(Alec Peden)

Bill Would Allow Consumers To Get Free Credit Score When Receiving Free Credit Reports

Right now, U.S. consumers can check each of their three credit reports — from TransUnion, Equifax, and Experian — once a year for free through AnnualCreditReport.com, but getting your actual credit score will probably cost you. Legislation introduced today seeks to remedy this issue. [More]

(frankieleon.)

“Hey Baby, What’s Your Credit Score?” Is Apparently An Acceptable Courting Question Now

Even if you don’t want to now your credit score for your own financial awareness (which really, you should know it) a new trend on the dating scene implies that you might need to come to dates armed with such knowledge. And we say “armed” because if you’ve been in the dating trenches lately, you know it’s a war out there. Apparently the latest onslaught against your character could come not from being unversed in current affairs, but in having a low credit score or not knowing where your credit ranks at all. [More]

(stevegarfield)

Former Customer Claims Comcast Error Ultimately Cost Him $26,000

When a man in Washington, D.C., canceled his Comcast service in 2010, he probably had no idea that this decision could set off a chain of events that would damage his credit and have him paying more for to refinance his house — and ultimately ending up pleading his case in a U.S. District Court. [More]

(jessemoya)

Credit-Repair Scammers Hit With $7.4 Million Penalty, Continued To Break Law

I don’t know about you, but if I’m running a scammy business and get hit with a $7.4 million penalty from the federal government, I’m at least going to think twice about running the same scam again. And yet, a Florida couple completely disregarded court orders by continuing to sell people on their illegal credit-repair system. [More]

(Artnchicken)

We Would Like To Shake The Hand Of The Man With A Credit Score Of 848

If you know what your credit score is (and you should), you might know that the best possible score is 850. So the fact that there is a man who has a score of 848 might just impress you — and maybe simultaneously make you super, super jealous that he’s managed to pull that off in this economy. As he explains it, it’s not that he doesn’t have debt. He’s just very wise about how he handles it. [More]

(Plankton 4:20)

One-In-Five Consumers Seeing Significantly Different Credit Scores Than Creditors

Much is made about how much impact your credit scores has on your ability to get a loan, live a happy life and be a good human being. But a new report from the Consumer Financial Protection Bureau claims that one-in-five consumers are seeing scores that are significantly different from what lenders see. [More]

How Capital One Didn't Send One Bill And Cost Me Thousands Of Dollars

How Capital One Didn't Send One Bill And Cost Me Thousands Of Dollars

Alyssa had a perfect credit score. Once. Not too long ago. Before Capital One. She has a card for her small business, and made a small charge around the time that her baby was born. She didn’t receive a statement from Capital One, didn’t remember that there was a charge in the fog of new-mom hormones and things to do, and didn’t pay the nonexistent bill. Months of unpaid bills caused a 200-point drop in her credit score, just as she happened to be applying for a mortgage. Now that one unpaid bill she never got will cost her thousands of dollars. [More]

How Much More Expensive Is It To Have A Bad Credit Score?

How Much More Expensive Is It To Have A Bad Credit Score?

Most people know that having a less-than-perfect credit score makes it more difficult to get a loan. And for those who can manage to be approved for a loan or new credit card, it also means they will end up with higher payments. [More]

Does A Bad Credit Score Mean You'll Be Bad At Your Job?

Does A Bad Credit Score Mean You'll Be Bad At Your Job?

A growing number of employers are running credit checks on potential hires before making a job offer. Unfortunately, there are a large number of people out there whose credit reports are still marred by the recent and ongoing economic troubles. So does it make sense to consider an applicant’s credit history? [More]

How Lower Credit Scores Cost You More Money

How Lower Credit Scores Cost You More Money

People talk a lot about credit scores. Bands play songs about them in TV ads that try to sell you credit reports. It’s generally known that a higher score is better than a lower score. But what really is the difference between a person with a 820 and one with a 620? Is one a better person than the other? Not necessarily, but the person with the 620 score can expect to pay $227 more a month on a $216,000 30-year fixed rate mortgage. Here’s the breakdown. [More]

Freeze Your Credit Report

Freeze Your Credit Report

One way to protect yourself from identity theft is to “freeze” your credit report. This means that no new lines of credit can be opened in your name because lenders are prevented from taking a look at your credit report. This stops identity thieves from opening credit cards under your name and going on spending sprees. It also means extra hassle for you when you want to legitimately open credit. There’s always a tradeoff between security and convenience. Here’s how to do it. [More]

Quick Fixes To Up Your Credit Score

Quick Fixes To Up Your Credit Score

Sweeping things you can do to improve your credit score, such as paying off large loans, aren’t the only moves you can make to appear more attractive to lenders. Small, immediate fixes to your personal finances can go a long way toward your goal. [More]

Denied For A Credit Card Or Loan? Lenders Will Soon Have To Show You Your Credit Score & More

Denied For A Credit Card Or Loan? Lenders Will Soon Have To Show You Your Credit Score & More

If you’ve ever been turned down for a credit card, auto or student loan — or maybe your application was accepted but you didn’t get the best interest rate — and wanted to see a copy of the actual credit score used in the lender’s decision-making process, you were probably out of luck. But starting July 21 lenders will be required to show you the score. [More]

Get A Free FICO-esque Score From Credit Sesame

Get A Free FICO-esque Score From Credit Sesame

Credit Sesame is an advertising-supported service that gets you your credit score for free. No hidden fees, singers in Renaissance garb or gotchas. It’s not quite your FICO, but it’s close. [More]

TransUnion Wants You To Share Your Credit Score On Facebook

TransUnion Wants You To Share Your Credit Score On Facebook

Social media may have created a culture of over-sharing, but what’s too personal to share with your Facebook friends? Michael was checking his credit report, and was surprised to see a “Share on Facebook” button directly below his credit score. [More]

Trying To Ruin Your Ex's Credit Score Is Not A Good Way Of Getting Revenge

Trying To Ruin Your Ex's Credit Score Is Not A Good Way Of Getting Revenge

When a romance goes south, it’s not unheard of for at least one of the parties involved to begin dreaming up clever ways to continue making the other person’s life hell. And one thing you definitely don’t want to do is try to screw with your ex’s credit score. [More]

Someone Explain To Experian How American Express Cards Work

Someone Explain To Experian How American Express Cards Work

How does American Express work? Michael writes that Experian doesn’t seem to understand how the company’s credit limits work. His card technically has no limit, and this confuses Experian. They coped with the confusion by showing that instead of having theoretically infinite available credit, he had $0, making his pristine record look pretty bad to potential lenders. [More]

Being 30 Days Late On House Payment Can Knock 100 Points Off Credit Score

Being 30 Days Late On House Payment Can Knock 100 Points Off Credit Score

Usually very closed-mouth about how it calculates scores, FICO released a whole bunch of data about how being late on your mortgage payments affects your credit score. For instance, being 30 days later on a mortgage payment can chop your 780 credit score down to 670. And a short sale or deed-in-lieu of foreclosure will hurt your score just as bad as a foreclosure if the service reports it as having a deficiency amount or an unpaid balance. Yikes! Here’s some sexy tables with more details: [More]