As a consumer, your credit score should be very important to you. Not only does it determine your borrowing power, it also holds sway over many other areas of your life — but what if your credit score is wrong?Perhaps you’ve heard the adage, “No one’s perfect.” Well, that also applies to the many models that determine your credit score. Here’s why you need to check your credit report annually In fact, one of the most frequent complaints filed with the Consumer Financial Protection Bureau is regarding errors on peoples’ credit reports.It’s very easy to check your credit report. By law, you are entitled to a free credit report from each of the three major credit reporting agencies once every 12 months.Because mistakes happen fairly frequently, you should get your credit report every year. Here are 5 ways you can get your credit reports Here’s how to get your free credit report from the following main credit bureaus: Equifax … [Read more...] about Why you need to check your credit report every year
Why credit report is important
video US credit card debt hits record $870B by end of 2018 Barron's Associate Publisher Jack Otter on the rise in U.S. credit card debt and its impact on the economy. If you’re a recent college grad, you’ve likely heard speeches about pursuing your passions and believing in yourself, but you probably haven’t heard much about your credit report. Continue Reading Below While it isn’t a sexy graduation topic, it is one that can have a giant impact on your future. As you prepare for your next chapter, here’s what you need to know about credit. Why it’s important Qualifying for mortgages, auto loans, apartments, and even jobs are dependent on your credit history. “Your credit rating comes into play for much more than just borrowing,” says Greg McBride, chief financial analyst at Bankrate.com. MORE FROM FOXBUSINESS.COM... OCASIO-CORTEZ, SANDERS WANT YOUR POST OFFICE TO DOUBLE AS A BANK WANT TO RETIRE … [Read more...] about Attn college grads: Do you know what’s on your credit report?
Yes, getting your credit score is unnecessarily difficult. Here’s why. Image source: Getty Images. Continue Reading Below For such an important measure of your financial health, your credit score isn’t exactly easy to find. It often seems like the credit bureaus keep your score under lock and key, and that they aren’t too keen on sharing it with you. You’d think that it’d be best for consumers if we could all see our credit scores whenever we wanted. Why doesn’t it work this way? It all comes back to the fact that your credit score isn’t just a score -- it’s a product. The business behind your credit score As you may know, there are three separate credit bureaus in the United States: Equifax, Experian, and TransUnion. These three bureaus all maintain credit files on consumers, and based on the information in these files, they also calculate credit scores. What comes as a surprise to many people is that these credit bureaus … [Read more...] about Why Getting Your Credit Score Is Harder Than It Should Be
Iceland is often celebrated for its geothermal pools, breathtaking glaciers and amazing views of the northern lights. But it has another claim to fame: It is apparently the best place in the world to be a woman. For the last decade, the nation of roughly 350,000 people has topped the World Economic Forum’s annual gender gap report, which ranks countries’ progress toward gender equality across areas including economic participation, political representation, education and health. For comparison, the United States came in 51st last year, sandwiched between Mexico and Peru. Iceland also consistently performs well in The Economist’s “glass ceiling index,” which rates the best countries for working women. It placed first in the index in 2016 and third in 2018 (the U.S. came in 19th). The Nordic nation’s progressive attitudes toward women have given it much to boast about. It was the first country to democratically elect a female president, … [Read more...] about Why This Country Is The Best Place In The World To Be A Woman
Hannity is a buffoon,” Ben Holden said, perhaps a bit too loudly. Holden was drinking disappointing sangria with a friend at the bar of the Trump International Hotel in Washington, where he had come last February more out of curiosity than reverence for the president. He was in town for his first Conservative Political Action Conference (CPAC), an event that he took seriously enough to dress up for (dark suit, American-flag tie) but that he was also interested in for its anthropological weirdness. A 23-year-old student at Suffolk University in Boston who is gay and “leans conservative,” Holden planned to take copious notes and write a gonzo-style journalistic piece about a political gathering known as much for its raucous parties as its provocative speakers. Holden wasn’t the only young L.G.B.T. person in the Trump lobby that night. A few feet away, several conservative gay and bisexual journalists and activists reclined on couches. Among them was Charlie Nash, … [Read more...] about For Gay Conservatives, the Trump Era is the Best and Worst of Times