When Do Credit Card Issuers Close down Inactive Accounts?

Although not everyone has a credit card, an overwhelming amount of Americans do. They use credit cards as a...

Did you know you have more than one FICO® Score?

Your FICO® Score versions and what they mean to you. FICO® Score 8 is the score you’re probably accustomed...

Could an Upcoming Data Purge Increase Your FICO® Scores?

You may have seen recent stories about how the credit reporting agencies (Equifax, Experian, and TransUnion) are scheduled to...

Financial Attitude and Financial Literacy

How to Change Both for the Better Through experience, most of us have learned that attitude plays a big...

Ask FICO: Soft and Hard Inquiries, What's the Difference?

Ask FICO is a Q & A column where our credit scoring expert, Tom Quinn, answers common credit score...
Credit Cards, FICO Scores & Credit Reports
When Do Credit Card Issuers Close down Inactive Accounts?
FICO Scores & Credit Reports
Did you know you have more than one FICO® Score?
FICO Scores & Credit Reports
Could an Upcoming Data Purge Increase Your FICO® Scores?
Personal Finance
Financial Attitude and Financial Literacy
FICO Scores & Credit Reports
Ask FICO: Soft and Hard Inquiries, What's the Difference?
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FICO Scores & Credit Reports

Welcome to the myFICO Blog

We're your source of knowledge for all things credit (and a few other things too). Learn about your FICO Scores and credit reports, plus get expert credit card and loan tips, personal finance advice and more.

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Personal Finance

Welcome to Financial Literacy Month – April 2017

Back in March of 2004, a Senate resolution was passed designating April 2004 as Financial Literacy Month. According to FinancialEducatorsCouncil.org, every year the Senate votes on this resolution which states: “…that the President issue a proclamation calling on the federal government, States, localities, schools, nonprofit organizations, business, other entities and the people of the United States to observe the month with appropriate programs and activities.”

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Identity Theft

Top 7 Tips for Helping Protect Your Data Online

It is of prime importance that parents, children, businesses and everyone who uses digital technology understand how crucial it is to have a first line of defense against those who are trying to steal our data. That’s why we need to talk about data privacy and to understand the different ways that we can protect our online data.

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FICO Scores & Credit Reports

The Traits of the 800 FICO® Credit Score Holder

When it comes to the FICO® Score 8, the most widely used credit score in the country, a score of 800 (or higher) signifies excellence.

In FICO terms, a score of 800 or above is “Exceptional” and way above the national average. Borrowers in this range will most likely not have a problem getting credit. Why? Based on history, only about one percent of 800+ credit score holders are likely to become delinquent. Low risk means easier lending.

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Credit News & Current Events

2017 New Year’s Resolutions That Could Help Your Credit

New Years is the perfect time to start fresh – change those bad habits into good ones and make this year the best one yet. From healthier eating and more exercising to less spending and wiser personal finance choices, we’ve all made resolutions that we were determined to keep.  Unfortunately, many times our determination runs astray and it’s only a few weeks before we end up right back where we started.

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Popular posts

Did you know you have more than one FICO® Score?

Your FICO® Score versions and what they mean to you. FICO® Score 8 is the score you’re probably accustomed to seeing because it’s the most widely used FICO Score version...

How To Ask For a Credit Limit Increase, And Make Sure You Get It

Ever since the financial crisis, credit issuers have become increasingly judicious about giving you a credit limit increase. It wasn’t unheard of to be granted an astronomical increase to...