#credit-score
#credit-score

I earned $2,000 worth of credit card rewards while raising my credit score from 590 to 715

Using credit cards wisely can earn beneficial rewards and improve credit scores.

Bootstrapping

I have a 650 credit score, and 8 credit cards but want to get down to 3. What's next?

The ideal number of credit cards varies by individual, but managing a few cards responsibly is key to good credit.

2 weeks ago

Cryptocurrency

Will My Credit Score Drop If I Exceed 10% Utilization Even If I Pay It Off Immediately?

Credit card usage affects credit scores; lower utilization improves score health.

fromSlate Magazine

1 month ago

Cars

My Favorite Airline Is Now Unrecognizable. I Want to Protest These Changes, but It Could Come at a Huge Personal Cost.

Long-time loyalty to Southwest Airlines has been diminished due to major policy changes, prompting a reconsideration of the associated credit card.

Bootstrapping

Paying my credit card minimum keeps hurting my score, and credit limits. What Are my options to fix?

Paying only minimum payments on credit cards can severely damage credit scores and prompt banks to reduce credit limits.

Digital life

I have a 720+ credit score but make all my purchases with a debit card and realize I'm missing out

Using credit cards for purchases can maximize rewards earned when done responsibly.

Career

I earned $2,000 worth of credit card rewards while raising my credit score from 590 to 715

Using credit cards wisely can earn beneficial rewards and improve credit scores.

Bootstrapping

I have a 650 credit score, and 8 credit cards but want to get down to 3. What's next?

The ideal number of credit cards varies by individual, but managing a few cards responsibly is key to good credit.

2 weeks ago

Cryptocurrency

Will My Credit Score Drop If I Exceed 10% Utilization Even If I Pay It Off Immediately?

Credit card usage affects credit scores; lower utilization improves score health.

fromSlate Magazine

1 month ago

Cars

My Favorite Airline Is Now Unrecognizable. I Want to Protest These Changes, but It Could Come at a Huge Personal Cost.

Long-time loyalty to Southwest Airlines has been diminished due to major policy changes, prompting a reconsideration of the associated credit card.

Bootstrapping

Paying my credit card minimum keeps hurting my score, and credit limits. What Are my options to fix?

Paying only minimum payments on credit cards can severely damage credit scores and prompt banks to reduce credit limits.

Graphic design

Dave Ramsey's Advice Is True Again: "Don't believe the LIE that you need a credit score. You'll be just fine without one."

You can live without a credit score, as building credit is not essential according to Dave Ramsey.

Cryptocurrency

Are Cash Back Cards With One Time Bonuses Worth It, Or Just A Marketing Ploy?

Prioritize long-term card benefits over new member bonuses.

Evaluate cash back cards based on your spending habits and longevity.

Mental health

Can I Pay Only Interest on My Closed Credit Card Due to Financial Changes?

Financial hardships may allow for options with credit card issuers.

Ignoring payments risks damaging your credit score.

Proactive communication with card issuers can provide relief.

Cryptocurrency

My Credit Score Plummeted After a Mortgage Payment Mix-Up - What Can I Do?

A misunderstanding with mortgage payment amounts led to significant credit score damage for a Reddit user.

OMG science

What Factors Actually Matter When Picking A Cash Back Credit Card?

Cash back credit cards can save money but choosing the right one requires careful consideration of various factors.

3 months ago

Graphic design

Dave Ramsey's Advice Is True Again: "Don't believe the LIE that you need a credit score. You'll be just fine without one."

You can live without a credit score, as building credit is not essential according to Dave Ramsey.

Cryptocurrency

Are Cash Back Cards With One Time Bonuses Worth It, Or Just A Marketing Ploy?

Prioritize long-term card benefits over new member bonuses.

Evaluate cash back cards based on your spending habits and longevity.

Mental health

Can I Pay Only Interest on My Closed Credit Card Due to Financial Changes?

Financial hardships may allow for options with credit card issuers.

Ignoring payments risks damaging your credit score.

Proactive communication with card issuers can provide relief.

Cryptocurrency

My Credit Score Plummeted After a Mortgage Payment Mix-Up - What Can I Do?

A misunderstanding with mortgage payment amounts led to significant credit score damage for a Reddit user.

OMG science

What Factors Actually Matter When Picking A Cash Back Credit Card?

Cash back credit cards can save money but choosing the right one requires careful consideration of various factors.

more#financial-advice

fromNew York Post

Here's why the average US credit score is falling

The increase in federal student loan delinquencies has pushed the average U.S. credit score down to 715, highlighting impacts from previous loan payment pauses.

Privacy professionals

#financial-literacy

fromThe Local Germany

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Germany news

Everything you need to know about Germany's 'Schufa' credit score

Schufa credit score is vital for newcomers in Germany, affecting housing and credit opportunities.

4 months ago

Business

What Are the Four C's of Credit? How Lenders Qualify You for a Mortgage

Understanding the four C's of credit is crucial for successful mortgage qualification.

fromThe Local Germany

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Germany news

Everything you need to know about Germany's 'Schufa' credit score

Schufa credit score is vital for newcomers in Germany, affecting housing and credit opportunities.

4 months ago

Business

What Are the Four C's of Credit? How Lenders Qualify You for a Mortgage

Understanding the four C's of credit is crucial for successful mortgage qualification.

more#financial-literacy

fromEntrepreneur

4 weeks ago

Business

What to Know Before Using a Personal Loan for Your Business | Entrepreneur

Mixing personal and business finances through personal loans carries significant risks.

Personal loans are often easier for new businesses to obtain than traditional business loans.

#finance

fromwww.mercurynews.com

Graphic design

What credit score is needed to buy a house?

A credit score is essential for getting a mortgage loan, impacting interest rates and terms.

The minimum credit score to qualify for a mortgage varies by loan type.

3 months ago

Graphic design

Dave Ramsey Is Right: "You Don't Need a Credit Score to Thrive"

You can thrive financially without a credit score, but it requires careful financial management and comes with certain disadvantages.

fromwww.mercurynews.com

Graphic design

What credit score is needed to buy a house?

A credit score is essential for getting a mortgage loan, impacting interest rates and terms.

The minimum credit score to qualify for a mortgage varies by loan type.

3 months ago

Graphic design

Dave Ramsey Is Right: "You Don't Need a Credit Score to Thrive"

You can thrive financially without a credit score, but it requires careful financial management and comes with certain disadvantages.

more#finance

fromKqed

Business

Millions of Californians Have Medical Debt. It Wouldn't Hurt Your Credit Under Proposed Rules | KQED

California lawmakers want to prevent medical debt from impacting credit scores, potentially benefiting millions.

Senate Bill 1061 removes medical debt from credit reports, aimed at reducing financial strain for Californians.

fromEntrepreneur