Tag: Credit
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Why are my credit scores different?
What You Need to Know About Credit Scores Credit scores are three-digit numbers that lenders use to assess your creditworthiness. They range from 300 to 850, with a higher score indicating better credit. There are many different credit-scoring models, including FICO and VantageScore. Each model uses a slightly different formula…
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How to Improve Your Credit Score: The ’15/3′ Credit Card Hack Doesn’t Work, Here’s What Does
In your pursuit of improving your credit score in 2023, the “15/3” credit card hack may not be the effective solution it’s touted to be. Numerous videos across different social media platforms have gained popularity, claiming that splitting your credit card payment into two parts can swiftly boost your credit…
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Americans owe nearly $1 trillion in credit card debt – What does this mean for you?
The outstanding credit card debt held by Americans is nearing a significant milestone, almost reaching $1 trillion, as stated in the most recent data from the Federal Reserve Bank. Rising inflation rates, reaching levels not seen in nearly 40 years, have led many consumers to rely on credit cards to…
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The Truth About Your Credit Score
You’ve been playing the game for years now. You’ve had it for so long, it’s almost like a buddy. You live and breathe those three life-altering digits. That’s right—we’re talking about your credit score. And it’s time to start thinking about it in a whole new light. But what is…