Your credit score will impact a lot of financial decisions in your life. Knowing what this and what impacts it will help keep this score high. Here is some more information when it comes to your credit score and how to maintain it.
INCREASE CREDIT SCORE
Now that you’ve obtained a copy of your credit report, it’s time to start working on increasing your credit score. Credit scores are kind of like grades in school. It doesn’t take much to let them drop, but once they do, improving them requires effort and dedication. It’s also not an issue that can be fixed magically overnight. Be prepared to be patient during the process of improving your credit score.
You check your credit score and it’s lower than you last remember it. Why is that? There are several reasons why your credit score may have dropped, here are some of the most common causes and how to fix them.
COLLEGE & CREDIT SCORES
The choices you make in college regarding your credit and finances can impact your life for years to come. This includes receiving loans, getting an apartment, or being offered a job.
HARD INQUIRY VS. SOFT INQUIRY
A credit inquiry is when a third party views your credit report. This check is done to make sure your credit and background are in good standing. There are two types of inquiries: a hard inquiry and a soft inquiry.
CREDIT SCORE IMPROVEMENT TIPS
We’ve all heard the term 'credit scores', but do you know what they mean? A credit score, also referred to as a FICO score, is a three-digit number that is generated by pulling information from your credit report.
