The Basics of a Credit Report

Understanding what's in your credit report can help you improve your credit rating, lower the costs of borrowing, and fix any mistakes on your report. This post will help you understand the very basics of credit reports: what's in your credit report, who can look at it, how often you should look at it, and how it's created. Once you know these basics, you'll be ready to start improving your … [Read more...]

FICO Score Matters: Sorry, Dave Ramsey

I’ve never spent much time trying to understand my FICO score.  I guess I’ve always just accepted Dave Ramsey's sentiment that FICO is evil.  However, the truth is that your credit score does matter, and I believe it will become more important in the future. Bad Advice: Borrow Money To Improve Your FICO Score This is the type of advice that people like Dave Ramsey hate.  And, rightfully so.  … [Read more...]