FICO 5 VS FICO 8
FICO Score ranges from 300-850 and a score of 700 or above is preferred by most lenders. Credit scores are one of the main things that lenders look at…
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Credit Score Education
How credit scores are calculated, what moves them, and how the three bureaus differ.
74 articles
Can Prepaid Credit Cards Help Build Your Credit Score
Prepaid credit cards can boost your credit score. Learn how they impact credit building and find the best options to improve your finances.
Free annual credit report
Access your free annual credit report today with Credit Services of America. Stay informed about your credit health. Get started now!
What is FACTA and why it is important
Learn how FACTA safeguards your credit information and consumer rights. Stay informed and protect your personal data. Learn more today!
Hard vs. Soft Credit Inquiries: What You Need to Know
Learn how hard and soft credit inquiries impact your score, and when each is used. Get tips on managing your credit checks today!
Equifax Glitch
Equifax glitch may have impacted your credit score. Credit Services of America can help you resolve inaccuracies. Contact us today!
The Difference Between Credit Bureaus
Why are my credit scores different between credit bureaus? When credit reports were first developed, they were mostly listings of each individual…
Why do we have different credit scores
Ever wonder why you have different credit scores? Uncover the reasons behind the variations and how they affect your financial opportunities.
What to look for in your Credit Report
Spot errors and track your financial health by understanding what to look for in your credit report. Start taking control of your credit today!
Credit bureaus and their Scores
Understand how different credit bureaus calculate your credit score and why it matters. A comprehensive guide to navigating your credit report
Good Credit
[et_pb_section][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Having good credit should be important to everyone. Having a good credit profile lets…
Why Are My Scores Different
In the U.S., there are three national credit bureaus (Equifax, Experian and TransUnion) this 3 companies capture, update and store credit histories for…
Late payments have a HUGE impact on your credit report
Having a low or bad credit score can be frustrating, but what is the reason for a low credit score? Its important to know what is affecting your credit…
FICO What
A credit score is a number calculated by using a variety of factors in your credit history for example on time payments, how much debt, how many new…
Ways you can build up your credit history
Having a thin credit file can be a stop you from accessing credit because lenders are unable to identify your creditworthiness if you don’t have enough…
Credit Bureaus
Credit Bureaus Credit bureaus are responsible for tracking and saving our credit history. The three national credit bureaus are: Equifax, Experian and…
Credit scores, what are they and how do they help or hurt you
Credit scores, what are they and how do they help or hurt you? A credit score is what financial institutions use to determine whether you are…
Hard Inquiries vs Soft Inquiries
Hard inquiries may be known as “hard pulls” or “hard credit checks”. This happens when a financial institution, such as a lender or credit card company…
Why do we have so credit Scores
A credit score is a number calculated by using a variety of factors in your credit history for example on time payments, how much debt, how many new…
Improving your credit score
What are the steps we can take to improve our credit scores? Stop applying for credit. Pay down your balances in your accounts. Pay accounts on time.…
What type of Accounts Appear on Your Credit Report
Credit reports contain diverse types of credit accounts. The most common of these accounts would be installment accounts, revolving accounts, and…
Improve Your Credit Score
2022 is gone and 2023 is here and its time to start improving your credit score and improving your financial stability. How long have you put off…
Why are my FICO Scores different for the 3 credit bureaus? Read our blog to get informed
Here in the good olé U.S., there are three national credit bureaus (Equifax, Experian and TransUnion) that capture, update and store credit histories…
How Does My Credit Limit Impact My Scores? Read our blog to get informed
The reason a credit limit increase can help credit scores is that it can lower your utilization rate, or total debt balance. Your utilization rate…
What is affecting your Credit Score
Having a low or bad credit score can be frustrating, but what is the reason for a low credit score? Its important to know what is affecting your credit…
What to Do if You Can’t Pay Your Essential Bills. Read our blog to get informed
When you can’t make ends meet and you’re staring down a pile of bills, there are several ways to sort things out. Take these four steps to pay your…
Things Lenders Look At Besides Your Credit Score. Read our blog to get informed
Credit scores are typically the what everyone considers “credit health”, and they are used by creditors and lenders to get an understanding on the…
How Can You Strengthen up Your Thin Credit File
A thin credit file can be a stop you from accessing credit because lenders are unable to identify your creditworthiness if you don’t have enough…
Understanding Credit Score Factors
What are the factors that determine my credit score? It’s important to understand the factors that go into determining your credit scores so you know…
What Are Inquiries & How Do They Affect Your Credit Score
According to FICO, a hard inquiry from a lender will decrease your credit score five points or less depending on the strength of your credit profile.…
How many accounts should I have to help my credit score
Have you ever been denied for a loan or credit card and the explanation is “Too few accounts paid as agreed” or “Not enough payment history” or “not…
Is 0% Credit Utilization Good For Credit Scores
Maintaining a 0% utilization rate on all your credit card accounts can help your credit scores, but you can achieve excellent scores without doing so.…
Why Do You Want a Good Credit Score? Read our blog to get informed
Significant savings on interest rates on big-ticket loans – When you take a large loan to finance a big purchase like a home or car, even a small…
What’s steps can I take to Improve Credit Score
Because every credit report is different and there are many different credit scoring models available, there is no single solution when it comes to…
Free Credit Report: What Is It and Should You Get One
Your credit report contains information that helps creditors decide whether to lend you money, and provides the basis for your credit scores. Getting…
How Can I Increase My Credit Score
Credit scores measure the level of risk a lender takes when they agree to do business with you. When you order your credit score, you will receive a…
