by Rick Rose | Feb 26, 2025 | Credit Education
Understanding Credit Utilization What Is Credit Utilization? So, let’s break it down. Credit utilization is the amount of credit you’re using compared to your total available credit. If you’ve got a credit card with a limit of $5,000 and you’re carrying a balance of...
by Rick Rose | Feb 24, 2025 | Credit Education
Understanding Credit Inquiries What Are Credit Inquiries? So, let’s start with the basics. Credit inquiries are those little checks that financial institutions conduct to see how you’re doing on the credit front. Think of them as a peek into your financial history....
by Rick Rose | Feb 24, 2025 | Credit Education
Understanding Credit History What Is Credit History? So, let’s kick things off with the basics! Your credit history is essentially a record of your borrowing and repayment activities. It shows lenders how you’ve managed credit in the past, including credit cards,...
by Rick Rose | Feb 23, 2025 | Credit Education
Understanding Credit Scores and Their Importance What Makes Up Your Credit Score? First things first, let’s break down what actually makes up your credit score. It’s like a recipe, and each ingredient has its own weight in the final dish. Your payment history is king,...
by Rick Rose | Feb 21, 2025 | Credit Education
The Importance of a Variety of Credit Accounts Understanding Credit Types When I started my credit journey, I knew I needed to establish a good score. But what really opened my eyes was the realization that there are different types of credit accounts. You’ve got...
