The Experian (EX) official app now gives you free credit reports and alerts! When you change your address, get a new hard pull, get a new account, etc., it will notify you immediately! The only drawback is that you can not see the FICO credit score for free ($9.99/month). But you can actually see the EX FICO score in the…
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Recently Discover announced a tool to check your Experian FICO for free: CreditScorecard.com. This is an important product, because compared to other credit score tools, it has the following advantages: The score is based on Experian (EX), and most banks pull EX nowadays. Although Credit Karma can see many more details, they are from Equifax (EQ) and TransUnion (TU), and you won’t…
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Your credit report and credit score are the determinant factors in getting approved for a credit card, therefore it’s quite necessary for cardholders to pay close attention to these items. How can you access them for free? The first thing you need to know is, there are three official credit bureaus in the US: Experian, Equifax and TransUnion. Once a bank receives an…
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Recently I conduct a small test about credit scores focusing on the two following points: It is often said that credit scores will be reduced if your many credit cards all have statement balance. Is it true? If the answer is yes, how much influence is it? How much influence should High Utilization Ratio of one single card make? The…
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Will the Charge Card be calculated into Balance? How does Charge Card calculate the credit limit? Will Charge Card affect the Credit Score？ This is a very very common issue, but different people hold different ideas, it’s hard to reach a consensus. In this post, we will have a look on that. We all know that Amex issued some good Charge…
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1. I have a SSN for one year. Does that mean one-year credit history? No. The length of your credit history depends on your payment and statement, and it is unrelated with your SSN. In other words, your credit will be recorded with or without a SSN. However, your credit record will be linked up with your SSN for convenient…
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It can be seen very often in various situations that many people wonder why their credit scores drop a lot in a certain month and what to do. It’s very common and everyone just doesn’t want to confront such situations. After all, there will be no chance for you to apply for a good credit card in several years if…
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Credit Report and Credit Score (mostly by FICO) are key factors in approval of credit cards. For credit cards owners, it is very important to know about their Credit Reports and FICO Credit Scores. We have talked about several ways to get free Credit Report and Credit Score in How to Get Free Credit Reports And Scores. The next question…
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Credit Limit Increase (CLI) can make normal spending more smoothly, and by indirectly decreasing the utilization, you might improve your credit score because of this. Some banks, however, pull the credit report from one of the credit bureaus when you request a CLI, it’s called Hard Pull (HP), which is somewhat harmful to your credit history. So it’s necessary to figure out which…
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