What is Bad Credit?
Bad credit is determined by a credit score. If your credit score is below 669, your score is considered poor. Scores range from 850 to 300. Multiple things can lower your credit score. Late payment, delinquencies, unpaid bills and bankruptcy are a …
How Do I Improve Credit?
Are you working on getting a higher credit score? There are a few simple steps you can follow to get your credit score off the ground and headed in the right direction. Start by seeing what the 3 major credit bureau have …
Pros and Cons of Credit Cards For Bad Credit
There are pros and cons of getting a credit card with bad credit. Most people only think about the high interest rates that come with it , but there are others. One of the pros of having a credit card with bad …
Range of Credit Scores From Bad To Good
If you’ve ever wondered about your credit score and what it means, you’re in luck. Here is a list of the various credit scores and what they mean on the scale from poor to exceptional. If your FICO score is exceptional, that …
How a Debt Management Plan Can Reduce Interest Rates
Although not new, debt management plans are becoming increasingly popular. For years, credit counseling agencies have worked with creditors to help reduce interest rates and stop any over-the-limit and which may be accruing on a credit card account. Here some of the …
Credit Card Matching Tool
If you want to know which credit card offers you’d most likely be approved for without having to go through several offers individually, try the credit card matching tool. It’s a tool offered by Creditcrads.com that will allow consumers to input their …
Getting Your Credit Score Out of The Dumps May Be Easier Than You Think
If you have bad credit, you may believe that your score is doomed to always suck. In fact, some people have lost hope and think they are doomed to wait 7 years for old accounts to fall off. While it does take …
Misunderstood Credit Terms: Part 1
It’s important to know common terms in the credit world. From APR to credit utilization, not knowing what these terms mean could cost you big time later. Check them out: APR stands for annual percentage rate. While you may have heard that …
What is Credit Utilization?
Credit Utilization is how much of your available credit you’re using. You calculate it by dividing the total credit card balances by your total credit card limits. Then you multiply it by 100. It will give you the percentage. Do your best …
How Does Credit Mix Work?
Credit mix is a term used to describe the different types of credit that make up your credit report. From credit cards and student loans to mortgages and auto loans, your credit mix has an impact on your credit and makes up …
