Credit Scores

CreditWise vs. Credit Karma: My Results & Experience

Both CreditWise and Credit Karma allow you to monitor your credit score online. I decided to compare both services below to see which was best.

Posted in: Credit Scores,
Tags: ptype_comparison,
What Credit Score is Needed for a Personal Loan?

There are many types of personal loans, each with their own minimum credit score requirements. Typically, you'll need a credit score in the mid-600s to qualify for most unsecured personal loans and require a score of 740 or above to get the lowest rates.

Posted in: Credit Scores, Personal Loans,
Chase Sapphire Reserve Credit Score: What You Should Know

The Chase Sapphire Reserve credit card is a high-end travel and dining rewards card that has a hefty $450 annual fee. The card has some of the best benefits available in the credit card world, however, the Sapphire Reserve card is also one of the most popular—even with that heavy fee. It offers 3 points per dollar spent on travel and [&helli

Posted in: Credit Cards, Credit Scores,
What Credit Score Is Needed for Student Loans?

Most federal student loans don’t require you to have good credit. However, private lenders do have certain minimum FICO credit score requirements.

Posted in: Credit Scores, Student Loans,
How Accurate is Credit Karma?

Founded in 2007, Credit Karma is a San Francisco-based financial services company that offers free credit scores to the masses. Credit Karma touts that it will always be free to the consumers who use its website or mobile app. But how accurate is Credit Karma? In some cases, as seen in an example below, Credit Karma […]

Posted in: Credit Score Companies, Credit Scores,
What Affects Your Credit Score? FICO Score Factors

Five credit factors affect your credit score: payment history, credit utilization, types of credit, age of credit, and the number of hard inquiries. Other factors don’t impact your credit score as much, such as whether you carry a small balance on your credit card.

Posted in: Credit Scores,
How to Build Credit—Even if You’re Just Getting Started

To build credit, you can apply for a secured card, become an authorized user, work on paying down existing debt, and make sure you make all payments on time. You can also use a service that reports rent or utility payments to credit bureaus.

Posted in: Credit Scores,
Nova Credit Review: International Credit for Immigrants

Immigrants and international students often struggle to gain access to financial services in the United States. Nova Credit aims to end that by providing a “Credit Passport®.” By connecting foreign credit bureaus with lenders and major U.S. credit bureaus, lenders can better serve people from abroad.

Posted in: Credit Scores,
Tags: ptype_review,
How to Improve Your Credit Score

Your credit score, in some ways, holds more power than any other part of your personal information. Many people think of credit scores as only important if you’re applying for a loan or credit card, but in today’s world they’re used for many more things than just loans. Without a solid credit history you can […]

Posted in: Credit Scores, Improving Credit,
How to Report Rent Payments to a Credit Bureau

Renters comprise a large amount of people in the U.S. While many renters say they don’t mind not owning a home with a big mortgage, they are disadvantaged in at least one way. If they make their monthly rent payments on time, just as homeowners make their monthly mortgage payments on time, it does nothing […]

Posted in: Credit Scores, Information,