Your credit score is the statistical representation of your past credit behavior. According to the makers of the FICO credit score, Fair Isaac Corp, your credit score is divided into five different categories: Type of credit used, payment history,...
The Sweeping Changes That Could Raise Your Credit Score
Under a major overhaul by the credit bureaus announced Monday, unpaid medical bills will be treated differently and errors on your credit report could become easier to fix. The changes, applauded by consumer advocates, come as a result of an agreement between the big three credit bureaus, Experian, Equifax and TransUnion, and New York Attorney General Eric [...]
How to Ask Your Credit Card to Increase Your Credit Limit
One major factor in your FICO credit score is credit utilization, or your credit used divided by total credit. Lower is better. Quickest way to lower it is to request a credit line increase from your cards - read our step by step instructions on how five minutes could boost your credit score.