My credit score has reached an all-time high during quarantine — and it’s because I’m spending less

Business Insider

In order to entice customers to begin buying things and using their credit cards again, many issuers have revamped their cards’ benefits. That still does not seem to have moved the needle much in terms of consumer spending, though, which dropped nearly 20% in March and April, and only bounced back slightly in May. After


What is considered a bad credit score?

Rick Miller •
New Pittsburgh Courier
Feodora Chiosea

Your credit score is one of the most important pieces of your overall financial equation. However, it’s certainly not the only piece. Lenders will rely on your credit score. They use it to determine how much risk they would assume by giving you a loan.Your score is just a starting point. Your credit report may


Change in FICO formula may ding your score

By Steve Rosen •
Stacked credit cards

A new hurdle awaits many younger consumers who already find it challenging to build a credit history and become good borrowing risks. It’s called FICO Score 10 Suite, an update to the credit scoring algorithms created by Fair Isaac Corp. that are widely used by credit card issuers and other lenders. It is scheduled to