Consumer Credit Scores vs. Lender Credit Scores Credit Reporting Agencies to Be Supervised by Feds What is a Credit Grade? Now You Can Get Your Fico Score in Spanish Credit Agency Glitch Drops Credit Scores

Consumer Credit Scores vs. Lender Credit Scores

If you’ve ever pulled your own credit score, you may have been surprised, whether pleasantly or not, to find out that your score wasn’t the ...

Credit Reporting Agencies to Be Supervised by ...

The Consumer Financial Protection Bureau (CFPB) announced Monday that credit reporting agencies will be supervised at the federal level for the first time in history. ...

What is a Credit Grade?

Over here, we focus on traditional credit scores, which put simply, are a measure of a borrower’s default risk. In short, the lower the credit ...

Now You Can Get Your Fico Score ...

While this may sound overdue, Fico, the creator of the Fico score, has finally gotten around to creating a Spanish version of their website. Yesterday, ...

Credit Agency Glitch Drops Credit Scores

A glitch at credit reporting agency Experian put consumers in a panic after their credit scores plummeted temporarily. Apparently an undisclosed number of users who ...

Latest Posts

Consumer Credit Scores vs. Lender Credit Scores

Consumer Credit Scores vs. Lender Credit Scores
September 25, 2012 No Comments »

If you’ve ever pulled your own credit score, you may have been surprised, whether pleasantly or not, to find out that your score wasn’t the same as what your lender came up with. This is actually a very common scenario, ... Read More »

400 Credit Score: Near the Bottom of the Barrel

400 Credit Score: Near the Bottom of the Barrel
August 21, 2012 No Comments »

It’s been a while since I’ve taken a look at a specific credit score, so I thought I’d shake it up and examine something extreme. Today I’ll dissect the abysmal “400 credit score,” which is so low that it’s not ... Read More »

What Is the Beacon Credit Score?

What Is the Beacon Credit Score?
July 26, 2012 No Comments »

It seems every day there is a new credit score that we should all know about it. But after a while, it all gets pretty overwhelming. Which ones matter most? And why? Should I pay attention to this one or ... Read More »

Credit Reporting Agencies to Be Supervised by Feds

Credit Reporting Agencies to Be Supervised by Feds
July 17, 2012 No Comments »

The Consumer Financial Protection Bureau (CFPB) announced Monday that credit reporting agencies will be supervised at the federal level for the first time in history. The CFPB estimates that there are roughly 400 consumer credit reporting agencies in existence, but ... Read More »

Does Applying for a Credit Card Hurt Your Credit?

Does Applying for a Credit Card Hurt Your Credit?
July 2, 2012 No Comments »

This is a question I get a lot, and for good reason. This scenario takes place all the time, so individuals are constantly worried about the impact. It’s further compounded by the fact that you need a certain credit score ... Read More »

How Cell Phone and Utility Companies Use Credit Scores

How Cell Phone and Utility Companies Use Credit Scores
May 15, 2012 No Comments »

While most everyone knows that credit card issuers and banks use credit scores to determine whether or not to lend to us, there are some lesser-known uses for credit scores as well. For example, you may have heard that employers ... Read More »

550 Credit Score: Bad No Matter How You Look At It

550 Credit Score: Bad No Matter How You Look At It
April 26, 2012 No Comments »

It has been over a month since we’ve looked at a particular credit score to determine whether it’s good news, bad news, or not even newsworthy. That said, let’s look at a “550 credit score,” which at first glance doesn’t ... Read More »

Fica Scores and Fako Scores: Huh?

Fica Scores and Fako Scores: Huh?
April 19, 2012 No Comments »

If you’ve ever done a search for “credit scores” online, you’ve likely come across a lot of funny terms. This is largely because credit scoring is shrouded in secrecy, so there’s a lot of misinformation out there. Unfortunately, this has ... Read More »

What Is the Equifax Credit Score?

What Is the Equifax Credit Score?
April 16, 2012 No Comments »

Credit score Q&A: “What is the Equifax credit score?” I’ve mentioned time and time again that there are a great number of credit scoring models out there used by lenders to determine our creditworthiness. And so that explains why you ... Read More »

660 Credit Score: Definitely Below Average

660 Credit Score: Definitely Below Average
March 21, 2012 No Comments »

It’s that time again, when we take a hard look at a specific credit score to determine where it lies on the ever important credit score scale. After all, simply knowing your credit score isn’t enough these days. You need ... Read More »