New to credit? When starting out your credit report won't have much on it. Explore what products are available and how best to get your credit growing.
When it comes to obtaining the bare necessities, a person’s credit history can impact a number of important factors. For people with bad credit in particular, the negative consequences can cause several disadvantages to one’s quality of life.
The average US FICO score hit a record high of 703 in 2019, as more Americans continue to monitor their credit reports through a wealth of free online services. While that may seem all fine and well, with 66% of US citizens having a good to exceptional FICO score (670-850), that still leaves 34% of Americans with a fair to very poor score (300-669).
A healthy credit history is the key to unlocking great credit card deals. Below, we’ve listed 5 simple ways you can build up your credit score no matter where you’re starting from.
When applying for credit cards, first-time borrowers can feel like first-time job seekers. Credit card providers will use your credit history to determine your creditworthiness, just like possible employers ask about work history. Without any experience, employers often won’t take a chance on a first-time employee.
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