From the category archives:
CoreLogic debuted a new credit report in November that incorporates data from sources that traditional credit scoring models have previously overlooked. These sources will include information on lease applications, mortgages with lenders that don’t report to the major credit bureaus and homes owned without any credit obligation, such as those paid for with cash or [...]
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1. Paying off an account that has been turned over to the creditor’s collections department or a collection agency will increase your credit score. Sorry to start out with what amounts to a trick question. But the correct response is false — most of the time. Only if the account has gone into collections recently [...]
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A fender bender isn’t the only kind of accident that can raise your auto premium. Forget to make a credit card payment, and it might cost more to insure your ride. Most auto, homeowner and other property insurers use a credit-based insurance score to determine how likely it is you’ll file a claim, according to [...]
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