How do I protect my credit rating?

Answer Credit ratings reflect your suitability to incur and service debt (i.e., take out/repay loans). Credit-worthiness reflects not only your current financial health, but also your historical bill-payi... Read More »

Top Q&A For: How do I protect my credit rating

What is the highest rating you can get on a credit rating?

The FICO credit score ranges from 300 to 850, with 850 being the highest possible score. The FICO score, calculated by the algorithm created by the Fair Isaac Corporation, is the most widely used c... Read More »

What rating is a credit rating of 780?

A credit rating of 780 shows that you have near perfect credit and will likely qualify for the best rates lenders have to offer. According to the Fair Isaac Corporation, only about 40 percent of pe... Read More »

Does it hurt a credit rating to cancel a paid off credit card?

Closing a paid off credit card can lower your credit score because that card will no longer report that you are on time with your payments each month. In addition, it will increase the percentage o... Read More »

How to Improve Your Credit Rating If You Have Insufficient Credit History?

According to MyFico, your FICO score ranges from a low of 300 to a high of 850. The higher the score, the better. If you have insufficient, or limited, credit history, you will need to establish ne... Read More »