Credit Scores

Credit Score A Factor In Debit Card Usage

A new study has found that there is a close correlation between consumers’ credit scores and how often they use their debit cards to make purchases, and how much they spend on them. According to a study from MasterCard, which also cited third-party findings from Lightspeed Research, the lower a consumer’s credit score is, the […]

📅 MAR 18, 2015

What Credit Score Do I Need to Get Approved for an Auto Loan?

What shape is your credit in when you start to shop for a new car? The importance of the answer may surprise you. Learn what to know before you shop.

📅 OCT 22, 2014

Does My Banking Activity Affect My Credit Score?

Most people keep their money in the bank, whether in in a checking account, savings account or certificate of deposit. Most of the time, what you do with your bank account won’t show up on your credit report. However, there are certain instances when it can impact your credit score. Opening Bank Accounts Opening a […]

📅 SEP 09, 2014

How to Help a Spouse Build Better Credit Habits

Mixing and mingling finances can be quite challenging – especially when one spouse could use some help getting on the right track. In fact, according to a recent survey from Experian Consumer Services, credit scores were reported as a source of stress for 21 percent of married participants. However, couples who communicate monthly about their […]

📅 JUL 11, 2014

Can Making Credit Card Charges Impact my Credit Score

Your credit score is used to evaluate you as a prospective borrower. One of the most important factors is how good you are at making your payments on time, every time. However, it isn’t the only factor. Another important consideration for your credit score is how much of your existing credit that you use. Generally, […]

📅 JUN 13, 2014

The Role Your Credit Score Plays in Your Life

Many people don’t even think about their credit scores until they’re ready to apply for new credit – and some don’t consider them even then! But credit scores can play a big role in your life, even if you’re not planning to buy a car or house or rarely use your credit cards. It’s important […]

📅 MAY 23, 2014

Three Things to Know Before Sitting Down with an Auto Dealer

Summer is just around the corner and like many, you might be dreaming of cruising in a new car. Many dealers are motivated to move inventory as new-year models debut but they’re still likely to be concerned about making a profit. And of course you want to pay as little as possible for your new […]

📅 MAY 15, 2014

What Happens to My Credit After Bankruptcy Drops Off My Credit Report?

Of all the things you can do to your credit, bankruptcy carries the single greatest negative impact because each account, marked derogatory by the bankruptcy, could drop your score along with the public record of the bankruptcy itself.  Meaning, by the time many debtors file bankruptcy, they’ve usually already missed numerous credit payments and may […]

📅 APR 17, 2014

Estimated Tax Payments & Your Credit

­­­­­­­­­­­­­­­­­­­­ If you didn’t have income taxes withheld from you income, you may be able to make estimated tax payments. The IRS provides the following information: You may need to make estimated tax payments if you didn’t have taxes withheld from your income. This applies if your income is from self-employment, dividends, interest, or capital […]

📅 MAR 27, 2014

Do Parking Expenses Count for Itemized Deductions?

Can I Itemize My Parking Expenses? Itemized deductions can help increase your tax refund, and each extra dollar you get back is an additional dollar you can use to pay down debt, which can be beneficial to your credit score. According to Forbes magazine, when it comes to parking expenses, you are able to write […]

📅 MAR 14, 2014