Credit Score

What Factors Affect Your Credit Scores

house poor infographic about credit scores

Checking your credit rating by using the credit score monitoring app from SoFi is the best way to get insight into your credit capabilities when looking for a loan. Also, credit scoring companies have their ways of figuring out the factors that determine your credit score. The main factors that affect your credit score include … Read more

3 Tips on How to Fix Your Credit Score Right Now

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Your credit score is one of the essential building blocks of your financial records. Without it, you can’t use financial products available on the market like loans, mortgages, etc. It’s like a crutch because getting almost any loan would be a breeze with a good credit score. For example, if you’re planning to buy a … Read more

What is a Credit Score? Improve Your Credit With These Tips

house poor infographic about credit scores

A credit score is a three-digit number that indicates the creditworthiness of the client. These scores are computed using various models and methods. The most common types of credit scoring models are FICO scores and VantageScore. Fair Isaac Corporation developed the FICO scoring model, which considers five factors to determine a client’s creditworthiness: payment history, … Read more

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