Building Credit

When choosing where to park your money, you’ve got lots of options. Big banks, small banks, holes in the backyard … and credit unions. Though you’ve probably heard the term before, you may have questions — questions like “what is a credit union?” and “what’s the difference between credit unions and banks?” Well, don’t worry,...

Some credit repair companies make seemingly outlandish and unbelievable claims such as “Get A 720 Credit Score in 30 Days” or “Erase Your Bad Credit in 2 Weeks – Guaranteed!” You don’t have to look very far to find a credit repair scam artist looking to rip people off with the promise of a credit...

If you're worried about your credit score, learn what you can do to boost your rating quickly.

You may not realize that you have more than one credit score, or that credit card companies and other lenders use different credit scoring models. Generally speaking, the highest credit score in most consumer credit scoring models is 850, although there are less frequently used scoring models that go as high as 900. The old...