What is Equifax? How the Credit Bureau Communicates Risk to Lenders
If you’ve ever had your application for a loan or credit card denied, you may have gotten upset and blamed the lender. After all, your... read more »
By: Andrew Allen • 9/16/24
(112 total)
Guide
275 views
7 min read
If you’ve ever had your application for a loan or credit card denied, you may have gotten upset and blamed the lender. After all, your... read more »
By: Andrew Allen • 9/16/24
Guide
8,352 views
11 min read
Picture this: Your application for a loan or credit card is flat-out rejected because the lender looked at your credit report. I know rejections... read more »
By: Eric Bank • 8/21/24
Guide
41,565 views
5 min read
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 »
By: John Ulzheimer • 5/1/24
Guide
52,845 views
5 min read
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 »
By: John Ulzheimer • 4/16/24
Guide
38,748 views
15 min read
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 »
By: Eric Bank • 4/9/24
Study
42,237 views
11 min read
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 »
By: Mike Senecal • 3/14/24
Study
51,296 views
3 min read
BadCredit.org survey reveals that many younger consumers, predominantly Gen Z and millennial males, trust AI tools to help them improve their... read more »
By: Jon McDonald • 2/22/24
Guide
82,127 views
5 min read
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 »
By: John Ulzheimer • 2/12/24
Guide
90,270 views
5 min read
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 »
By: John Ulzheimer • 1/22/24
Guide
98,136 views
7 min read
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 »
By: John Ulzheimer • 12/14/23
Study
62,076 views
3 min read
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 »
By: John Ulzheimer • 10/12/23
Study
100,000+ views
11 min read
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 »
By: Andrew Allen • 9/27/23
Study
100,000+ views
5 min read
Although credit scores are neutral algorithms based on a person’s reported credit activity, there are indisputable variations between various... read more »
By: Erica Sandberg • 9/27/23
Study
68,288 views
9 min read
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 »
By: Zina Kumok • 9/27/23
Study
57,046 views
9 min read
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 »
By: Erica Sandberg • 9/27/23
Study
94,428 views
7 min read
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 »
By: Erica Sandberg • 9/27/23
Study
94,734 views
11 min read
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 »
By: Mike Senecal • 9/25/23
Blog
100,000+ views
5 min read
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 »
By: Andrew Allen • 7/31/23
Guide
100,000+ views
5 min read
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 »
By: Erica Sandberg • 7/20/23
Blog
100,000+ views
5 min read
As pundits and politicians debate immigration policy, Mission Asset Fund (MAF) enables undocumented and underserved financial... read more »
By: Mike Senecal • 7/13/23
Guide
100,000+ views
3 min read
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 »
By: John Ulzheimer • 7/3/23
Blog
100,000+ views
5 min read
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 »
By: Mike Senecal • 6/29/23
Study
100,000+ views
11 min read
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 »
By: Mike Senecal • 6/21/23
Blog
100,000+ views
5 min read
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 »
By: Mike Senecal • 6/9/23
Guide
76,186 views
5 min read
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 »
By: John Ulzheimer • 6/8/23