Category: improve credit scores

Don’t Make This Critical Credit Card Mistake that Costs You Big

May 29, 2022
bad habitsBrightbudgetingCredit Cardscredit scoreCredit ScoresCritical Credit Card Mistakeimprove credit scorespersonal finance
0 Comment

A survey found that 43 million Americans carried a credit card balance to help improve their credit score. But there’s a big problem with that strategy: carrying a balance does not help your credit score! This is one of the most popular myths with credit and something you should avoid. Follow along to learn why you…

Read More

A 6-step Guide to Building a Solid Credit Score

May 9, 2022
Brightbudgetingcredit scoreCredit Scoresimprove credit scorespersonal financeSolid Credit ScoreUncategorized
0 Comment

By Aidan Sowa Credit rating is a crucial factor not just in securing a mortgage, credit card, or loan—it can dramatically affect everything from car insurance and mobile phone contract rates to overall employability. What Is a Credit Score? Put simply, this is a three-digit number any lender looks at to estimate how risky a…

Read More

10 Things You Need to Know About Your Credit Score

May 5, 2022
Brightbudgetingcredit scoreCredit ScoresFICOimprove credit scorespersonal finance
0 Comment

What you may not know about your credit score can hurt you. Did you know that the average American credit score is a 669-699. Sounds great right? It might sound amazing but if you, the average person, upped their credit score by 50 points, they would lower their mortgage interest rate by 0.5 percent. 20…

Read More

10 Ways to Improve Your Credit Score

April 22, 2022
Brightbudgetingcredit scoreCredit Scoresimprove credit scorespersonal finance
0 Comment

Excerpted from Dirty Little Secrets: What the Credit Bureaus Won’t Tell You The information on your credit report directly impacts your credit score. In fact, it’s the only thing that impacts your score. Your credit score in turn determines your ability to obtain credit and potentially be approved for loans. Having a poor credit score…

Read More