article thumbnail

How to Check Your Credit Score Without Hurting It

Credit Corp

Your credit score is an important aspect of your financial health and is oftentimes used by lenders, landlords, and even employers to determine your creditworthiness. It’s crucial to keep track of your credit score regularly, but many people are hesitant to check it because they’re afraid it will have a negative impact.

article thumbnail

Is No Credit Better Than Bad Credit?

Credit Corp

No credit means that lenders can’t easily review your credit history, while bad credit means you’ve earned derogatory marks on your credit profile. We’ll explore the nuances of both situations and share ways you can bolster your credit. There are certain loans that you can apply for with bad credit.

Loans 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Check Your Credit Report for Identity theft

Credit Corp

Incorrect Personal Information Lender Inquiries You Don’t Recognize Accounts You Never Opened Credit Utilization Goes Up Credit Score Goes Up or Down Unexpectedly Public Records You Don’t Recognize. How Do I Check My Credit for Identity Theft? Warning Sign 2: Lender Inquiries You Don’t Recognize.

article thumbnail

What Is the FICO Resilience Index?

Credit Corp

The Index, which is brought to you by the makers of the popular FICO Score for creditworthiness, ranges from 1 to 99. In contrast to credit scores, where a higher number is better, a lower FICO Resilience Index score is better. As of July 2020, the FICO Resilience Index is being provided in pilot testing to lenders.

Creditors 106
article thumbnail

What Is a Good Credit Score?

Credit Corp

You might not realize it, but having a good credit score may directly impact your ability to achieve your personal and financial goals. For instance, you might not be able to purchase a home or new car unless your credit is in good standing. Nearly all lenders conduct thorough credit checks prior to approving a loan.

Lender 52
article thumbnail

How to Use Alternative Data to Build Your Credit Report

Titan Consulting

Rent, home payments, utilities such as gas, water, electric, and even things like cable or other on-time payment history can be used by credit bureaus to create a reliable credit score from which they can underwrite credit. What lenders use alternative credit data to grant credit?

Lender 98
article thumbnail

How To Get Preapproved For A Home Loan

Better Credit Blog

It just gives you an idea of what a lender may offer you towards buying your new home. It’s good practice to apply to several lenders for preapproval. Home Loan Preapprovals Don’t Impact Your Credit Score. They aren’t seen by other lenders, and they don’t decrease your credit score. Top Tip For After Preapproval.

Loans 52