Credit Score Archives - AcCounting Your Points

The image is a pie chart titled "FICO Score Factors." The chart is divided into five sections, each representing a different factor that affects a FICO score. The sections are color-coded and labeled with their respective percentages:

- Payment History: 35% (blue)
- Amounts Owed: 30% (red)
- Length of Credit History: 15% (green)
- New Credit (Inquiries): 10% (purple)
- Credit Mix: 10% (teal)

How will a student loan balance transfer impact credit?

ByJS April 4, 2017June 4, 2024

I had a friend ask an interesting question this weekend about a balance transfer. His thought was to move his…

A black and white photograph of a busy street scene in Bandon, County Cork, Ireland. The street is lined with multi-story buildings housing various shops and businesses. People are walking along the sidewalks, some are gathered in small groups, and others are engaged in conversation. A horse-drawn cart is visible in the middle of the street, and another cart is parked on the right side. The street appears to be unpaved and slightly muddy. The shop signs and awnings are visible, with one sign reading "STARKEY." The overall atmosphere suggests a bustling town center in the early 20th century.

Credit | Credit Cards

Please Put Away The Debit Card!

ByDW October 28, 2016June 4, 2024

Please, oh please, I am begging you please – stop using your debit card. While your debit card may have been appropriate a few decades ago, it should not be seeing much daylight in 2016 and going forward. Why? Well, your debit card…

Credit

Common Credit Card Myths – Debunked!

ByAcCounting Your Points June 22, 2016June 4, 2024

Let’s play a quick game… …of True or False: Opening a credit card is bad for my credit Carrying a…