In late January, Fair Isaac Corporation — the creators of the FICO score — announced they’ll update their scoring model this summer. Called FICO 10, the company’s newest revision will impact an estimated 110 million consumers. But how will this change affect you? First, a FICO primer FICO isn’t just […]
Will the New FICO 10 Scoring System Change How You Review or Report Credit?
February 24, 2020 By Leave a Comment
Reporting Student Loans to the Credit Bureaus: 5 Reasons Why
December 12, 2018 By Leave a Comment
Millions of dollars in student loans are funded every year. As students graduate into the real world, they now have a monthly commitment to pay back those funds. Student-loan companies that service these loans have a huge job ahead of them. For a decade or more, they must encourage borrowers […]
Find Out Which Bills Affect Your Credit Rating
January 25, 2018 By Leave a Comment
Here’s the facts about your credit rating: Everything you don’t know can hurt it, and there’s some confusion about what can cause the pain. A 2015 TransUnion survey asked consumers whether they thought that a few common bills are frequently reported to the major credit reporting agencies: Experion, Equifax and/or […]
Student Loans and Your Mental Health
November 9, 2017 By Leave a Comment
People stress out about all sorts of things. Money is a common stressor. Student loans, well, the stress of paying those back, especially for recent graduates, can take a psychological and physical toll. If you find yourself in the position of needing to report student loan debt, keep this in […]