How to score credit card points and have a high credit score

While applying for credit cards does typically ding your score, it’s not as bad as some people think. In fact, applying for credit cards (to take advantage of large signup bonuses) can actually have a positive effect on your credit score, when done correctly; trust me, I have the numbers to prove it.

There’s a balance to be had between having too many credit inquiries/new credit lines on your report and keeping your credit score high. Every year for the past few years, I have opened up at least 2 new credit lines, and my score has just been increasing. Continue reading “How to score credit card points and have a high credit score”

What to do if you don’t have a credit score

You’ve pulled your free credit report, but got a mysterious message along the lines of “we’re sorry, but we were not able to pull your report at this time”. You double-checked and triple-checked the information inputted to make sure the right address was being pulled in… but it’s also possible that you don’t have enough credit history to have a credit score. Continue reading “What to do if you don’t have a credit score”

Where to get your Free Credit Score

You know how to get your free credit report. Now, where do you go to get a free credit score? By free, I mean that in the course of registering you are not required, at any point, to input credit card information. I’ve compiled a list of sites that I’ve personally used to get my free credit score. This is by no means an exhaustive list, so I’d love to hear in the comments if I’m missing any big ones. Continue reading “Where to get your Free Credit Score”

How to (actually) get a free credit report from Equifax/Experian/TransUnion

If you’ve navigated to any of the three bureaus in an attempt to receive your federally mandated yearly credit report, the homepage of each site typically advertises a great deal on seeing your credit report/score. The problem is, these cost money, which is a whole lot more than free. So where’s the free report? Continue reading “How to (actually) get a free credit report from Equifax/Experian/TransUnion”

A Beginner’s Guide to Credit Scores

A credit score is defined as a “number assigned to a person that indicates to lenders their capacity to repay a loan”. Basically, it’s a magical three-digit number that tells banks whether or not they should lend you money.

This post is motivated by a recent article I read on the difficulties and reservation of our generation getting credit cards. It baffles me that people struggle on simple things like getting a credit card. Continue reading “A Beginner’s Guide to Credit Scores”