What is a FICO Score?

What is a FICO Score?

A FICO score is a credit score that is used by major credit bureaus to measure the credit standing of an individual. It is one of the most widely-used credit scoring systems in the world.  FICO stands “Fair, Isaac, and Company”, which was named after the company that...
The Future of Credit Cards

The Future of Credit Cards

Imagine a car in space. On February 21, 2018, people gathered to witness Elon Musk’s SpaceX as they launched a new megarocket with a Tesla car on board. This is said to be the most powerful rocket that blasted off in history. Amazing, isn’t it? Falcon Heavy, which was...
Should I Pay Cash or Credit?

Should I Pay Cash or Credit?

Cash and credit are examples of payment method that we can use in our daily needs. Credit allows us to borrow money and pay it at the end of the month or pay an interest fee. Cash is most commonly used for transactions, for every purchase you just hand over the bills...
How Divorce Can Affect your Credit Scores

How Divorce Can Affect your Credit Scores

Financial stability is an important factor to consider for married couples. Unstable finances often cause conflicts between spouses and can be a heavy burden in a marriage. A worst case scenario is it may lead to divorce. While divorce proceedings (and the divorce...