At some point in the past, you have likely received an offer in the mail for a new credit card that says you’ve been “pre-qualified”. Did you wonder to yourself how they might have come across your credit information and whether or not your credit score has been effected because they did a credit check on [...]
Finding a credit card that offers low interest rates, rewards, zero maintenance fees is good thing especially when you use it responsibly. You can establish valuable credit history and it can provide you with purchase protection. All of these are good things, but, there are likely features that these credit cards will offer that you [...]
You may know someone who appears to be doing everything correctly from a financial perspective, but they still can’t qualify for a mortgage. It might be because that person does not use credit, or only has one of two credit accounts, or maybe it is because they are new to credit and have not had [...]
So you have finally realized that you need to a little homework around understanding what your credit score is all about? Well, I am going to try and make it as easy to understand as possible. So what first? Let’s talk about a little history. The credit scoring system became prevalent during the 1960′s as [...]
Why does your credit score matter so much? Well, it’s what almost every company in your life uses to determine whether you are a credible, trustworthy borrowing candidate. From your prospective employers to your prospective landlords, most companies will check your credit report in order to assess you. However, if they only have access to [...]
