Explore average credit scores among U.S. racial groups and discover factors creating disparities. Learn why some groups face ...

Discover what a zero balance card is and learn how it can benefit your credit score by reducing debt and managing your credit ...

The average FICO credit score across the U.S. has fallen for a second year in a row. The latest statistics from Fair Isaac ...

Closing your oldest credit card can trigger a drop in your credit score for reasons most people never see coming.

Regardless of whether you’re applying for a high-end rewards credit card or a mortgage or an auto loan and you’re trying to ...

Building positive credit is an imperative part of life. Without a healthy credit score, not only will it limit your ability to rent or buy a home, but it will also affect how much you pay for ...

Your credit score is influenced by the variety of credit products you hold. This balance between secured credit, such as home ...

Also keep in mind that there are many different credit scoring formulas in use today, so you don’t have just one credit score: you have dozens. FICO and VantageScore are the two main providers, but ...

To minimize the impact on your credit score when closing a card, ensure that there is no or minimal effect on your credit mix. This way, any slight decrease in your score will be temporary. If ...

Negative entries like late payments and charge-offs stay on your credit report for seven years - this is what's known as the "seven-year rule." ...

Dear Pat: It is true. You would add this adult (at least age 18) as an “authorized user” to your account by calling your ...