FICO Score Factors That Do Not Affect Your Scores

FICO score factors that don't affect your credit scores are important to know. Know what what to not do to improve your credit scores. You may be unknowingly doing things that are hurting your credit scores. (What doesn't affect my credit score)

Is Closing Old Credit Card Accounts Bad?

Closing old credit card accounts can hurt more than help your credit scores. Credit scores do not count closed credit card accounts and your debt to limit ratio can be negatively impacted to lower your credit scores. Your best bet is to just cut up the card so the account stays on your credit report. Roughly 15% of your credit score is calculated from you credit history. When you cancel the card, the credit history gets canceled as well. (Should I close my credit card?)

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What happens to my credit scores if I shop around for a mortgage?

If you are shopping for a mortgage or a car you can let more than one company get your credit report. Credit scoring systems allow for you to shop around to get the best deal. (click for Full Story)

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I don't have perfect credit, what can I do for a mortgage?

Many of us have had a blip in our credit, or employment situation along the way. Perhaps you have too. What are your options for a mortgage? Lenders understand this and have developed mortgage loan programs that allow for these blips to allow you to qualify for a mortgage. (click for Full Story)

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Restoring My Good Credit Rating After a Foreclosure

Had a foreclosure? Get on the road to recovery quicker by following the simple tips presented. Although it will take a little bit of time to get back on track, the quicker you start the better off you will be.(click for Full Story)

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