This might be the most expensive myth in personal finance. Saunders said people think keeping a balance on their credit card proves they’re using credit responsibly. “[The myth is] that carrying a ...

Negative marks on your credit report can hurt your credit score and affect your ability to qualify for loans. Here’s how to ...

From data entry mistakes to the results of identity theft, errors on your credit report can lower your credit score. That in turn can limit your ability to qualify for favorable interest rates on ...

Your credit score affects everything from your mortgage rate to whether you can rent the apartment you want. But despite how important it is, many people believe myths about credit that can actually ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. A strong credit score is one of the most valuable tools in ...

Your credit score feels like one of those mysterious numbers that controls your financial life, but you might not know anything about improving it quickly. Can you actually boost your score in weeks ...

This Redditor is in a regrettable situation, and his mother has knowingly done this to him. There is no question that the Redditor has a long road to recovery in terms of his credit score. The ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

Many people don't understand why a common strategy that can help them pay down that debt — paying bills on time — isn't all it takes to improve their credit. Separating fact from fiction is essential ...

Right now, Americans are carrying a total of $1.23 trillion in credit card debt. So, if you're trying to fix your credit, you ...

If you have a thin credit file, you may have difficulty qualifying for loans and credit cards. So, what is a thin credit file ...

Your credit score is the key to your financial future: It can determine whether you get approved for a credit card, car loan or mortgage, and what interest rate you'll pay. In some cases, your score ...