Why Is My Boyfriend’s Credit Card On My Credit Reports?

Why Is My Boyfriend’s Credit Card On My Credit Reports? Credit Cards by John Ulzheimer Share Share Email The following question was submitted as a comment to one of my articles, via Facebook. “John, I have an error on my credit report and I need to get it corrected. My boyfriend’s credit card is on […]

Will it hurt my credit if I’m denied for a loan or credit card?

Will it hurt my credit if I’m denied for a loan or credit card? Auto Loans by John Ulzheimer Share Share Email When you apply for credit, the potential creditor reviews your credit report and this act is recorded on your credit reports as an “inquiry.”  This inquiry simply indicates that you’ve applied for credit […]

Can I Get An Auto Loan With Bad Credit?

Can I Get An Auto Loan With Bad Credit? Auto Loans by John Ulzheimer Share Share Email Periodically the Professional Risk Managers’ International Association (PRMIA) conducts a survey of bank risk professionals and lenders on behalf of FICO, the company that invented the credit score.  A recent survey was conducted in June 2012 and received […]

How Healthy is Your Credit Score?

How Healthy is Your Credit Score? Credit Report by Maria Shahid Share Share Email Your credit score is one of the most critical numbers in your financial life. Whether you’re applying for a new credit card, personal loan, or a mortgage, it is vital to know your credit score so that you have the proper […]

What’s a Good FICO Score?

What’s a Good FICO Score? Credit Report by John Ulzheimer Share Share Email One of the most common questions I’m asked is what constitutes a good FICO score, bad FICO score, great FICO score, horrible FICO score, average FICO score, etc?  Here’s the deal on the quality of your FICO score…it’s going to depend.  It’s […]

Can Medical Bills Hurt My Credit Scores?

Can Medical Bills Hurt My Credit Scores? Credit Monitoring by John Ulzheimer Share Share Email Medical providers such as hospitals, doctors, and clinics don’t normally send information to the credit bureaus. Medical bills are not usually reported to the credit bureaus unless the bills have been either turned over or sold to a collection agency. […]

Does My Income Impact My Credit Score?

Does My Income Impact My Credit Score? Credit Report by John Ulzheimer Share Share Email You would think that a person with a high income would also have a high credit score, but that is not necessarily true.  It depends upon how they pay their bills and how much of their credit they use and […]

CFPB to Suggest Changes to CARD Act Addressing Stay-At-Home-Mom Issues

CFPB to Suggest Changes to CARD Act Addressing Stay-At-Home-Mom Issues Credit Cards by John Ulzheimer Share Share Email Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), announced he will propose a change to the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 and Federal Reserve regulations that critics have charged bars […]

What’s a Thin Credit File?

What’s a Thin Credit File? Auto Loans by John Ulzheimer Share Share Email “John, I applied for a credit card and I was turned down because of a “thin” credit report.  What in the world is a thin credit report?”

How Can I Shop Around For The Best Credit Card Rates?

How Can I Shop Around For The Best Credit Card Rates? Credit Cards by John Ulzheimer Share Share Email I got a great question from a consumer recently about rate shopping. The question was so relevant that it warrants a short blog on the topic.  Here it is…