Category Archives: Credit Scores

National Consumer Assistance Plan – BIG News for your Credit Report
There are new reasons to take a close look at your credit report - The National Consumer Assistance Plan. In 2015, all three Credit Reporting Agencies (Equifax, Experian, and TransUnion) agreed to create and enforce this updated set of regulations called the National Consumer Assistance Plan. You can kind of think of it as a booster shot for the Fair Credit Reporting Act. The Fair...
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Three things you can do today to improve your credit score
Ready to improve your credit score? We wish there were tricks and shortcuts we could teach you… but there aren’t. Building a better credit score takes time and effort – but there are a few things you can do right now to give yourself a head start!

#1: Ask for a credit limit increase

One of the main factors used to calculate your credit score is your...
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Hard Credit Inquiries vs Soft Credit Inquiries
Credit inquiries are included in the "New Credit" category that makes up 10% of your credit score. That's not a huge amount, but it's still important.

So what exactly is a credit inquiry?

Credit inquiries occurs when you or someone else checks your credit report with one of the three credit reporting agencies. There are two types of credit: soft inquiries and hard inquiries.

Soft...

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