using, or credit utilization, affects 30% of your FICO score. Fortunately, a personal loan can wipe out your utilization Read more
If you’re behind on your payments, you may not be able to catch up. Even if you pay on time every month, your creditors report you late because you’re behind. This “rolling late” payment can be damaging. Fortunately, your creditors Read more