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Credit Score

  • 10 tips for great credit on an inconsistent income
    Published: Sep 15, 2016

    You don't have a steady, routine paycheck? Your credit doesn't have to suffer. Follow these 10 tips to get and maintain a great credit score on a variable income. 1. Master your budget. When you are living on a variable income, having a firm budget is essential. Add up all your fixed expenses, bills that must be ...

  • Do you know your credit range?
    Published: Jun 28, 2016

    Do you know your credit range? Credit ranges help you to understand your FICO credit score, what it means and how it compares to others. Consumers in the excellent credit range, 720 or higher, qualify for the best rates for credit cards, mortgage rates and loan products. Anthony Sprauve, FICO public relations director, called credit ranges "a good ...

  • How does applying for a credit card affect my credit score?
    Published: Jun 20, 2016

    There's nothing wrong with changing -- or adding to -- your plastic from time to time. In fact, it's a good idea to keep an eye on your wallet to make sure you have credit cards most relevant to your needs. You should align the ways in which you can earn miles, points and cash ...

  • Top 10 states for credit success
    Published: Aug 27, 2015

    A solid credit score is a person's lifeline for financial rewards such as qualifying for loans with lower interest rates or credit cards with better benefits. Factors like payment history, amount of debt and types of credit used are the root forces behind developing a healthy credit score. But is the creation of credit scores ...

  • How does a divorce impact your credit?
    Published: Aug 18, 2015

    Divorce happens. And although, it’s not an easy topic to discuss, there are lasting implications that need to be brought to the forefront. In 2012 (the most recent data) 851,000 couples divorced which translates into roughly 1,702,000 personal finance accounts that needed special attention. Once the emotional strain of divorce sets in, practical matters tend to ...

  • Don’t let the first day of school flunk your finances
    Published: Jul 1, 2015

    The final school bell marking summer break sounded just weeks ago for some schools, yet the pressures to start shopping for next year have already begun. It’s incredibly easy to overshoot your budget during back-to-school shopping. The to-buy list is long and varied, from new No. 2 pencils to the must-have sneaker of the year. WisePiggy ...

  • Survey: Only 40% of car-buyers check their credit before major purchase
    Published: May 19, 2015

    Are you hunting for a new car and wondering how this purchase might affect your credit? A new survey from WisePiggy.com shows that consumers aren’t always checking their free credit score and credit report before purchasing a car, and many don’t realize the effect the purchase can have on their credit profile. There was a negligible ...

  • Credit scores closely connected to loans
    Published: May 14, 2015

    Whether you’re eyeing a new car or ready to buy your first house, your credit score is a key factor lenders consider. But is this the best way to determine eligibility for financing? We interviewed William Mahnic, an associate professor at Case Western Reserve University, about the connection between credit scores and loans. Q. Are ...

  • 6 ways to protect your parents from ID theft and fraud
    Published: May 7, 2015

    Fraudsters and thieves have your aging parents in their sights. Why? A key factor in some cases of elder financial exploitation is mild cognitive impairment which can diminish an older adult's ability to make sound financial decisions, according to Money Smarts for Older Adults, a resource guide created by the Consumer Financial Protection Bureau. Here's how to ...

  • Using a credit card for financial emergencies? Rarely a smart move
    Published: Apr 30, 2015

    Your furnace dies on a cold February evening. Your car breaks down in the middle of your morning commute. Your dishwasher sends water streaming across your kitchen floor.These are all big, unexpected expenses, and you don't have enough cash to cover them. You do, though, have a high enough limit on your credit cards to ...