Advertisement
credit & debt

Credit Score Advice From Around the Web

A look at tips from a few of our favorite personal finance bloggers about improving your credit score.

Several news outlets have been reporting recently that some lending companies operating overseas are looking at people's connections on Facebook and other social media sites to determine their creditworthiness. The theory is that if you're friends are delinquent on loans, you could be, too. However, credit expert John Ulzheimer writes in a recent post on the Mint Life blog that American consumers don't need to worry about how their social media activity will affect their credit scores. Lenders in the U.S. can't use a scoring system based on assumptions. See Can Your Social Media Activity Lower Your Credit Score? for his explanation about why your tweets, friends and connections aren't being used by U.S. lenders to determine your risk. And for more advice on credit scores, here's what personal finance bloggers are writing:

Advertisement - Article continues below

How Much Does Your Credit Score Cost You? [Credit.com] "Let’s take a look at some of the ways your credit score can directly impact your pocketbook."

Are These 5 Non-Credit Items Ruining Your Credit Score? [Bargaineering] "Before you think that your utility payments or your parking tickets don’t matter to your credit rating, think again."

How Do Car Loans Affect Your Credit Score? [ReadyForZero] "For some people, the progression of using credit to build a solid history for making large purchases such as buying a home begins with an auto loan."

Advertisement
Advertisement - Article continues below

Can You Really Build Credit Without Credit Cards? [Bargaineering] "While it’s a nice thought -- the idea that you can build a good financial reputation without high-interest consumer debt -- it’s not exactly reality yet."

Advertisement

Most Popular

What Are the Income Tax Brackets for 2020 vs. 2019?
tax brackets

What Are the Income Tax Brackets for 2020 vs. 2019?

The IRS unveiled the 2020 tax brackets, and it's never too early to start planning to minimize your future tax bill.
June 20, 2020
65 Best Dividend Stocks You Can Count On
stocks

65 Best Dividend Stocks You Can Count On

These 65 Dividend Aristocrats are an elite group of dividend stocks that have reliably increased their annual payouts every year for at least a quarte…
July 8, 2020
Find a Great Place to Retire
happy retirement

Find a Great Place to Retire

Our cities provide plenty of space to spread out without skimping on health care or other amenities.
July 2, 2020

Recommended

Banks Canceling Credit Cards, Cutting Limits
credit & debt

Banks Canceling Credit Cards, Cutting Limits

If you haven’t used a card in awhile, make a small purchase with it to keep it open. It’s good for your credit score.
June 4, 2020
Milliennials Face Their Second Recession
credit & debt

Milliennials Face Their Second Recession

Forty percent of millennials say the pandemic will likely cause them to delay payments on their debts. Does that include you? Time to take action.
June 4, 2020
When Savings Bonds Make Sense
credit & debt

When Savings Bonds Make Sense

Series I savings bonds are safe options, but don’t go all in.
June 3, 2020
Which Rewards Credit Card Is Right for You?
credit & debt

Which Rewards Credit Card Is Right for You?

Kiplinger's contributing editor Lisa Gerstner joins our hosts Ryan Ermey and Sandy Block to chat about the best rewards credit card picks for every ty…
May 18, 2020