Many people assume that "no credit" and "bad credit" are the same thing, but that is not the case. This is not like taking a test in school, where 0 and 50 both lead to an "F". Having no credit … Continue reading
Is No Credit Worse Than Bad Credit?
Tag Archives: credit report
How Can I Improve My Credit?
Having a low credit score can be detrimental in a money-driven world. It will prevent you from getting car loans, home loans, credit cards and much more. No matter what caused your bad credit, there is a way out of it. The … Continue reading
How to Get a Credit Card as a Student
As long as you are over the age of 18, you can qualify for a credit card. The challenge is obtaining that first card when you have little or no credit to back up your application. If you are a college … Continue reading
How to Check My Credit Score for Free
Running a search for "how to check my credit score for free" may lead you to a lot of websites that are actually just companies trying to sell their services. There are ways to check your credit score for free, … Continue reading
How Can I Apply for a Credit Card?
Applying for a credit card is much like applying for a loan or a rental home. You have to provide information that a company can review and assess. If everything works out well, you will be given a line of … Continue reading
How to Get Credit When You Have No Credit
For the most part, it takes credit to make credit. You can't get a loan or credit card without having some form of credit to prove that you are trustworthy. This frustrating cycle can be difficult to overcome when you … Continue reading
What Affects Your Credit Score
Knowing what affects your credit score may allow you to make better financial decisions over time. It is similar to knowing the types of questions on a test before going in to take it. You may not know all the … Continue reading
How Fast Can You Raise Your Credit Score?
In the modern world, speed is everything. We drive fast cars on fast highways while our fast phones access a fast internet connection. There is no time to waste. Many people apply this same theory to their credit scores, seeking … Continue reading
Selecting The Right Credit Card For Your Credit Profile
Finding the right credit card for your credit profile is perhaps one of the most important things to do during your search for a new card. If you have poor credit, it does not make sense to apply for a … Continue reading
Areas with Worst Credit Scores All Found in the South
TransUnion has released its ranking of metropolitan areas with the highest and lowest consumer credit score in the country. Two areas in northern California--San Jose-Sunnyvale-Santa Clara (700) and San Francisco-Oakland-Freemont (696)--have the highest scores. Memphis is the area with the lowest … Continue reading
Ultimate Guide To Finding The Best Balance Transfer Card
Balance transfer cards can be an invaluable tool for those looking to avoid paying high interest rates on existing balances, but when used improperly they can be just as dangerous as the initial high rate card. In this interview with … Continue reading
Lenders Use Bankruptcy Score to Analyze Your Loan
If you are close to bankruptcy, your lenders probably already know about it. Credit reporting agencies have their own formulas that predict the likelihood of bankruptcy. The general public never sees these bankruptcy scores, but they are sold to lenders, … Continue reading
LowCards Weekly Credit Card Update October 12
Wal-Mart and AmEx in Prepaid Card Deal Wal-Mart Stores is taking another leap into the banking world, announcing on Monday a prepaid card and debit account with American Express that will give low-income consumers access to features like smartphone deposits. … Continue reading