• What is a Credit Grade?

    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 score, the higher the chances of default. And vice versa. While this may seem relatively simple, the clandestine nature of credit scores has left many consumers in the dark about […]

  • 680 Credit Score: For Fico, It’s Not So Bad

    680 Credit Score: For Fico, It’s Not So Bad

    680 Credit Score Might Be Decent Let’s take a look at another pretty common credit score, the “680 credit score.” Before we dive in and dissect this lovely three-digit number, we need to know the proper scoring scale. There is more than one type of credit score out there folks, so it’s important to be […]

  • Are Credit Scores and Fico Scores the Same?

    Are Credit Scores and Fico Scores the Same?

    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 this “problem,” given the fact that they’ve pushed their proprietary credit scoring system as the […]

  • 730 Credit Score: You’re In Pretty Good Shape

    730 Credit Score: You’re In Pretty Good Shape

    Your 730 Credit Score Let’s examine another specific credit score. Today we will dissect a “730 credit score” to determine if it’s good, bad, or just plain ugly. As always, you need to use the appropriate credit score scale to ensure you’re assessing things correctly. We’ll start with the more en vogue Fico score, which […]

  • What is a Credit Check?

    What is a Credit Check?

    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 something about a credit check. If you happen to go by a car dealership, you […]

  • 780 Credit Score: Now We’re Talking

    780 Credit Score: Now We’re Talking

    You Might Have Great Credit It’s our inaugural specific credit score post of 2012! Hooray! Today we’ll examine a “780 credit score.” As always, we need to use the correct scoring algorithm and corresponding credit score scale to ensure we’re talking about the same thing when evaluating the score. We’ll start with the much more […]

  • Now You Can Get Your Fico Score in Spanish

    Now You Can Get Your Fico Score in Spanish

    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, they launched “myFICO en Español,” the first Spanish-language website where consumers can get everything related to their credit reports and credit scores in their native tongue. The website will allow […]

  • Student Loans and Your Credit Score

    Student Loans and Your Credit Score

    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 impact one can have on your credit scores going forward. Put simply, any loan you […]

  • Are Your Credit Scores Sinking?  Here’s What You Should Do.

    Are Your Credit Scores Sinking? Here’s What You Should Do.

    If you constantly monitor your credit scores, or happened to pull your credit scores twice or more within a small period of time, you may have noticed that they seem to be “sinking.” While they may not be plummeting, they’re still not heading in the right direction, which we all know is up. So what […]

  • What Bills Affect My Credit Score?

    What Bills Affect My Credit Score?

    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 report. Once you’ve got your credit report in hand, you can see exactly what is […]