Credit Scores

A 600 Credit Score means you’ll have a difficult time renting an apartment, getting a mortgage, personal or car loan, opening credit cards and even getting a cell phone contract. These 5 simple ways to raise credit score 100 points can get you to a 700 or higher credit score.

Taking action is the only way you can raise credit scores and sometimes the actions are really simple. Consumers with credit scores ranging from 720 to 850 are prime candidates to qualify for the lowest interest rates.

FICO is the largest credit scoring model used by 90% of lenders. Every few years FICO updates its scoring model and the newest version, FICO 9, might actually help consumers with paid collections and medical collections. FICO Score 9, has some big changes in the area of debt collection. The scoring model does not include…

Because late payments wreak havoc on your credit scores and payment history is the largest factor in credit scores, it’s vital to take action immediately. Take a look at these strategies that can help remove late payments.

For most consumers one inquiry can take 5 points or less off a credit score but that number can increase if you have few accounts or a short credit history.