Freezing your credit is now free (and probably makes more sense than ever) In April I wrote an article about the steps Sensible Financial takes to protect our clients’ information along with actions you can take to protect yourself, such as using strong passwords and enabling multifactor authentication where possible. A newly-passed law now makes it easier to protect your credit information. Earlier this[Learn more…]
Credit Health
How to Improve your FICO® score
As I explained in Sensible Financial®‘s Winter newsletter, your FICO® credit scores influence what credit is available to you and under what terms. Derived directly from each of your credit reports at the three leading credit bureaus (Equifax, Experian, and TransUnion), your FICO® scores summarize your credit risk for lenders who are considering offering you[Learn more…]
The FICO® Score – What is it and why should you care?
No financial planning topic is more susceptible to false rumors and misconceptions than the infamous credit score. The term “credit” means debt that has been extended by a creditor (lender) to a consumer, with the promise and expectation that the consumer will pay it back in a pre-determined timeframe, usually (but not always) with interest. [Learn more…]