How much you owe makes up 30% of your credit score, and your credit utilization ratio heavily influences that factor. But while most experts will tell you to keep your ratio below 30%, “there are no hard-and-fast rules for ideal credit utilization,” says Can Arkali, senior scientist for analytics and scores development at Fair Isaac Read More …

NEW YORK — The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers. Most notably for those with high scores: Abiding by the golden rule of “don’t close your credit card accounts” may now hurt your Read More …

People who have bad rating are likely hoping to rebuild their credit score. There are many different reasons for damaged credit, but there is always a way to rebound. One of the best ways to begin the rebuilding process is to open a new loan line. Fortunately, there are credit cards for bad credit. Although Read More …

For those who dream of owning a home, but have less than perfect credit, there are still options. There are several creditors who offer home loans for bad credit. While these loans do not typically have prime interest rates, the loans make it possible for everybody to fulfill the American dream of owning a home. Read More …

A healthy credit score can make life much easier and enjoyable. Unfortunately, many people don’t realize how important a credit score is to getting the things they want most out of life, like a new car or a their dream home. Missing a payment on a credit card or allowing a bill to go to Read More …