Credit Tips

Your credit plays a big role in your life. The state of it can affect much more than your ability to get approved for a loan or credit card. But even if you are dealing with bad credit, it’s never too late to change it for the better.

The recent news from the credit bureaus that approximately 12 million Americans may be getting a modest credit score boost in July is good news.

There are some steps to take if you are denied credit. You can review the creditor’s decision, get free access to your credit report, and also figure out how you can improve your standing as a borrower. Here’s what you should do if your credit application has just been rejected.

If you're trying to add points to your credit score, increasing the ceiling on your card can be a wise move. However, consumers sometimes have bad reasons for requesting a credit limit increase.

The Consumer Financial Protection Bureau (CFPB) recently took action against TransUnion and Equifax for unlawfully deceiving consumers. The regulator found that the agencies deceived consumers about the actual cost and usefulness of the credit scores they sold.

Getting married is an exciting event, but what if one of you has good credit and the other one is credit-challenged? You'll have to figure out how to get on the same page.

If you have ever been late on a credit card payment, you've likely berated yourself for missing the due date, paid what was due and then moved on. However, it can have a bigger impact than you think, especially if you started off with an excellent credit score.

Responsible credit card use is a good way to build and maintain good credit. However, there are potential risks that should be avoided.

The 50-20-30 budget is a helpful budgeting method that helps you allocate your take-home pay to three categories: needs, savings and discretionary spending.

The credit bureau TransUnion has identified seven good credit habits that help make getting approved for a car loan easier. In fact, these habits would be helpful to follow year-round as they will have a positive effect on your credit and financial well being.