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 score
LowCards.com Weekly Credit Card Update–May 17, 2013
The Long Shadow of Bad Credit in Job Search Over the last several decades, credit reporting bureaus have been selling their services to a much wider range of buyers than just banks. Nearly half of employers use credit checks when … Continue reading
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
Managing Your Finances During Each Stage of Life
April is Financial Literacy Month. As you await your tax refund, this is a good reminder to review your financial health and make the necessary changes in the way you manage your money. Every household is directly affected by finances, no … Continue reading
How To Properly Compare Low Interest Credit Cards
In today's credit card market, there are hundreds of cards that are offered to consumers. In fact, LowCards has the largest and most updated database of credit cards and interest rates in our complete credit card index. However, just because … 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 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
Tips to Managing Your Credit Card Account
Taking control of your credit card debt starts with properly managing your account. If you are carrying a large balance, your credit card account could be overwhelming you. It is important to take control in order to begin digging out … Continue reading
How to Improve Your Credit Score Fast
Many people experienced a decline in their credit scores after the economy crashed in 2008. The loss of a job or skyrocketing expenses can easily send your credit score from the 700s into the 600s. Credit scores can go down … 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
Who Has Access to Your Credit Report?
Since credit reports contain sensitive personal information, access to them is limited. The three main credit report bureaus--TransUnion, Equifax and Experian--can only provide your credit reports to people you seek to do business with. But the number of different people … Continue reading
Finding The Best Low Interest Credit Card
When considering a new credit card, many people are enamored by the attractive rewards that many cards offer. But rewards cards are only profitable if you pay your balance off in full on time each month. If you carry a balance from … Continue reading
Time for a Personal Finance Checkup?
Did you make a New Year's Resolution to get your financial house in order in 2013? A good place to start is by doing a personal checkup of your credit. And there are free options out there. Don't fall for … 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
FTC Says 26 Percent of Credit Reports Have Errors
A report released today by the Federal Trade Commission underscores the need for Americans to check their credit reports on a regular basis. The FTC study found that 26 percent of consumers had a material error on at least one of … Continue reading
Monitoring Your Credit In The New Year
Having good credit is extremely important for any loan you may obtain, whether it be a short-term one like a credit card, or a long-term loan like those for a home or car. As we start a new year, it … Continue reading
Five Frequently Asked Questions About Holiday Credit Cards
I need a new credit card for the holidays. Is it too late for me to apply? It depends on the situation. If you're immediately approved, then you can get the card in as little as three business days. However, … Continue reading
10 Shopping Tips to Minimize Holiday Debt
The holiday shopping rush is on. Paying with a credit card makes it is easy to be in the spirit of buying and giving without paying attention to how much money is being spent. But January credit card bills bring … Continue reading
LowCards.com Weekly Credit Card Update November 21
Mobile Apps Aim to Steer Consumer Credit Card Choices There are two new mobile apps which help cardholders select the best credit card to use at checkout. Wallaby Financial released a free app that helps iPhone users determine which card … Continue reading
How Your Credit Score is Calculated
They may be three simple digits but your credit score is the probably most important number in determining your financial future. Your credit score is both a representation of your payment history and a prediction of your ability to make … Continue reading