How Long Do Things Stay On Your Credit Report?

How Long Do Things Stay On Your Credit Report?

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...
What Does FICO Stand For? What is a FICO Score?

What Does FICO Stand For? What is a FICO Score?

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...
Who Are the Major Credit Reporting Agencies?

Who Are the Major Credit Reporting Agencies?

Who Are the Major Credit Reporting Agencies? The credit reporting agencies (CRAs), also known as credit bureaus, gather all of your credit information, so it’s wise to be well-informed about their function. Consumer credit history, scores and reports are extremely...
Top Late Payment Secrets Revealed

Top Late Payment Secrets Revealed

Top Late Payment Secrets Revealed Top Late Payment Secrets Revealed. In the complicated world of credit scores there is one fact pretty much everyone assumes is true: Late payments are bad for your credit scores. Negative information like late payments can stay on...
What’s the Difference between Credit Score vs Credit Report?

What’s the Difference between Credit Score vs Credit Report?

What’s the Difference between Credit Score vs Credit Report? Credit Score vs Credit Report. Have you thought about applying for a credit card? Getting a car loan? Renting an apartment? Whether you’re just starting the process or in the middle of it, you’ve probably...
What Is a Soft Credit Check?

What Is a Soft Credit Check?

What Is a Soft Credit Check? With a soft credit check your score won’t suffer. Yes, it’s as easy as that. When someone looks at your credit, either for informational or promotional purposes. Your credit score has a great deal of impact on your life. That’s...
What Is a Hard Inquiry?

What Is a Hard Inquiry?

What Is a Hard Inquiry? Your credit score will drop when a hard inquiries are also known as hard pulls occur.  This happens when a creditor checks your credit for the purpose of giving you a loan or credit card. A soft inquiry, or soft pull, is where you or a company...
Everything You Need to Know to Improve Your Credit History

Everything You Need to Know to Improve Your Credit History

Everything You Need to Know to Improve Your Credit History Improve Your Credit History. Understanding credit is what we do best at Credit.ly. Figuring out how to improve your credit score can feel daunting, mostly because getting those numbers to go up can really be a...
Tips for Improving Your Credit: Your Amount of Debt

Tips for Improving Your Credit: Your Amount of Debt

Tips for Improving Your Credit: Your Amount of Debt A revolving debt is a kind of debt that credit cards typically offer, and it is a pretty simple and straightforward way for a consumer to obtain credit. However, there are some slight complications when you begin to...
Improve Your Credit Score

Improve Your Credit Score

Improve Your Credit Score If you are like most hard working people, you may be struggling to get ahead by trying to be approved for a credit card. You may also be disappointed with the rates lenders are offering you, it’s time to take a detailed look at your credit...
How to Buy a Car With Bad Credit in 2019

How to Buy a Car With Bad Credit in 2019

How to Buy a Car With Bad Credit in 2019 You’re excited about that new car, but your bad credit can put a damper on a lot of things, including loans. But it is possible to How to Buy a Car With Bad Credit. Get a car loan with bad credit in 2019. It’s just going...
How Is My Credit Score Calculated?

How Is My Credit Score Calculated?

How Is My Credit Score Calculated? You can get a free credit score almost instantly from several sources. How do they come up with the credit scores, and how are they calculated? This is the question you should be asking. The basis of any of your credit scores is easy...
What Is a Good Credit Score?

What Is a Good Credit Score?

What Is a Good Credit Score? The answer is 660 or better, according to what the credit bureaus consider to be a “good” credit score. Let’s start by understanding How Credit Scores are Calculated using the FICO® score or VantageScore 3.0 scoring...