Category Archives: Credit Scores

Your Credit Score Could Make or Break Your Love Life

graph illustrate odds of forming a relationship to credit score

While it may not surprise you that having good credit contributes to one’s general attractiveness, recent data suggests that relationship seekers prioritize high credit scores to a surprising degree over more traditional markers of attractiveness, such as having a nice car or holding a high-status career.’s Chief Scientific Advisor, Helen Fisher, suggests that we […]

State laws are becoming more restrictive, adding an extra layer of protection for consumers

Several Credit Cards

Criminal background checks are commonplace Applications for certain employment positions. But what about credit checks? Is a job applicant’s credit history relevant for employment? May an employer lawfully check a job applicant’s credit?   State and local laws are becoming more restrictive, adding an extra layer of protection for consumers over and above the federal […]

Sloppy Credit Bureaus, Sketchy Credit Doctors Slammed by Trifecta of CFPB, State AGs, and Consumer Lawyers (4/4)

This is part four of a four-part series that looks at how inaccurate credit reporting is being fought by attorneys, the CFPB, and state AGs. CFPB Nails Credit Repair Doctors: The credit bureaus not only make mistakes, they fail to conduct adequate reinvestigations of disputes or remove inaccurate information. Instead of complying with these FCRA […]

Your Credit Score May Soon Look Better

Person on a Laptop

About 12 million people will get a lift in their credit scores next month as the national credit reporting agencies wipe from their records two major sources of negative information about borrowers: tax liens and civil judgments. The change stems from a lengthy crusade by consumer advocates and government officials to force the credit bureaus […]

CRCs Might Now Ignore Certain Kinds of Data in Calculating Your Credit Score

Loan Application and Car Keys

As the CRCs roll out improvements under NCAP [National Consumer Assistance Plan], tax lien and public records data that historically was used to calculate consumers’ credit scores likely will be eliminated entirely or in part. With those changes in mind, VantageScore 4.0: – Distinguishes medical collections from other types of collection accounts, ignores medical collections less than […]