The age of your credit history is one of the five key factors influencing your credit score, accounting for up to 15% of the total score. While it may seem like a small percentage, every factor contributes to achieving your optimum score. Different credit scoring models calculate the age of your credit history in various […]

There are time limits for how long negative credit can remain on the report. In reality, there is no “MUST”, and the creditor or the credit bureau can decide to have the negative credit items deleted whenever they please. Except: The FCRA exists to protect against something remaining on a report forever. The credit bureaus […]

FICO® and VantageScore® use proprietary algorithms to produce your credit scores. While there are multiple FICO® score models for each of the 3 bureaus (28 among the three), both FICO® and VantageScore® base your scores on the data currently listed on your credit report on any given day. Fair Isaac Corp. (FICO®) was created in […]