All articles tagged: “Credit Scores”

(110 total)

Guide

7,163 views

5 min read

The Average FICO Score Drops for the First Time in Over a Decade

The Average FICO Score Drops for the First Time in Over a Decade

For at least the last 19 years, the company known as FICO, my former employer and the company that invented credit scores, has published reports... read more »

John Ulzheimer

By: John Ulzheimer • 5/1/24

Guide

15,344 views

5 min read

25 Fast Facts About Credit Reports & Scores

Fun Facts About Credit Reports and Credit Scores

The world of consumer finance is loaded with data, statistics, trends, acronyms, and averages. It’s truly a numbers-driven industry. As it... read more »

John Ulzheimer

By: John Ulzheimer • 4/16/24

Guide

16,578 views

15 min read

What is Bad Credit?

What Is Bad Credit?

Bad credit means your credit score is low — generally considered anything below 600 — because you’ve had problems paying bills or loans on time... read more »

Eric Bank

By: Eric Bank • 4/9/24

Study

23,868 views

13 min read

10 Most Influential Credit Score Experts for 2024

10 Most Influential Credit Score Experts for 2024

You may not view credit as a consumer product, but that’s what it is. The interest rate is the price you pay for access to credit cards and... read more »

Mike Senecal

By: Mike Senecal • 3/14/24

Study

35,309 views

3 min read

15% of Americans Have Used ChatGPT to Improve Their Credit Scores

15% of Americans Have Used ChatGPT to Improve Their Credit

BadCredit.org survey reveals that many younger consumers, predominantly Gen Z and millennial males, trust AI tools to help them improve their... read more »

Jon McDonald

By: Jon McDonald • 2/22/24

Guide

22,104 views

5 min read

What Number Does Your Credit Score Start at & When?

What Number Does Your Credit Score Start at?

Your credit score or, more accurately credit scores, are used by lenders to assess the risk of doing business with you. If you have good or great... read more »

John Ulzheimer

By: John Ulzheimer • 2/12/24

Guide

48,089 views

5 min read

Americans’ Credit Scores Resilient Against Rising Card Debt & Delinquencies

Credit Scores Resilient Despite Rising Debt

When people are unemployed or underemployed, they often use their credit cards to bridge their income gap. Credit cards offer immediate access to... read more »

John Ulzheimer

By: John Ulzheimer • 1/22/24

Guide

48,516 views

7 min read

How to Get an 800 Credit Score (from a FICO Expert)

How to Get an 800 Credit Score

Credit scores are three-digit numbers that are used by lenders to determine whether they’re going to approve your applications, and under what... read more »

John Ulzheimer

By: John Ulzheimer • 12/14/23

Study

66,208 views

3 min read

Approximately 31% of Americans Don’t Know Their Credit Score

31% of Americans Don't Know Their Credit Score

Credit scores, those three-digit numbers based on your credit reports, are used well over 20 billion times each year by lenders and others to... read more »

John Ulzheimer

By: John Ulzheimer • 10/12/23

Study

42,130 views

11 min read

Average Credit Score in America (2024)

The Average Credit Score in America

Credit scores are increasingly on the minds of many Americans. As the costs of essential goods and services rise, Americans may find that their... read more »

Andrew Allen

By: Andrew Allen • 9/27/23

Study

100,000+ views

5 min read

Average Credit Score by Race (2024)

The Average Credit Score by Race

Although credit scores are neutral algorithms based on a person’s reported credit activity, there are indisputable variations between various... read more »

Erica Sandberg

By: Erica Sandberg • 9/27/23

Study

80,768 views

9 min read

Average Credit Score by Exact Age (2024)

The Average Credit Score by Exact Age

Credit scores are one of the most important financial barometers. A good credit score opens doors to lower interest rates and better loan... read more »

Zina Kumok

By: Zina Kumok • 9/27/23

Study

63,424 views

9 min read

Average Credit Score by State (2024)

The Average Credit Score by State

Credit scores, such as those developed by the data analytics company FICO, do not rate you as a person, but rate your actions as a borrower.... read more »

