From lack of awareness to over utilisation of credit card, there could be numerous reasons for a poor or no credit score. We ...

your credit utilization score will go up substantially which will be harmful to your score. If that is the problem you’re facing with your credit score, it’s a good idea to focus on paying ...

Having a bad credit score isn't the end of the world, as long as you work toward improving it. While bad credit may make it more difficult to achieve financial milestones, such as being approved ...

Making minimum payments can snowball into a big problem—potentially hurting both your credit score and your wallet. Paying the minimum on a credit card isn’t all negative. For example ...

We have to solve our problems and learn to live together. That solution starts with financial literacy and economic empowerment. In a 500-credit-score community, whether in urban Atlanta or rural ...

Credit scores are calculated differently depending ... amount or when you're approaching your credit limit. If you have no problem paying your balance in full each month, you can also call your ...

A credit score is a mathematical likelihood of repaying ... This means that no credit history can be a prolonged problem, even after you open your first account. Credit bureaus collect information ...

Credit utilization accounts for a decent chunk of your credit score, so aim to use no more than 30% of your total available credit. There are ways to keep your utilization low and improve your score.

Getting a loan without a credit score or history can be difficult. However, many financial institutions and lenders provide ...

Commissions do not affect our editors' opinions or evaluations. Low credit scores often leave consumers with limited options when it comes to credit cards. Those with fair (580 to 669) to poor ...

Closing a credit card might hurt your credit score because removing a portion of your available credit will cause your credit utilization, a key credit scoring factor, to rise. Here's what you ...

The rule of thumb for credit scores is the higher, the better. Does that mean hitting the highest possible credit score — 850 — is a goal worth striving for? Admittedly, a good to excellent ...