Credit card utilization is one of the biggest factors impacting your credit score that you can control. By keeping utilization low, you can increase your score quickly.Read More
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In some of my past posts about building credit, some readers have mentioned that credit cards are not the only way to build credit. There are other ways to build credit, for example, student loans, mortgage payments, and auto loans, but credit cards are one of the more accessible routes.Read More
ChexSystems is a consumer credit reporting agency, similar to Experian and TransUnion, that focuses specifically on deposit accounts. Whenever you open a new checking or savings account, the bank will run your information through ChexSystems to see if you're a good customer.Read More
If you want to improve your credit score in the long term, you should apply for more cards when you're young to lay the foundation for your credit. Here's how often you should apply for a new credit card.Read More