Credit Score Range

CreditCard.com’s first survey of the year shows us that the average APR for credit cards has reached 15.4%, significantly higher than the 14.71% noted for the first week of 2011. Now compare that to other forms of loans: 3.91% for 30-year fixed rate mortgages, 3.23% for 15-year fixed mortgages and 5.27% for a 48-month car [...]

Celebrities like plastering their botoxed mugs all over a variety of products, but Suze Orman’s “The Approved Card” is a pretty interesting choice for those that want to start controlling their finances. What makes Orman’s “Approved Card” different from other prepaid debit cards is the relatively low fees involved. Those that get the card will [...]

CoreScore is a credit report provider that includes a whole host of consumer info, from rental applications to pay day loans to even payments to local electric companies. This can be good or bad depending on your situation. So let’s break it down: The good: if you’ve been diligently paying your dues, then you have [...]

The economy is far from perfect right now, but it has improved to the level where banks and credit companies are beginning to lend some money to people who are classified as risky borrowers. Yep, subprime borrowing is back in fashion. Subprime borrowing basically involves opening up lines of credit to people with low credit [...]

Credit card interest rates are killers, averaging anywhere between 14.5% and 17% a year. Accrue enough debt and you can see how easy it is for some people to slip into an uncontrollable spiral of debt. The Post Office Consumer Credit says that around 12 million people will use their credit cards for essential purchases [...]

The problem with credit scores is that they are troublesome to monitor in the long run. Even spending the time and effort of checking credit online is a luxury that some people cannot afford, especially when they are constantly on the go and need to pull out their credit history while out on the road. [...]

It isn’t uncommon for credit card companies to recommend you to open new lines of credit in order to increase your credit score. This will indeed give you more opportunities to raise your score, but then you have to deal with a hit to your credit ratings that comes from the mere fact that you [...]

Your financial habits and the habits of your friends on Facebook could soon determine the state of your credit score, if the efforts of several online banks manage to enter the mainstream. The first issue that pops to mind is discrimination. Banks should only have access to your financial records to determine your creditworthiness. Snooping [...]

Scrimping and saving can get you so far in today’s economically-challenged times, why is it even frugal people find themselves losing control and snapping up buys all of a sudden? The obvious reason is that Christmas is fast approaching us. It gives everyone a (semi) legitimate reason to cut back on the saving and just [...]

Did you know that agreeable people tend to have lower credit scores? You know the type: people who can’t say “NO” to those in need and will more readily say yes when people attempt to convince them. This is because agreeable people tend to be more willing to co-sign bad bets and cave in to [...]