A lot of people are disappointed to find out that their credit score has gone down after opening up a new credit card. In some cases the credit score goes […]
Read more
Tag: FICO
How Does Becoming an Authorized User Affect Your Credit Score? [2021]
Becoming an authorized user can do wonders for your credit report but it can also do some harm if you’re not careful. Here’s a run down on how becoming an […]
Read more
How Long Do Hard Inquiries Stay on Your Credit?
A very common question that I see come in often is: how long do hard inquiries stay on your credit? It’s an important question and understanding both the short-term and the […]
Read more
How to Raise Your Credit Score by 200 Points [2021]
Are you trying to improve your credit score by 200 points or more? Are you wondering what is actually possible and realistic in terms of improving your credit profile? Well, […]
Read more
Does Income Affect Your Credit Score? [2021]
A lot of people wonder whether or not their income affects their credit score. The answer is a little bit more complicated than a straight “yes” or “no” since there […]
Read more
How Credit Mix Affects Your Credit Score [2021]
Credit mix is a category that accounts for 10% of your total FICO score. It’s an often overlooked category and probably the least discussed category of your score. While it’s […]
Read more
Should You Pay off Your Credit Card Balance Each Month? [2021]
For a lot of beginners, there’s some confusion regarding whether or not you should pay off your credit card balance each month. A lot of people actually think it harms […]
Read more