What you may not know is that the majority of auto insurance companies determine the rate to give you based in part on your credit score. They use your credit score as well as your driving record and number of claims to create an insurance score. They use this score in part to determine your insurance premium price. Whether it is correct or not, they believe that if you pay your bills on time and maintain a good credit score, you will be less likely to have accidents and file claims.

• Login to post comments

The Marriott Rewards credit card is meant specifically for those who want to earn free stays at Marriott hotels (and at Ritz-Carlton hotels).

• Login to post comments

Just ignoring credit cards won’t guarantee that your child won’t use them — and use them irresponsibly — in the future. Your best option is to teach your children about credit cards, and how they can be used appropriately.

• Login to post comments

Small businesses need working capital for many things such as daily operations, building their inventory, paying off old debts, remodeling or expanding. However, many business owners are faced with the challenging task of finding decent business loans for bad credit. While it is difficult to get a traditional bank loan if you have bad credit, it is not impossible and there are suitable options out there.

• Login to post comments

There are a number of credit scoring models, as well as various consumer credit reports available. However, many of them have a few things in common, and many credit scoring models are based, in some way, on the FICO score.

For most of these scoring models, it is important to realize that just having someone look at your credit can result in a change to your credit score. However, not every credit inquiry is going to be a negative event. There are two main types of inquiries: hard and soft.

• Login to post comments