What It Means to Have a Good Credit Score

If you are trying to get a home or auto loan, you know how important a good credit score is. It can mean the difference of getting a good interest rate or even getting approved at all. But what else does it mean to have a good credit score?
Better Job Opportunities
While employers cannot check...
What It Means to Have a Good Credit Score

Why a Good Credit Score is Not Always Enough

You’ve worked hard to improve your credit score and now you have a number you can be proud of. Before you apply for that car loan, mortgage or credit card you have been waiting on, you need to think about what else you need.
It Takes More Than a Credit Score
Even a good credit score...
Why a Good Credit Score is Not Always Enough

Can You Tell a Person"s Credit Score by Dating Him (or Her)?

You’ve met someone you really like. You start to imagine life with the person long-term. You plan the wedding, the 2.5 kids and even figure the kind of dog – or fish – you will get after you settle down together. How those dreams go will depend a lot on the type of credit rating your date h...
Can You Tell a Person"s Credit Score by Dating Him (or Her)?

FICO Score Up to 692 for National Average

The average FICO score went up back in April of 2014 to 692. While it falls in the range of average credit, it is on the high end. Prior to the recession, the average score was 690.
Increased Responsibility
Two major factors are being attributed for the jump. First, people are being more...
FICO Score Up to 692 for National Average

Is a 657 Credit Score Good Enough?

Checking your credit score is part of being financially responsible. Many people check theirs when they are considering a home or car loan. When they discover their score is 657, they may wonder if it is good enough.
Yes – And No
With a 657 credit score, you can enjoy a lot of benefits of c...
Is a 657 Credit Score Good Enough?

Is a 602 Credit Score Bad?

If you have a 602 credit score, it would be classified as bad. However, if it is improving from where it has been, that is good news. Your credit score has passed a few milestones that makes it more attractive to creditors.
One such milestone is 580. A few years ago, this number was considered...
Is a 602 Credit Score Bad?