Tags » Credit Scores

Upcoming Money Mondays

Nelnet is committed to providing the resources you need to help your students develop healthy financial habits during and after college. One resource is our Money Mondays webinar series for students, which covers basic financial literacy topics such as budgeting, credit, loans, and more.  195 more words


How Your #CreditScores are Calculated

We still don’t know how credit is exactly calculated by the 3 bureaus (TransUnion, Experian and Equifax), because they will not release their algorithms. But they have given a percentage of how things are broken down: 237 more words

Taking Out A Home Mortgage? Read These Tips First!

TIP! Even before you contact any lenders, make sure that your credit report is clean. There are stricter credit credentials this year than in previous years, so keep that rating clean as much as you can so you can qualify for the ideal mortgage terms. 1,011 more words

New FICO Credit Scoring Model May Lead to an Increase in Scores for Some Consumers

The company behind the FICO scoring model used by many lenders has announced changes to its scoring formula. FICO reports that past due medical bills which have been sent to collections will have less of an impact than in their previous models. 191 more words


Will Your Credit Score Get A Boost?

The creator of one of the most widely used and influential credit scores, FICO, said that the latest version of its score would no longer weigh medical debts — which account for about half of all unpaid collections on consumers’ credit reports — as heavily as it did in previous iterations. 239 more words

Home Ownership

New Law Brings Good News To Your Credit Scores (Audio)

Mellody Hobson is President of Ariel Investments, a Chicago-based money management firm and she has some great new for those of you that have old medical bill weighting down your credit. 46 more words