Credit score

Good Habits That Can Help You Improve Your Credit Score

When you receive your reports, review them carefully for errors. Common errors include discrepancies in your personal information, incorrect registrations, expired negative registrations, and accounts that don’t belong to you, which could signal identity theft. Report any inaccuracies to the credit bureaus. 2. Pay your bills in full and on time Lenders report your payment […]

Credit sales

Export trade: challenges of credit sales

The EXPORT model has changed to a new dimension. The change in circumstances requires exporting on credit under sales contracts. Sight export is being phased out. These are simply bilateral arrangements between exporters and importers. Third parties like banks function as a window to take over transactions. Importer banks do not take risks on importers. […]

Credit report

Borrowers note you can get a free credit report with credit score every year

Planning oi-Roshni Agarwal | Updated: Monday, December 27, 2021, 3:06 PM [IST] In line with RBI standards, if you are looking for a Cibil report and Cibil score for borrowing purposes, you can avail it for free once per calendar year. So, if you are about to enter into a loan agreement and your bank […]

Credit score

Nine Ways to Boost Your Credit Score This Christmas – Which One? News

According to credit reference agency Equifax, more people check their credit report and score on New Year’s Day than any other day during the holiday season. Its data shows that Christmas Day is only the third most popular day of the holiday for the essential annual task. Whichever day you’re planning a financial health check […]

Credit score

How I increased my credit score by 90 points even with late payments

Checking my credit report was the first step to increasing my credit score by 90 points. My mom helped me boost my credit by 48 points by making me an authorized user on her credit card. Linking recurring bills to a secure credit card has helped me get on-time payments on my credit report. Read […]

Credit score

How Does Marriage Affect Your Credit Score?

Beverly Harzog is a credit card expert and consumer credit analyst for US news and world report. Getting married is a big decision, not just emotional but financial. What do people get wrong about how marriage affects their credit? A common misconception is that you have a joint credit report. You each still have your […]

Credit score

Do Phone Plans Affect Your Credit Score?

Although it is common knowledge that a personal loan or credit card can affect your credit score, many people don’t realize that their telecommunications services, such as cell phone plans and service provider contracts. Internet access, can also have an impact. Although telecommunications and utility service providers are not approved credit providers, they do affect […]

Credit score

What happens to your credit score if you open a new credit card?

Image source: Getty Images. There may come a time when you decide to open a new credit card. Perhaps there is a card with a generous sign-up bonus. Or maybe you want a credit card that offers travel rewards. If you’re considering opening a new credit card, be aware that it could cause your credit […]

Credit score

Bad credit score? How a “credit builder loan” or “secured credit card” can help you

Bad credit score? How a “credit builder loan” or “secured credit card” can help you Image Credit: Shutterstock Dubai: If you don’t have a credit history, it’s nearly impossible to get a loan, credit card, or even a house. But let’s say you have bad credit, what do you do then? To build your credit […]

Credit score

Liz Weston: Is it possible to increase my credit score by 100 points in one year?

Dear Liz: I am 36 years old with a credit score of 535 and about to return to the United States from Colombia with my future wife. I would like to increase my score by 100 or 200 points within eight to 12 months. It’s possible? Responnse: Raising your credit scores to the mid-600s in […]

Credit report

3 things to fix on your credit report | Credit card

If you’ve ever received a phone call from a debt collector looking for someone else who owes money, thinking that person might be you, you might want to check your credit report and start looking for errors. There may be a number of innocuous reasons why a debt collector would call you about a debt […]

Credit score

Credit Score vs Credit Report: What’s the Difference? | Credit card

Many believe that your credit report and your credit score are basically one and the same thing. Although there is a connection between the two, your credit score is separate from your credit report. Your credit score is a three-digit number that represents your creditworthiness. Your credit report, on the other hand, contains information about […]

Credit score

My credit score met the minimum requirement, why was I denied?

