Archive for the ‘Credit’ Category

How to repair credit – 5 essential facts to know before you do it yourself

When the dust settles from all your financial problems, learning how to repair credit should be your next goal. Studying and understanding the different sections of your credit report is necessary if you want to know what strategies are required to do it yourself.

How is my FICO score calculated?

In the face of a worsening economy, would-be borrowers are having an increasingly difficult time getting approved for home and car loans. Although you can’t control how the banks set their lending criteria, you can control how your credit score shapes up – and the first step towards improving your score, is learning how it’s calculated.