Why your email account is valuable to hackers

Identity is a funny thing. I used to think I knew exactly what it was made of—Social Security number,...

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....

Can a home warranty save you money?

Before talking about the pros, cons and potential money savings a home warranty can offer, it’s a good idea...

The Fair Credit Reporting Act and Credit Reporting Agencies

The Fair Credit Reporting Act (FCRA) is a complex piece of legislation designed to promote the accuracy, fairness, and...

Protecting Your Credit When Disaster Strikes

In the wake of natural disasters such as Hurricane Matthew, you may be struggling to get your life back...
Identity Theft
Why your email account is valuable to hackers
Financing & Loans
Home Equity Line of Credit (HELOC): Facts to Know.
Personal Finance
Can a home warranty save you money?
FICO Scores & Credit Reports, Identity Theft
The Fair Credit Reporting Act and Credit Reporting Agencies
Credit News & Current Events
Protecting Your Credit When Disaster Strikes
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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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Recent posts

Financing & Loans, Personal Finance

Paying down debt vs. investing and saving. What’s the right choice?

Everyone’s financial situation is different, so the money decision(s) you make must be based on your current financial condition as well as where you’d like to see your financial status in the future. Sure, there are many rules of thumb when it comes to investing, saving, debt payments and more, but when it comes down to it, any decision you make must be built around your actual financial situation, not what others think it should be or what you wish it was.

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Personal Finance

Money 911: Establishing an emergency fund

They happen all the time: those unanticipated expenses caused by illness… auto problems… job loss… appliance breakdowns… and the list goes on. Sure, they’re all part of life, but where’s the money supposed to come from to help pay for them? That’s where an emergency fund comes in handy.

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Personal Finance

College savings – Facts and tips for parents

You know the saying, “The early bird catches the worm”. Well, when it comes to saving for college, the same idea holds true, but it’s more like, “The early bird catches financial peace of mind”.

It may seem as though your child’s college years are light years away, but time goes quickly and the last thing you want is to be caught financially unprepared for your child’s education. (Okay, it might not be the last thing you want, but it’s probably close.) So how do we stop that from happening? Read on…

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Personal Finance

When the wedding is over: Merging money after marriage

When you search online for “list of marriage conflicts”, there is always one particular cause of conflict that appears in the Top 5: Money.

There are a number of complex psychological reasons why money causes stress and strife within a marriage. Perhaps one spouse has a fear of not having security; there’s a lack of trust within the relationship; there’s a fear that one spouse doesn’t have respect for the other’s monetary values… and the list goes on.

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Personal Finance

How to cut monthly expenses to make a major impact on your budget – not your life

For those of us trying to save money, cutting expenses can often feel like an overwhelming task. We sometimes think we need to get rid of something “big” in order to get spending down to a manageable number. The problem with that approach is that typically the “bigger” the item we lose, the larger the impact on our life. The trick is to make enough “smaller” cuts so that the changes are imperceptible – well, at least almost imperceptible.

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Personal Finance

Mutual funds vs. stocks: Which option is right for you?

Mutual funds… stocks… ETFs… bonds…CDs… TIPs… and that’s just the beginning of the list of potential investment vehicles. Unfortunately for many of us, when there are too many choices, confusion sets in and that leads to inaction. Not because we don’t want to take action, but because we don’t know what action to take.

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Financing & Loans

Is a mortgage refinance right for you?

You’ve probably heard it a hundred times: “Mortgage rates are so low right now you have to refinance!”. But is it true? Does refinancing make sense for you?

Everyone’s circumstances are different. Loan balances, interest rates, remaining months on the loan – they all vary depending on each individual situation. However, there is one thing that is, and always will be, the same for everyone: math. And it’s only after you “do the math” that you should make the decision whether or not to refinance.

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Popular posts

Money 911: Establishing an emergency fund

They happen all the time: those unanticipated expenses caused by illness… auto problems… job loss… appliance breakdowns… and the list goes on. Sure, they’re all part of life, but...

Student loan basics – from taking one out to paying it back.

Student loans. We’ve been hearing about them everywhere. From newscasts to talk shows to political debates, everyone’s talking about student loans – or more precisely – student loan debt.