Mar 29
By now, you may have heard at least one advertisement that’s for a free annual credit report. There are only a few minor technical problems with these come-ons. Little things, such as requiring you to subscribe to their service, which ends up not being free at all– even if the credit report they use as …
Mar 29
The Credit Score Range was established by the American analytics company Fair Isaac Corporation (FICO) in 1958. A person’s credit score is a number based on his creditworthiness, i.e., his ability (or inability) to pay off his debts. Previous loans, credit cards and insurance policies are taken into account, and as a general rule the …
Mar 28
People often wonder what number counts as a good credit score. According to Fair Isaac, the inventors of the FICO score, the average American credit score is 723. Surprisingly enough, however, this is not considered to be an average or good score but is actually an excellent one. Most financial literature published since the year …
Mar 27
As the nation gradually recovers from the financial earthquake of 2009, many people find themselves trying to rebuild their shattered financial identities, secured credit cards can really help. Although it is often no fault of their own, late payments, closed accounts, foreclosures, and bankruptcies have marred the record of many honest and hard-working citizens. Secured …