Tips, News and Advice from Credit Card Assist

Credit Score Tips & Advice

In our “Credit Score” blog section, we provide a deep examination of the various factors in credit scoring and how lenders and credit card issuers use credit scores as a primary factor to underwrite loans and credit cards. With credit scoring such an important factor in personal finance, we provide the latest information, tips and advice on credit scores, including how to rebuild or maintain your credit score and give yourself the best chance at the most attractive low interest rates and terms available.

FTC Says 26% of Credit Reports Contain Errors. Does Yours?

March 11, 2013

Have you checked your credit report lately? If you’re among the 80% of Americans who haven’t, you definitely want to get on top of that. The Federal Trade Commission estimates that around 26% of all credit reports contain errors – and we’re not just sweating the small stuff here, like incorrect addresses. Many of these […]

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Will Non-Traditional Credit Scores Do You More Harm Than Good?

March 8, 2013

As we all know, our FICO score plays a huge part in determining whether we’ll deemed creditworthy, but something new is up in the credit industry. The recession caused the credit scores of many consumers to take a serious dive, and as a result, the number of customers who were eligible for credit cards grew […]

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Serious Inquiries Only: How Too Many Inquires Can Affect Your Credit

December 7, 2012

“Serious inquiries only” is a phrase you probably associate with Craigslist postings for apartments or puppies, not something that comes to mind when you’re thinking about your credit score. But it should. Every time someone asks to see your credit report an “inquiry” is noted, and these inquiries impact your score. Which matter, which don’t, […]

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Getting a Loan Without A Credit Score Using Alternative Credit

June 2, 2012

So you don’t have an excellent record with the traditional credit-monitoring bureaus. Okay, but that doesn’t mean that you can’t get a loan for a house or a car. Although traditional credit – the kind that’s defined by charging and repaying our credit cards – is the most common thing that lenders look at to […]

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Cardholders in India are Raising Their Credit Scores

June 1, 2012

A report by the Credit Information Bureau of India (Cibil) shows that the credit card industry is bouncing back after the global financial crisis that begin in 2008. Credit card defaults are dropping and the average credit score is rising. The percent of cardholders with an average score at or above 800, rose by 39% […]

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BBB Warns Consumers About Credit Report Scam

May 21, 2012

MADISON COUNTY, Ala.- The Better Business Bureau is warning consumers about a new credit card scam. It involves thieves stealing people’s debit and credit cards and using them to purchase credit reports which show the consumer’s personal information. The fraud was discovered when numerous phone calls were received from North Alabama residents who noticed charges […]

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Low Credit Scores Still A Huge Problem For Many Consumers

May 1, 2012

While the economy seems to be improving in many cases, for some, a low credit score is still a problem, and because those who had financial problems during the recession are the most likely to have suffered low credit scores, that could be a serious problem. Lenders are tightening their standards seriously, and that may […]

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Credit Cards for Bad Credit Back In Full Force

April 26, 2012

The global recession has resulted in many Americans losing points on their credit score and banks tightening the access to credit. The economy struggles to improve, but many are still unemployed and unable to pay their mortgage or get access to auto loans. Recently, credit cards companies have decided to loosen their belts and again […]

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Fair Credit Borrowers May No Longer Be Able to Get a Credit Card

April 25, 2012

The economy seems to be slowly pulling itself out of the recession, but not all sectors are doing well. For consumers with fair credit, it seems that no card companies want to offer a credit card. According to Ben Woolsey of Creditcards.com, there is a “dead zone” between consumers with bad credit and consumers with […]

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Credit Card Rewards Programs Targeting Affluent Exclusively

April 4, 2012

If you have a good credit rating and a “sufficient” income, credit card companies are actively looking to lure you in with amazing rewards. Currently, companies like Citi and Capital One are offering initial bonus points of up to 80,000 which translate into about $1000. Although the offers are outstanding, they due come with a […]

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