by Brian Action | Jun 28, 2021 | Articles, Credit 101
Traditionally, anyone who applies for a credit card must undergo a credit check to get approved. The credit card issuer pulls the applicant’s credit report and credit score to determine whether to approve them for a card. But this process locks out many individuals... 
by Brian Action | Jun 22, 2021 | Articles, Credit 101, Featured Articles
Most credit cards allow the primary cardholder to add another person, like a friend or family member, to their account as an authorized user. Authorized users don’t have to submit a credit application themselves, but once added they can legally make purchases on the... 
by Brian Action | Jun 8, 2021 | Articles, Credit 101
As college students spend the summer working or taking summer courses, now is the time to work on establishing financial independence before they graduate. Having a strong credit history can help students apply for loans or credit, get an apartment or even land a job.... 
by Kristin Austin | Jun 2, 2021 | Articles, Credit 101
The “buy-now-pay-later” trend (BNPL) is rapidly becoming a preferred method of payment, but consumers should understand how these plans work to avoid some related pitfalls, such as negatively impacting their credit. BNPL is marketed as an alternative to credit cards... 
by MyScoreIQ Staff | May 3, 2021 | Articles, Credit 101
Receiving calls from debt collectors can be highly intimidating, whether you thought you were all paid up, or you knew you had old unpaid debts. Debt collectors may act aggressively on the phone to get you to pay them ASAP, so it’s important to remember that you have... 
by MyScoreIQ Staff | Apr 26, 2021 | Articles, Credit 101
Individual consumers aren’t the only parties who get assigned a credit score. Businesses also have credit scores, and they are used by creditors and other third parties to evaluate the financial health of a company. When businesses wish to take out a loan, the lender...
