Bizarre Ways That Harm Your Credit Score

We all know that missing a payment will hurt our credit score. Other things that can lower our credit score are bankruptcy, defaults, delayed payment, applying for credit too often and so on. This makes sense. What if I say that an overdue library book or reservation for a rental car could negative impact your…

Students Should Be Wary Of Their Credit

Mostly students worry about their classes and how will they succeed in college, but what happens next after they graduate is just as important. If a person wants to lease an apartment or buy a car, then two types of credit is required. Some students have already started building up their credit scores by taking…

Why Do Credit Cards Have High Interest Rates?

One of the most common complaints made by consumers is about the high interest rates than is charged on credit cards. Even the low interest rate on credit cards is higher than the interest rates charged in other loans. So, why credit card have such high interest rates? Well, it’s very risky for lenders to…

Getting Approved For A Mortgage Without A Perfect Credit Score

We often hear from prospective home buyers and refinancers that lending standards have become too strict and it’s very tough to get a mortgage without a perfect credit score. But, this isn’t entirely false, but how actually it is like to get a mortgage in today’s economy? Well, it depends on what do you mean…

How to Boost Your Credit History

If you have a bad credit score, you’ll be glad to know that it won’t haunt you forever. According to Rod Griffin, director of Public Education at Experian, the most important thing a person can do is to focus on his/her credit history, instead of their credit score. He added that a person’s credit score…