Can Medical Bills Hurt My Credit Scores?
Can Medical Bills Hurt My Credit Scores? Credit Monitoring by John Ulzheimer Share Share Email Medical providers such as hospitals, doctors, and clinics don’t normally send information to the credit bureaus. Medical bills are not usually reported to the credit bureaus unless the bills have been either turned over or sold to a collection agency. […]
Can Student Loans Lower My Credit Scores?
Can Student Loans Lower My Credit Scores? Credit Monitoring by John Ulzheimer Share Share Email FICO, the company that invented the credit score, recently conducted a study of student debt using data from one of the three major credit bureaus. The average debt was $26,549 in 2012, compared to $17,236 in 2005 or a 54 […]
Why Are My Credit Scores Different On Each Credit Report?
Why Are My Credit Scores Different On Each Credit Report? Credit Cards by John Ulzheimer Share Share Email Circa 1997, that was one of my interview questions when I was interviewing for my job at FICO. Whew, it’s a good thing I answered correctly or I might be writing about something other than credit. This […]
Do Consumers Get The Same Credit Scores As Lenders?
Do Consumers Get The Same Credit Scores As Lenders? Credit Monitoring by John Ulzheimer Share Share Email The Consumer Financial Protection Bureau (CFPB) has been in the news often lately. They are they consumer protection watch dog re: the financial services industry. They released a study about credit scoring in late September 2012. This study […]
The Credit Scores That Lenders Use Most
The Credit Scores That Lenders Use Most Credit for Beginners by David B. Coulter Share Share Email Not only does your credit score evolve (typically covering six-year periods) as your borrowing and payment history matures, it’s also determined by three potential sources that report varying numbers based on different types of credit scores. It’s […]
How Credit Scores Affect Auto Loan Applications
How Credit Scores Affect Auto Loan Applications Auto Loans by John Ulzheimer Share Share Email Approximately 80% of those surveyed in a study conducted by VantageScore Solutions and the Consumer Federation of America underestimated the impact a low score has on an auto loan.That way too high considering how obvious it should be that credit […]
How to Check All Three of Your Credit Scores
How to Check All Three of Your Credit Scores Credit for Beginners by Staff Writer Share Share Email Why do you have three credit scores, and how do you check them? Whether you’re planning to apply for a loan, rent an apartment, or simply ensure your financial well-being, regularly monitoring your credit scores from Equifax, […]