Credit Scores

In the event you are concerned that your identity  has been stolen, you can consider getting a security freeze. A security freeze stops new creditors from accessing your credit report unless you lift or remove the freeze. You can lift the security freeze either temporarily or permanently. You can place the freeze with Transunion, Equifax and...

If you’re afraid that you might be a victim to fraud, it may be a great idea to place fraud alert on your credit report. A fraud alert is a notification you place on credit report that warns creditors that you may be a victim of identify theft. You would place this request with a...

In case you weren’t aware, Equifax suffered a security breach and is now offering all U.S. consumers the chance to enroll in a free identity theft protection service. Some are wondering if they’d be better off with either placing a fraud alert, requesting a security freeze, or using the file lock feature in the TrustedID Premier...

To help rectify their security breach problem, Equifax is now offering consumers one free year of cyber security monitoring and credit file monitoring to all U.S. consumers. You are eligible for this service whether you were impacted by the security breach or not. This product is called the TrustedID Premier and it includes 3-Bureau credit...

Do you ever wonder what’s the difference between a credit file lock and a security freeze? Thanks to Equifax, we have the answer. There are many differences, but there are many similarities too. On a basic level, they both stop new creditors from accessing your Equifax credit report. The only way they get access to...

Today, Equifax announced that it was hit by a cyber security attack. The attack could’ve impacted about 143 million U.S. consumers. The perpetrators gained access via a U.S. website application vulnerability to certain files. The incident occurred between May 2017 and July 2017. According to the agency, there’s no evidence found of unlawful activity on...

Before looking for a new house, you should do everything you can to prepare. Just a little bit of preparation can go a long way in eliminating surprises on your rate. The first thing you want to do is check your credit report. You may want to do this at least six months in advance...

Yes, it possible for anyone to repair their own credit. You can get one free credit report a year with AnnualCreditReport.com, getting a copy is the first step you should take. Then, you should check for any mistakes on your credit report. Mistakes on your credit report isn’t an uncommon thing unfortunately, which is why it’s important...

There are so many factors that can decrease your credit score. One in particular is your credit utilization rate.  Your credit card utilization rate is the ratio of your credit card debt to your total credit card limits. Now, if you decide to close any of your credit cards, it could cause your ratio to...

If you have a credit score that ranges between 740 and 799, you are considered to have very good credit. This means you qualify for better interest rates from lenders. You not only can get better lending rates, but you can also get unsecured loans and more flexible terms. In these cases, they may also...