Mr. Credit 101

Achieving a Good Credit Score by Sticking to a Budget

If you're the kind who can't resist sales and likes to shop, chances are you probably don't worry about budgeting your money. Perhaps you've maxed out your credit cards already. Do you find that you're always short of cash? Is your credit score as high as... Read >

Low Credit Score Loans, the Barack Obama Way

For people who have all but given up on the possibility of holding on to their homes because of money problems and difficulty in paying their mortgages, there's hope, a lot of it. President Barack Obama recently signed a stimulus package that includes ... Read >

How Can I Get a Free FICO Score?

You've got your credit report, free of charge, from AnnualCreditReport.com, but you don't want to shell out money to get your FICO score. That's good, you're learning how to save! Now if you apply that principle whenever you want to buy anything - find wa... Read >

Your Free Instant Credit Report – What To Do When the Creditor Won't Budge on Incorrect Informatio

Many people complain that when they find erroneous information on their report and ask their lender to correct it, some just refuse to do anything. Other lenders promise to help and correct the information, but a few months later the erroneous informati... Read >

How Closing Credit Accounts Affects Your FICO Score

We know that credit bureaus frown upon credit reports with too many accounts, and if you apply for more - especially if you don't need it - your credit score will go down. Even people with good credit are affected; some people are told that their scores, ... Read >

What Is a Good Credit Score and How You Can Save Money by Having One

If you're planning to apply for a new credit card or a loan, the amount of interest as well as the payment terms you will get will depend on how high or low your credit score is. Let's look at an example. Let's say you're from Oregon and would like to ... Read >

Who Is Allowed to Check Your Free Annual Credit Report?

The Federal Credit Report Act allows certain parties to check your credit report, and restricts how the information can be used. The following is a list of businesses and agencies that are allowed to request for your credit report: Employers. If you're... Read >

Little Known Ways of Improving Your Free Credit Score

Surviving through an economic downturn is difficult, there is no question about that. However, there are ways you can do this without cutting up your credit card. Your credit card, in fact, will be your lifesaver for emergency expenses -- if you are able ... Read >