Credit Card Fraud: What You Need to Know
Credit Card Fraud is on the rise. The typical situation of having your credit card number hacked or stolen happens to the best of us, and through no fault of our own. Let’s start with the bad news: Debit and credit card fraud is a persistent problem worldwide. According to the 2016 Consumer Card Fraud […]
4 Tips for Better Internet Safety
We love online shopping, it’s easy, convenient, and safe – so we think. Amazon, Paypal, and online banking are how people use the internet for, well, just about everything we do in life. After all, it is pretty convenient to just sit at a computer or pull out your phone, type a few words and […]
What Happens to Your Credit When You Get Married?
Credit is the last thing on your mind as you get ready for marriage. Love is in the air, but what happens to your credit reports and credit scores when you get married? There are all kinds of common misconceptions about merging reports and falling credit scores. Luckily, many of these myths aren’t true. Here are the five most […]
How Secured Cards Can Help You Build Credit
How Secured Cards Can Help You Build Credit. Hey Creditly – Why Should I Choose A Secured Credit Card? Great question, let’s begin with an explanation. What is a secured credit card? A secured credit card is a fantastic tool for building credit. Whether you have no credit or you’re looking to rebuild your credit […]
How Long Do Things Stay On Your Credit Report?
Credit takes on a life of it’s own. In many ways, a credit report is a lot like a living thing: It grows and strengthens over time, and when something bad happens, it will eventually heal. The duration of that healing process depends on the severity of the damage. We’ll get into the uncomfortable nitty-gritty in a […]
What Is a VantageScore & Do I Have One?
FICO has a little competition. Introducing VantageScore. VantageScore is a credit scoring model that first emerged in 2006 as a joint venture of the major credit bureaus—Experian, Equifax and TransUnion. VantageScore ratings range from 350 to 800. VantageScore4.0, released in 2017, is the most recent version of the scoring model and contains several updates over VantageScore3.0. For example, medical accounts in collections are no […]
What Does FICO Stand For? What is a FICO Score?
Have you heard of the word “FICO”? This funny-sounding word is more important than you think when it comes to your Credit Score. The FICO credit score is a credit score developed by FICO. A company that specializes in what’s known as “predictive analytics,” which means they take information and analyze it to predict what’s […]
Signs your identity has been stolen
We spend more time online than ever before. From Amazon to Netflix, Facebook and More. More and more of our lives are moving online, which means the chances of having your identity stolen increases. With all of the information out there, how do you even know if your ID has been compromised in the first […]
What Is Credit & Why Is it So Important?
What Is Credit? How it Impacts Your Life Credit – It can be confusing. Creditly can help clear up your questions. Perhaps one of the most misunderstood and often frustrating things about the consumer credit industry is how your history affects so many aspects of your life. Some things have nothing to do with credit […]
