Can You Check Your Child’s Credit Report?

Identity Theft

Can You Check Your Child’s Credit Report?

Can You Check Your Child’s Credit Report?

There seems to be no shortage of valuable information about “adult” identity theft, including a vast amount of crime statistics and prevention advice, yet such information about ID thieves targeting children — though at times equally damaging to the victim and often taking much longer to resolve — has received much less of the spotlight…. Read More

Could the Government Mandate Free Credit Scores?

Credit Score

Could the Government Mandate Free Credit Scores?

Could the Government Mandate Free Credit Scores?

This year marks the 10th anniversary of the groundbreaking Fair and Accurate Credit Transactions Act of 2003 (FACTA or FACT Act) that granted all consumers the right to obtain a free annual credit report from each of the three major credit bureaus through ¬†AnnualCreditReport.com. Yet despite there being no shortage of free credit score offers… Read More

The Ultimate Guide to the New VantageScore

Credit Score

The Ultimate Guide to the New VantageScore

The Ultimate Guide to the New VantageScore

When looking for your credit scores, you may have seen VantageScore and wondered what it is, and if it’s different from other scores. Actually, there are some key differences in the VantageScore, and it’s helpful to you, the consumer, to know what they are, as well as what the score means in general for you…. Read More

How Credit Scores Predict Your Behavior

Credit Score

How Credit Scores Predict Your Behavior

How Credit Scores Predict Your Behavior

Credit scores, as with most attempts to make sense of our world, operate on the assumption that the near future will look a lot like the recent past, and that going forward, people can be expected to behave pretty much as they always have. That is, credit scores base their predictions of the future on… Read More

Credit Reports vs. Credit Scores: What’s the Difference?

Credit 101

Credit Reports vs. Credit Scores: What’s the Difference?

Credit Reports vs. Credit Scores: What’s the Difference?

The credit experts at Credit.com write frequently about the importance of consumers understanding credit reports and credit scores. And for good reason, as the better your credit report, the better your credit score; and the better the credit terms that will be available to you, whether a mortgage, auto loan, or credit card. Yahoo! Analytics… Read More

How Student Loans Can Keep You From Buying a Home

Mortgages

How Student Loans Can Keep You From Buying a Home

How Student Loans Can Keep You From Buying a Home

As student loans take on an increasing presence among the 20-something generation of college graduates who have traditionally made up a high proportion of first-time homebuyers, the impact of student loan debt on a mortgage application becomes increasingly important — especially as about two-thirds of college seniors who graduated in 2011 had student loan debt… Read More

Why Your Credit Score Is So Bad

Credit Score

Why Your Credit Score Is So Bad

Why Your Credit Score Is So Bad

A Credit.com reader named Roger recently took me to task for my blog post, How to Decode Your Credit Score, that focused only on high credit scores and neglected some of the common reason codes that accompany lower credit scores: What about reason codes: Serious delinquency and or public record or collection filed. Time since… Read More

5 Financial Tips for Freshmen

Students

5 Financial Tips for Freshmen

5 Financial Tips for Freshmen

As graduation time nears for college-bound high school seniors, it’s also time for those college acceptance letters to start rolling in, and time to let the planning begin. While understandably caught up in the academic, housing and financial hoopla of planning for college, one all-important, but often overlooked part is planning for the safest, most… Read More

5 Money Tips That Aren’t Absolutes

Personal Finance

5 Money Tips That Aren’t Absolutes

5 Money Tips That Aren’t Absolutes

Back in the day, if you needed something expensive you just saved for it. Or, you put it on layaway, or maybe joined your bank’s Christmas Club. (Kids, ask your parents.) You also may have saved for your children’s college education or your annual vacation. The prevailing attitude among financially responsible people was that “if… Read More

Help! They Closed My Credit Card Account

Credit Cards

Help! They Closed My Credit Card Account

Help! They Closed My Credit Card Account

The experts at Credit.com recently received this email from a reader who experienced several unpleasant — and confusing — credit surprises. Here, we help unravel the mystery of the closed credit account and the shrinking credit score: My husband and I short sold a rental home about 18 months ago. We had an unpaid 2nd… Read More

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