Erica Sandberg

By: Erica Sandberg • 9/27/23

Study

61,404 views

7 min read

Average Credit Score by Household Income (2024)

The Average Credit Score by Household Income

How people use credit products and repay debt has a direct effect on their credit scores, such as those developed by FICO. All of that... read more »

Erica Sandberg

By: Erica Sandberg • 9/27/23

Study

74,102 views

11 min read

20 Fast-Growing Metro Areas with the Most-Improved Credit Scores

20 Fast-Growing Metro Areas with the Most-Improved Credit Scores

If you’re reading this, you probably already appreciate the significance and benefits of a high personal credit score. A FICO® Score in the... read more »

Mike Senecal

By: Mike Senecal • 9/25/23

Blog

62,790 views

5 min read

Grow Credit Transforms Subscription Payments Into Tradelines That Can Boost Credit Scores

Grow Credit Leverages Subscription Payments to Help Boost Credit Scores

The path to building good credit isn’t always clearly marked. Even consumers with the best of intentions can make missteps as they... read more »

Andrew Allen

By: Andrew Allen • 7/31/23

Guide

69,468 views

5 min read

What Should My Credit Score Be? 5 Scenarios

What Should My Credit Score Be?

If you’re like most people, you want to build and maintain a high credit score so you can borrow money at the best rates and terms. What that... read more »

Erica Sandberg

By: Erica Sandberg • 7/20/23

Blog

100,000+ views

5 min read

Mission Asset Fund Helps Underserved Financial Consumers Gain Access to Loans and Build Credit

MAF Helps Underserved Financial Consumers Gain Access and Build Credit

As pundits and politicians debate immigration policy, Mission Asset Fund (MAF) enables undocumented and underserved financial... read more »

Mike Senecal

By: Mike Senecal • 7/13/23

Guide

100,000+ views

3 min read

What Is Credit Mix?

What Is Credit Mix?

It’s not unusual to read articles about credit scoring and the various categories of metrics that influence your credit scores. What is unusual,... read more »

John Ulzheimer

By: John Ulzheimer • 7/3/23

Blog

100,000+ views

7 min read

ScoreSense Monitors and Reports Credit Scores, Protects Personal Data, and Provides Live Support

ScoreSense Monitors and Reports Credit Scores with Live Customer Support

The three bureaus reporting credit scores in the US don’t always use the same data, which can hurt consumers applying for loans... read more »

Mike Senecal

By: Mike Senecal • 6/29/23

Study

100,000+ views

11 min read

The 10 Best Credit Score Apps of 2023

The 10 Best Credit Score Apps of 2023

Your credit score is your window to financial opportunity, but only if you take control. Many top lenders and insurers use FICO scores to judge... read more »

Mike Senecal

By: Mike Senecal • 6/21/23

Blog

54,571 views

5 min read

Circa Offers Flexible Rental Payments and Credit Reporting to Help Residents Improve Financially

Circa Offers Flexible Rental Payments and Credit Reporting to Residents

Rental property residents often regard the first of the month as that special time when all the bills come due at once. That’s not... read more »

Mike Senecal

By: Mike Senecal • 6/9/23

Guide

66,099 views

5 min read

What Is a Good Credit Score For My Age?

What Is a Good Credit Score For My Age?

The credit scores that most lenders use in the United States range from 300 to 850. This is the common score range or “scaling” with FICO and... read more »

John Ulzheimer

By: John Ulzheimer • 6/8/23

Guide

100,000+ views

5 min read

Does Marriage Affect Credit Scores? (2024)

Does Getting Married Affect Your Credit?

Getting married can impact many aspects of your life. Yet, the idea that marriage has a direct impact on your credit scores is a myth. And while... read more »

John Ulzheimer

By: John Ulzheimer • 5/8/23

Guide

80,652 views

5 min read

FICO Score vs. Credit Score: What’s the Difference?

FICO Score vs. Credit Score: What’s the Difference?

Lenders rely on your credit report and credit score information to assess your risk, determine whether they want to do business with you, and... read more »

John Ulzheimer

By: John Ulzheimer • 4/4/23