Your credit utilization ratio plays a large role in determining your FICO credit score. The less debt you have, the better your credit score can be. It can take time to lower your credit utilization ratio, but these simple tips can help you lower or even eliminate credit card debt.

There's no one action that's deemed the best or fastest way to build credit, as it ultimately depends on where your credit stands. In fact, there are many different ways you can build your credit over time.

Lenders use your credit to determine if you qualify for a car loan, and what you qualify for. Your payment history plays the biggest role in determining your credit score. Let's look at how lenders use this part of your credit, and how you can, too.

Getting your credit up and running early in life comes with a number of advantages. If you want to help your kid build credit, you need to give them more just than financial advice.

In an effort to make credit less confusing, here are six common myths associated with bad credit that can be debunked.

Starting in 2019, FICO is launching the UltraFICO program, which may give you a higher credit score if you’re applying for a loan for big ticket items, such as a car or house, and it might even get you a better interest rate, as well.

If you own a car free and clear, but need some quick cash, you may find yourself leaning toward a title loan. This could be the first step down a slippery slope – one you should avoid. Here, we discuss just how dangerous these loans are and why.

The subprime auto lending market has received plenty of flak in recent years. Subprime loans, which are made to consumers with lower credit scores and are therefore seen as riskier, get a lot of blame for rising delinquency rates over the past couple of years. However, new research from Equifax is showing that any such blame is largely misplaced.

You've probably heard plenty of horror stories about how people have ruined themselves financially by building up mountains of credit card debt. However, millions of consumers use credit cards every day without ever running into trouble.

‘Tis the season to be spooky, but having no credit can be downright scary. These “credit ghosts” haunt the world searching for lenders to no avail, because these borrowers don’t have any credit history to indicate how they might handle a loan.