Wondering how to save money or how to buy a house? Single mom shares budgeting, credit card tips

One single mom is sharing how “credit card fasting” worked for her, helping her go from living paycheck to paycheck, to buying a home. Credit card debt is easy to pile on, but hard to pay off. For Lisa Samalonis, it was the key to rebuild her life after divorce. “It was very important for … Read more

Common misconceptions about achieving a perfect credit score

Randy had an 850 credit score. According to FICO, the most popular scoring model, that’s as good as it gets. Still, a line on his credit report said he could lower his utilization rate, so he promptly paid off the remainder of his car loan with one $6,000 payment, and then his score sank 30 … Read more

How to get your credit score above 800 and keep it there

Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. FICO scores, the most popular scoring model, range from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” Once you reach that 800 … Read more