We all know that if you want to borrow money for a car loan, home loan or to obtain a credit card you need to have good credit. What some people do not realize is that your credit also impacts your ability to rent a home or apartment, the amount of deposit required to establish cell phone and utility services and whether or not you will qualify for certain employment opportunities.

There are only 31 hours until the New Year and a new opportunity to make sure your finances are in shape to help you reach your life goals. The beginning of the year can be a great time to take stock of your financial health because it is an easy date to remember. So start [...]

Quick tips that can help you manage your credit effectively so you have the credit you need when looking for employment, purchasing a home or simply want to make sure you qualify for the best rates for any loan.

Two years ago, someone with a 600 (poor) credit score could qualify for a mortgage or car loan. Now, reputable lenders will not even consider lending to someone with a score below 700. There is good news though, there are ways you can improve your “loan-ability” in the eyes of lenders and possibly get that [...]

It is possible for your credit report to have mistakes. These might range from a trivial item such as a misspelling in the personal information section, or something more serious such as a claim that an account was not settled.
Report your dispute to the credit reporting agency (CRA) in writing. List what information you believe [...]

By Becky House, ACC
Last year Fair Isaac and Company (FICO) released a “new” credit scoring model. The new score is now available through TransUnion and was created to provide lenders a better tool with which to make lending decisions.
Lenders use credit scores to evaluate the probability that a person will repay their debt responsibly [...]