That is, if you have a credit history, your credit report information can be fed into a number of different algorithms that produce scores. FICO is the most common, but even within the FICO score ...

One of the most common credit score myths is that no credit is better than bad credit. The truth is, however, that the older ...

The two most common credit scores consumers are likely to come across are FICO and VantageScore. Your credit score determines whether you get approved for a loan or credit card, and the terms on ...

When your credit score drops, it's usually because your activity negatively affects one of these factors. Here are the most common reasons your credit score dropped. This one is a bit clearer-cut ...

Below, Select asked financial expert John Ulzheimer, formerly of FICO and Equifax, the truth behind 13 of the most common credit score myths. Here's everything you should know about what makes ...

Knowing the different types of credit can help you understand your loan options. By choosing the correct type of credit for your situation, you could potentially improve your credit score.

If your score is 660, for example, you will still have access to some decent financing options. While there are a few different credit scoring models, these are the most common ranges: If your ...

Here are seven of the most common credit score myths and the truth behind the crucial financial figure. Myth: You only have one credit score. Your credit score is the number that represents your ...

Another is that you might hope to raise your credit score ... of the most detrimental marks on your credit report would be if you have ever defaulted on a credit card or loan. A common reason ...

When your credit score drops, you might already be aware of the mistake you made — or you might not be sure what what caused it. Some of the most common reasons for a credit score dropping ...

There are many common misconceptions about what affects your credit score. "Consumers sometimes focus on things that don't matter to their scores. The most common is information about your wealth ...