Questions and Answers
This is where we answer some of our most commonly asked questions. If you have a question for us, please submit it as a comment and we will do our best to answer it for you.
Which Free Credit Score Site Is The Best?
What's that you ask...which free credit score site is the best? Well, the answer to that question depends on many things, including what your specific wants and needs are.
There are so many different sites out there offering free credit scores these days, it's hard to know which ones are...
What’s Considered a Good Number for a Credit Score?
What's a Good Number for a Credit Score?
I recently had a question from one of our loyal visitors - "My credit score is 695. Is that considered a good number for a credit score?". John B. from Texas.
695 is considered by most to be a fairly good credit score, but not great. Any score below...
Is an Auto Loan Credit Score Different from Other Credit Scores?
What is an Auto Loan Credit Score?
An auto loan credit score is the number that potential lenders would look at to help determine your credit worthiness, the higher the better in this case. It would also determine your interest rate on the loan for the vehicle you are seeking.
Your score is...
What is credit monitoring, and how does it work?
What is Credit Monitoring?
Credit monitoring is, simply put, the act of closely watching your credit report for changes, such as inquiries made (a company accessing your credit report - lender, creditor, insurer etc.), or checking for signs that you have opened a new account... These are just...
What is a FICO Score? How is it calculated?
What is a FICO Credit Score?
FICO is an acronym, it stands for Fair Isaac Corporation, which is the most widely used credit scoring model in the US. It uses a mathematical formula developed by the Fair Isaac Corporation, and was designed to help lending institutions and other credit companies...
Which credit score is the most important?
Which Credit Score is Most Important?
Credit Scores: There is so much information out there about credit scores it can make our heads spin with confusion, and indecision. Which credit score is the most important? Which credit score should I be worried about? Which credit score is the one most...
Which is best, Credit or Debit?
In light of the recent large scale credit and debit account theft scheme (read more on that), it's definitely worth asking the question - which is best, credit or debit?
Quick answer - credit is best. Stick with only using your debit card for ATM withdrawals.
Why? Federal law states that...
