FICO score fluctutaions

Do you know your FICO score fluctuates from month-to-month?! – Here’s why

I read somewhere some time ago that working on improving a poor credit score is a lot like growing out a bad haircut! Regardless of how often you go in front of the mirror, your hair are going to take their own sweet time! And a month can make a lot of difference! The same[…]

credit score mistakes

Credit mistakes you must NEVER commit!

Remember the high school class in which you were taught about credit scores and how you can build a handsome score for yourself?! No?! Well, you’re right. How would you remember when there was no such class?! No high school imparts such education to its pupils. And this is also the reason why a large[…]

Credit Card Debt

How Much Credit Card Debt is Too Much?

According to the 2015 Federal Reserve study, the average US household credit card debt is $15,863, based on a NerdWallet analysis. That amount seems fairly significant to some, not so surprising to others. To a creditor, that looks like a lot of profit! Your interpretation of the average level of household debt is similar to[…]

different credit scores

How many credit scores do I have?

The growing emphasis on the importance of knowing one’s credit score has brought about a sort of revolution in the credit scores industry! More and more people are being encouraged to find out, protect and improve their credit scores. Many online portals have sprung over the past few years, providing these credit scores for free.[…]

FICO vs FAKO

What’s the difference between the FICO and FAKO credit score?

Ever applied for credit? Then you must’ve definitely come across the term ‘credit score.’ Actually, there are all sorts of credit scores in the lending marketplace, resulting in plenty of confusion among the consumers. Many of them can be seen wondering, “Which credit score should I refer to?!” So, will the REAL credit score please[…]

Good credit score

How to improve your credit score through credit cards

Trying to clean up your credit score just before applying for a loan is a lot like working out to get 6-pack abs just a few days/weeks ahead of your beach vacation! Such shortsighted efforts won’t be good enough to undo months of reckless mistakes. However, people who know how to discipline themselves and who[…]

Credit Ladder Review

Review of Credit Ladder

Your credit report is an important part of your financial identity. A good credit report gets crunched by crediting scoring companies to produce a numerical score to relay your creditworthiness. This credit score will influence your ability to secure loans and credit cards, as well as what kind of interest rates you will be charged from[…]

Real Estate Mortgage Loan Document with House Keys

How to Get the Best Interest Rate on a Mortgage

For most people, your home is the biggest purchase you will ever make. It’s an investment not only of money but also of time and emotion. Choosing your home is a decision that you make meticulously, with lots of consideration and compromise. The paperwork that will pay for your home should have the same level of[…]