Our Credit.com experts provide simple explanations for what influences your credit score; how your credit information gets used and tips on how to improve your credit. Access your credit information with a credit score and credit report from Credit.com. Sign up is quick, easy and always FREE!
Building good credit can be annoyingly tedious in that it can take years to get right — and it only takes one wrong move to destroy. Other than doing everything you can to avoid a huge blow to your credit, like a late payment or debt collection account, the best way to build a good... Read More
Credit scores in America are getting better. In fact, the national average FICO score has hit an all-time high, according to new numbers pulled by the credit-scoring company. The national average FICO score hit 699 in April, up nine points since October 2006, per the table below. That’s also a three-point improvement over the national average from just... Read More
Q: I have a credit card that I have been using for about five years, and [it] has never showed up on my credit reports. I usually keep the card paid to a zero balance. How do I get this to show up? It should help my score. — Anonymous A. Opening a new line of... Read More
According to a 2015 Corporation for Enterprise Development (CFED) report, 56% of consumers have subprime credit scores. Living with bad credit can often mean you miss out on some of the better financing rates, causing you to pay more in interest. Avoiding the consequences of bad credit can be difficult, but there are a few... Read More
You pay your bills on time, you (barely) carry any debts, you keep the credit applications to a minimum (no churners here!) and you’ve got a nice mix of accounts going on your credit reports. Yet every time you check your credit, there’s one area that appears to be keeping you from that near-perfect record: Your... Read More
The members of the credit elite — consumers who reside at the top of the scoring ladder — are no strangers to the hard work having good credit requires. Maintaining good or excellent credit can help you qualify for the best financial offers. Here are four ways this can pay off and might leave you... Read More
Building and maintaining good credit is a lifelong process. And if you’re trying to fix your credit, the time it takes depends on several factors, including the type of damage. Here’s what it takes to get started repairing your credit. Review Your Credit If you haven’t already, you should take a look at your credit... Read More
You do a lot to make sure your credit is in decent shape. More often than not, you’re paying your bills on time and you do your best to keep your debt utilization ratio where it should be (experts recommend keeping your debts at 30%, ideally 10%, of your total credit limit). So, when you... Read More
If you’re someone who keeps an eye on their credit scores and reports (good job, by the way), you will likely notice if something shows up on there that you didn’t expect. That’s what happened to one of our commenters. I recently got married and had my name changed. My landlord noticed on my proof... Read More
What do you want in life? Although most people would say that winning the lottery and being able to live in a big house or sail around the world sound nice … that’s not really what people strive for. Most people strive for similar things — things like getting a college education, buying your first... Read More
Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.