SAN JOSE, CA, December 14, 2021 /PRNewswire/ — Having good or excellent credit can provide many opportunities to save money, especially when applying for a loan or credit card. Often lenders will share their minimum FICO® score requirement, however, just because yours meets these criteria does not mean you will be approved. Your FICO score […]

Credit score

New store credit cards could negatively affect your credit score

Photo (c) boonchai wedmakawand – Getty Images Consumers shopping at a brick-and-mortar chain this holiday season may be presented with an offer at checkout: request the store’s payment card and receive an immediate discount on the purchase. It may seem like a tempting offer, but there are a few things to consider first. Financial services […]

Credit score

How on-time rent payments can boost your credit score with Fannie Mae

Fannie Mae will now consider rent payment history when approving borrowers for mortgages. You still need a credit score of at least 620 to qualify for a mortgage with Fannie Mae. You can also use a rent reporting service to make sure your rent payments are reflected in your credit score. Read more stories from […]

Credit score

Lenders are using AI to offer low-credit personal loans to borrowers

New fintech lenders are using AI to expand access to credit and offer personal loans to low-credit borrowers. (iStock) Fintech lenders are taking an unprecedented step in using artificial intelligence (AI) to offer personal loans to consumers with low or no credit scores. In fact, a fintech startup lending platform called Upstart will soon be […]

Credit score

Local counselor gives advice on improving credit score

ECHO Shelter in Paso Robles celebrated its first anniversary at 1134 Black Oak Road, the site of a former Motel Six. To help clients, the ECHO Shelter in Paso Robles offers financial counseling to help people get back on their feet and improve their credit score and secure permanent housing. Marcella Rodriguez, an ECHO client […]

Credit score

Average UK travel business credit rating falls to new low

Analysis of more than 2.2 million UK business records showed that the average credit rating of people in the travel industry hit a new low this autumn and, unsurprisingly, the sector has seen the worst of all during the pandemic. Credit rating analyst Experian’s report found the average score of the 9,038 travel companies it […]

Credit report

It’s time to check your free credit report

Federal law allows individuals to obtain a free copy of their credit report every 12 months from the three major credit bureaus – TransUnion, Equifax and Experian. Free annual reports have been introduced so that individuals can ensure that the information on all their credit reports is correct and up-to-date. Free annual credit reports can […]

Credit score

CONVERTED ORGANICS (COIN), (HOOD) – Meet Front, the fintech that gives you a credit score for your investment portfolio

When the economy is booming, as an uninformed retail investor, you are the last to gain and the first to lose. It depends Bam AziziCEO and co-founder of Front, companion of platforms like Robinhood Markets Inc (NASDAQ: HOOD) and Coinbase Global Inc. (NASDAQ: COIN) that helps investors make better investment decisions. In light of the […]

Credit score

Amex adds more countries to cross-border credit score service

Two years after American Express began allowing immigrants to tap credit scores from their home country, the company is expanding the service to cover people from four additional countries. People arriving in the United States from Brazil, Nigeria, Kenya and the Dominican Republic can now use their home country’s credit history to apply for an […]

Credit score

Card approval without US credit score

This message contains links to products of our advertisers, and we may be compensated when you click on these links. Our recommendations and advice are our own and have not been reviewed by any of the issuers listed. Terms apply to offers listed on this page. Read our editorial standards. Amex has expanded its partnership […]

Credit score

Liz Weston: What’s behind the recent increase in my FICO credit score?

Dear Liz: I know there are different factors involved, but I find a recent increase in my FICO score inexplicable. My score went from about 740 to 815, according to a note on my last credit card statement. Yet I did next to nothing in terms of major credit activity – no purchases, no change […]

Credit report

Why it pays to check your credit report in early 2022

Image source: Getty Images Make reviewing your credit report one of your must-do’s for 2022 – and don’t delay. Key points Checking your credit report regularly can help you keep tabs on your finances and spot fraud. It’s especially a good idea to check your credit report in early 2022, as you can do it […]

Credit report

How to get a free credit report – and why you should

Your credit report is an overview of your credit history, including the accounts you have opened, the amount you owe, your payment history, and a summary of certain legal issues. Lenders use this information to determine if they should give you a credit card, car loan or mortgage. Landlords and employers sometimes consider the credit […]

Credit score

Where to get a personal loan with a 550 credit score

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. You can get a personal loan with […]

Credit score

How to Cancel a Credit Card Without Destroying Your Credit Score

Sarah Tew/CNET If you find yourself with too many credit cards or have been accumulate too much balance on them, you might consider closing a credit card. While this can make your life easier, there are some complications that need to be considered. Contrary to what TV sitcoms might have taught you, canceling a credit […]