Do Monthly Bill Payments Affect My Credit Score?

Personal Finances

credit score report

You’re working on improving your credit score and being extra careful about paying the bills on time. But, since you don’t see these payments reflected in your score, you might be wondering: Do monthly payments, like utility bills, count towards a credit score?  Unfortunately, making your monthly payments will not affect your credit score.  However, if you’re delinquent on a …

Changes In The VantageScore System

Personal Finances

Man holding tablet

The VantageScore, which dictates the way credit bureaus — Experian, TransUnion, and Equifax — determine your credit score, is getting a shake-up this fall. It’s wise to learn all you can about these changes so you can make the necessary adjustments to your credit behavior. Lucky for you, we’ve made it easy! Read on to learn all you need to …

Credit Cards Or Debit Cards – What’s The Smartest Swipe?

Personal Finances

Young, smiling, man sitting cross legged on couch with laptop on lap holding debit card in one hand and giving a thumbs up with the other: 2 boxes stacked placed next to him

Most people own at least one debit card and at least one credit card. Although it may not seem like it, there are many differences between the two. Each time you use a credit card, you’re borrowing money. You’ll need to pay that money back to the credit union along with interest. A debit card, on the other hand, simply …