Score
Does your credit score affect renter insurance rates?
In America, credit is king. This means that your credit check can affect everything from loan approval to your ability to rent flat. Renters insurance protects your personal belongings in a rented home against unforeseen circumstances such as theft and fire. Let’s say you’ve experienced an unfortunate incident in the home you’re renting, but you […]
How do automatic bill payments affect your credit score?
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. There seems to be an endless list of things that can affect your […]
How a High Limit Card Can Improve Your Credit Score
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. A high-limit credit card can come in handy when you need to cover […]
What is a credit score mismatch?
Your credit score is a three-digit number that gives lenders an idea of your creditworthiness. This is usually the first thing lenders check to determine if you approve loans, credit cards, and other loan products. Three major credit bureaus – Equifax, TransUnion and Experian – create credit ratings based on their own credit scoring algorithms. […]
How does your payment history affect your credit score?
Paying off your credit card and loan debt on time is the most important factor in your credit score. Your payment history is made up of many complex components, but experts say it ultimately comes down to never missing a payment. The main purpose of a credit score is to show creditors how likely you […]
What is a good credit score?
Credit scores can have a huge impact on our finances. For example, a good credit score may mean better credit terms. It can also be the difference between approving or denying a loan in the first place. When we talk about credit scores, there are usually two important players: FICO and VantageScore. Everyone uses similar […]
What does a credit score of 800 mean?
While there are many different credit scoring models on the market, and some lenders even use their own internal models, you are more likely to come across FICO and VantageScore models when it comes time for a credit check. Both of these models consider a credit score of 800 as the highest level: FICO scores […]
How does the length of your credit history affect your credit score?
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. According to Experian 2021 data, the Silent Generation continues to have the highest […]
How to Improve Your Credit Score with a Low Limit Credit Card
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. Credit cards can be quite disappointing at times. To be approved for a […]
How does a closed account affect your credit score?
The road to a great credit score can be long and bumpy along the way. But if you maintain a low credit utilization rate and avoid any negative consequences (such as missed payments, etc.), these hits should be minor. Keep in mind that the loan game requires a fair amount of patience, and if your […]