One card, two cards, red card, blue card, Quizzologist Marco Maceri breaks down the mystery around how many credit cards a good credit builder should have.
Tag: improve credit
As an old relationship adage goes, “Opposites attract,” so might your credit scores. Many marriages seem to unite polar opposite credit scores. If your credit score is poor, but your spouse’s is good, is there hope for qualifying for a better credit card, auto loan, or mortgage?
The short answer is, “Yes.” However, there are a few things to consider when you and your spouse are applying for new credit.
We spend a lot of time talking about how to improve your credit, but what do you do if your credit does improve? Well, after you’re finished doing a happy dance and bragging to all of your friends, I have a suggestion… Start taking back your cash!
That’s right! You could potentially add a lot more cash flow to your monthly budget by simply reclaiming all of the penalties your less-than-perfect credit forced you to pay. Here are five quick things you should do if your credit score goes up.
Learn five “insider” secrets from the credit industry that will help you keep your credit report and score healthy and intact, so you can qualify for the best deals on life’s largest purchases (and some smaller ones, too!).
If you do a little research online, you may find that a lot of folks with excellent credit have many open credit accounts. Does this mean, if you only have a few credit accounts, that you need to start opening new accounts to achieve your true credit score potential? Bill Rice explores the question and explains why it might not be wise to draw that conclusion.
Find out what habits those with excellent credit scores have and what you need to do to achieve your own true credit score potential.
When asking friends or family if they’ve checked their credit report, it’s not uncommon to get a variety of responses. But one that’s more common than you might think is, “Nah, I messed up some things in the past. I don’t want to know.” In this case, ignorance is NOT bliss. Find out why it’s time to suppress the fear and check your credit.
Discussions about credit improvement often focus on the dos. However, in many cases, the don’ts are just as important. Find out what don’ts you may be doing and how these actions may be negatively impacting your credit score.
A credit score can be your worst enemy or your best protector in a tough economy, but regardless, it will always be by your side. Learning how to manage your credit behavior to get your highest possible credit score is your best protection in hard financial times.
Improve your credit by first getting a copy of your free credit report now. Then read up on how to map out your plan for improvement.
Marriage often joins two very different people together: introverts and extroverts, frugal and spend-thrift, good credit and bad credit. Consequently, happy marriages are typically the result of blending the best of the two into a stronger one. Improving your combined personal finances is no exception.
Credit reports are a big piece of that new combined financial picture. They will impact major financial decisions all newlyweds have to make: renting or buying a home, purchasing a new car, maybe even getting a new job. Find out how to peacefully improve your spouse’s credit score for a better shot at marital bliss and the best deals on life’s largest purchases.
Good or bad, a credit score that isn’t improving (assuming you haven’t hit the 800+ credit elite) means that you’re not achieving your full credit potential. More importantly… it means you’re paying too much for things. Find out how to unstick your credit score and go from good to elite.