3 Ways of Thinking That Could Increase Your Wealth

When money is tight and worries set in our mindset changes. We start to think in the “why did I?”...

A Journey to Financial Literacy and Education

Do you consider yourself to be financially literate?  What about your family members, such as children or siblings?  Do...

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...

Quiz: Test Your Financial Literacy!

As part of Financial Literacy Month, we are testing your financial knowledge! Are you confident about your finances? Take...

Ask FICO: Is It a Good Idea to Close a Credit Card?

Ask FICO is a new Q & A column where our credit scoring expert, Tom Quinn, answers common credit...
Personal Finance
3 Ways of Thinking That Could Increase Your Wealth
Personal Finance
A Journey to Financial Literacy and Education
Personal Finance
Welcome to Financial Literacy Month – April 2017
Credit Cards, FICO Scores & Credit Reports, Personal Finance
Quiz: Test Your Financial Literacy!
FICO Scores & Credit Reports
Ask FICO: Is It a Good Idea to Close a Credit Card?
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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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Credit Cards

 

Recent posts

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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Identity Theft

Why Your Phone Number Is Valuable to Hackers

Last time we met, I explained why your email account is valuable to hackers—what value it has and how it could be used to gain access to more of your coveted personally identifiable information (PII) than you might think. But it’s not just your email that hackers want; they want your phone number, too. How can your number used for identity theft? Read on.

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Financing & Loans

Home Equity Line of Credit (HELOC): Facts to Know.

The first thing to know about a HELOC is that it’s not the same as a Home Equity Loan. This is important because many people confuse the two and, in certain aspects, they’re at opposite ends of the lending spectrum.

A Home Equity Loan is similar to your primary mortgage in the sense that it’s set for a specific loan amount to be repaid with fixed monthly payments. (This type of loan is sometimes called a “second mortgage”.) Typically, Home Equity Loan interest rates are fixed and fully amortized.

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Popular posts

Ask FICO: Is It a Good Idea to Close a Credit Card?

Ask FICO is a new Q & A column where our credit scoring expert, Tom Quinn, answers common credit score and credit-related questions that you have. Post your questions...

What does the Costco transition from Amex to Citibank Visa mean to your FICO® Score?

I love shopping at Costco. In fact, I got an Amex Costco TrueEarnings Credit Card because I can use it to pay for purchases both in and outside of...