For instance, you may think that carrying a balance is what’s... your score — it can actually hurt it. When you carry a balance from month to month on your credit cards, costly interest...
Lenders want to ensure that they are lending money to people who have a great credit history. Find out what makes up a credit score & what makes your score drop.
Your credit score can be an asset in financial situations, but only if you know where you stand. Learn how you can find your score without hurting it.
Increasing your credit limit won't necessarily hurt your credit score. Learn more about credit increases and how they could affect your score.
Balance transfers do hurt your credit in the short term. Use credit carefully over time and your credit scores should rise again.
If it's hard to make your minimum payments, debt relief can help. But will it hurt your credit in the process?
Does applying for or opening a credit card hurt your credit score? It can, but points gained from paying on time and a lower credit utilization can offset that.
Used the right way, a balance transfer with a 0% APR is one of the best tools to reduce or eliminate high-interest credit card debt. But can balance transfers hurt your credit?
What factors are considered in a credit score? You probably know that payment history has the biggest impact on your credit score, and that credit history counts too, but you might not be aware that your credit utilization ratio is a major determinant in your final FICO score. If you're not sure exactly what credit utilization ratio is or if you breezed over it while reviewing your credit report, don't worry. We'll help you understand the impact of the ratio on your credit score and, provide you...
From opening new accounts to making a late payment, there a few key factors that can affect your credit scores. Learn which ones are most important.