What Are Credit Bureaus and How Do They Work
If the names TransUnion, Equifax or Experian ring a bell, you may already know a little bit about credit bureaus. They’re the large companies that…
Understanding Credit Scores
Types of Credit Scores A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a…
Does Gambling Affect Your Credit Score
Gambling activity does not show up on your credit report, nor does it directly impact your credit history. However, some financial behaviors associated…
What Is a Thin Credit File
Having a thin credit file can make it more difficult to qualify for credit and services when you need them. Even if you are approved, a thin file can…
How to Improve Your Payment History
Your record of paying debts on time, as agreed under the terms of your loans or credit cards, is the single most important factor used in calculating…
Why Can’t My Credit Score Be Calculated? Read our blog to get informed
Credit scores are calculated at the moment your credit report is requested by a lender using the scoring model selected by that lender. In your case,…
Can I Raise My Credit Score by 100 Points
Your credit score is an important indicator of your overall credit health, and improving it can open up new opportunities and savings. If you want to…
Find ways to Keep Your Credit Utilization Low. Read our blog to get informed
The better your credit score is, the more financial perks you’re likely to get, like securing low credit card interest rates, landing a great loan or…
Ways to Build Credit If You Have No Credit History. Read our blog to get informed
Finding a lender to approve you for a loan can be an uphill battle if you’re new to credit or “credit invisible.” Credible invisible consumers don’t…
Are Credit Score Apps Safe to Use
Many credit scoring apps are offered by trusted companies and can be safe to use. They may also offer a variety of services and features beyond the…
What’s the Most Important Factor of Your Credit Score
You may know you have a credit score—and likely several scores—but do you know how your scores are calculated? Your credit score may seem like it’s the…
Why Did My Credit Score Improve
A credit score increase can be a welcome surprise, but it may have you wondering why. Your credit score may go up for several reasons, and they all…
What are some steps to Improve Credit Score
Every credit report is different and there are many different credit scoring models available, there is no single or simple solution when it comes to…
Excellent Credit Score = More Benefits
We often hear “reach 700+ FICO credit score to get the best deals!”. But what exactly does that mean? What exactly do we gain by having a credit score…
Credit Scores
Having an excellent credit score opens the best doors to financial freedom. FICO scores range from 300 to 850 points, the higher the better. If your…
Reasons why your credit score may have dropped
Your credit report contains errors! Every month millions and millions of pieces of data arrive at the credit bureaus to be posted. Most of the time…
“Why do I need a good credit score?”
You may not need a credit history for now, perhaps you are not even thinking about how to improve your credit score. But at some point you will find a…
Do credit bureaus control my credit score
Credit bureaus, do not determine your credit score. Credit scores are calculated based on third-party credit-scoring models. They use information from…
Do Inquiries Affect My Credit Score
Our research shows that opening several credit accounts in a short period of time can affect your score.The information on your credit report indicates…
WHAT IS A FICO SCORE
A credit score is a three-digit number that estimates how likely you are to repay borrowed money. Credit-scoring companies plug information from your…
Improve Your Credit Scores
To improve your scores, start by checking your credit scores. When you get your scores, you will also get information about which factors are affecting…
How Does Inquiries Impact Your Credit
The first step in acquiring credit is a credit inquiry. Hard inquiries impact 10% of your overall credit score. So you’re looking to take advantage of…
Credit Mix
When creditors asses your credit file, the better you are at managing different loans and lines of credit, the lower the risk you represent when…
Should I apply for new credit to improve my score
New credit takes up 10% of your overall credit file. When deciding whether to pay cash or finance, it is important to take into consideration your…
I pay my bills on time, why is my credit score still low
Many people find themselves with a low credit score even though they always pay their bills on time. Many times instead of seeing their credit score…
How Bad Can 1 Late Payment Affect My FICO Score
We all know not paying your bills is not the best choice when it comes to your credit file. Your payment history makes up 35 percent of your overall…
How is my credit score calculated
The primary reason to keep a good credit score is for when credit is needed, that is, borrowing, leasing, proof of responsibility and stability, and of…
5 Things Excellent Credit Can Do for You
Have you ever wondered just what the big deal about having good credit is all about? Below is a list of ways that will benefit you in improving your…
What Affects Your Credit Score
Negative accounts such as bankruptcy, tax liens or accounts that have gone to collections and foreclosures. However, as these accounts age you may…
Protect Your Credit Score During the Coronavirus Pandemic
With the Corona-virus pandemic sending millions of Americans scrambling to make ends meet, another type of economic fallout is bubbling in the…
Why did my credit score drop
If you’ve noticed a drop in your credit scores, some common reasons might explain why: 1.You Have Late or Missed PaymentsYour payment history is the…
Why is Credit history so important
There are 3 main factors as to why credit history is so important 1. It increases your chances of getting approved for credit. 2. The better your…
What is a good credit score
It depends on exactly what you are seeking to accomplish. There are several different types of loans; autos, mortgage or revolving such as credit cards…
Can you raise your credit score
Is it actually possible to raise your credit score? The short answer is yes! The misconception that most people have is that paying on negative…
Have you ever sat and wondered how your FICO credit score is calculated
Many people don’t know or understand how their credit score is calculated which can lead to not understanding why their credit score is where its at.…
Common Credit Report Myths
The most common myth that people assume is that they have to wait for 7 years or more for items to fall off their credit report. Another myth is that…
Difference between credit bureaus
Why are my credit score different between credit bureaus? When credit reports were first developed, they were mostly listings of each individual…
What are the advantages of Good Credit
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