Yes!
Credit Karma, Credit Sesame, and other identity theft protection or credit monitoring services are safe to use. They will not affect your credit score negatively in any way.
The algorithms know to exclude checks by companies with these classifications.
As far as "putting your information out there online", that's a matter of educating yourself about online security, such as passwords and locking devices such as phones.
Your...
Saturday, March 31, 2018
Thursday, March 29, 2018
Credit Scores 101: Everything you need to know about credit scores
Here's the basics in a nutshell:
As we covered in "What is a Credit Score?", there are primarily two credit scoring companies.
The websites are linked here:
myFICO
Your.VantageScore
We're not going to get into the weeds here, but just so you know, there are many many specific models within each company. There are older models, newer...
What is a credit score?
Your Credit Score Is Not
First, let's get this out of the way. Your credit score is not a "how much money I make the bank score". It's a "risk score". There is a difference.
Example: Often, people are surprised when they find out the balance on your credit cards should ALWAYS be less than 30% of your credit limit. They've been using the...
Tuesday, March 27, 2018
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