Credit Score Tips

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 »

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 »

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, such as “Fica score” or “Fako score,” to name just two. This is largely because credit scoring is shrouded in secrecy, ... 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 »

Are Credit Scores and Fico Scores the Same?

Are Credit Scores and Fico Scores the Same?
March 6, 2012 No Comments »

Credit score Q&A: “Are credit scores and Fico scores the same?” This is a pretty common question, and one that creates quite a bit of confusion because Fico scores are so very popular. You could almost blame Fico for causing ... Read More »

What is a Credit Check?

What is a Credit Check?
February 14, 2012 No Comments »

Credit score Q&A: “What is a credit check?” These days, it’s pretty common to hear the phrase “credit check,” or for that matter, “no credit check.” Heck, if you drive down the street you’ll probably pass a business that mentions ... Read More »

Student Loans and Your Credit Score

Student Loans and Your Credit Score
January 18, 2012 No Comments »

Sadly, a lot of students don’t know the first thing about their credit score(s), despite their great importance. While it’s typically fairly easy to get a student loan, even if your credit history is sparse, it’s important to note the ... Read More »

What Bills Affect My Credit Score?

What Bills Affect My Credit Score?
November 3, 2011 No Comments »

Put simply, any bill that shows up on your credit report can affect your credit score in a positive or negative way. The key to knowing which bills affect your credit score is to get your hands on a credit ... Read More »

What Credit Score Is Used the Most?

What Credit Score Is Used the Most?
October 10, 2011 No Comments »

Hand downs and without question, Fico scores are used the most frequently when banks and lenders decide whether to extend new credit to consumers. So when you apply for a credit card, an auto loan, or a mortgage, there’s a ... Read More »