All that you wanted to know about credit utilization

Credit utilization is a frequently used term in any conversation related to credit scores and/or credit reports. In fact, if you’re someone who keenly follows the concept of credit, you must have definitely heard about credit utilization before and would at least have a vague idea about it. What’s meant by credit utilization? Technically speaking,[…]

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 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[…]

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[…]

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[…]