All posts by staff


Credit Score Can Impact Your Employment Prospects

In Western economies, using credit profile in considering selection of a candidate for a job has been prevalent for quite some time now. There are valid reasons for it. It is a common practice that employers avoid hiring individuals with criminal background due to the possibility of the individuals engaging into criminal activities, which may affect the reputation of the employer. However, a bad credit score also has a blemish attached to it. A bad credit score in general is seen as an irresponsible behaviour of an individual. Inability to pay on time reflects that the person is not capable of take care of things. Continue reading


10 Side Effects of Bad Credit, How Bad Credit Affects Your Life

As you’re maxing out your credit cards and ignoring your bills, you might not consider the effect it’s going to have on your credit. Credit card payments and level of debt have the biggest impact on your credit score. Mess up in these areas and your credit score will plummet.

“What’s the big deal with a low credit score,” you might ask. Since so many businesses now judge you based on your credit score, having bad credit can make life extremely difficult from getting a job to getting a place to live. Here are some of the most common side-effects of bad credit.

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FICO vs. FAKO: What’s Your Real Credit Score?

There are a lot of different credit scores out there, and this has naturally led some consumers to ask: Which scores should I pay attention to, and what’s my real credit score? People gravitate to the well-known FICO score, (FICO) by all accounts the market leader in credit scores (meaning more banks use FICO scores than other scores). In fact, many refer to non-FICO scores as “FAKO” scores, but is that moniker accurate? Let’s take a step back and look at the credit score landscape. Continue reading


4 Ways a Fair Credit Score Could Cost You

Having a fair credit score in the 630 to 689 range can be incredibly frustrating. Although you’ll probably qualify for loans and credit cards, the lowest interest rates and best credit card deals will continue to elude you. What’s more, having an average credit score can actually cost you money. If you want to improve your score, but lack the motivation to do so, take a look at these four ways that your fair credit score is hurting you. Continue reading


Fair Credit Can Keep You From Getting an Apartment

While fair credit isn’t the worst, an “average” credit score could make it more difficult to not only get a credit card with a reasonably low interest rate, but also to find an apartment.It’s true, landlords and property management companies often run credit checks on potential tenants. And even though your credit might not be rock-bottom, it could put you out of the running for some stricter rental policies. Continue reading