Credit Q&A: How Is My Credit Score Calculated?

Credit scoring models are numerous, but most models look at the same major categories.

5 steps to a better credit score

How is your overall financial health? Do you know what your FICO score is? Do you even know what FICO stands for? If improving your credit score is one of your resolutions for 2012, there is hope.Your FICO score, which stands for Fair Isaac Corporation (the company who created the formula) is something you can check for free annually through three different credit bureaus.

Is it wrong to close a credit card account?

Credit Cards » Is It Bad To Close A Credit Card Account? Dear Credit Card Adviser,I have several credit cards for independent stores I opened because of special discounts they offered. I charged purchases, ...

Wealth Club: It's Easy to Get Your Credit Report. Here's How

In our  financial advice column  for the centsless, Michael Fleck fields questions on how to get your money right. Send your queries to wealthclub@goodinc.com. I read your interview with Suze Orman last week, and thought it was very informative, but I still don’t really have a good understanding of how the credit score is calculated, and how they even get my information! I want to look into my ...

Wife's bad credit doesn't have to ruin her husband's

fter paying off delinquent card and school debt, a wife wants her credit score to rise -- but not at the risk of ruining her husband's good credit