Use this free FICO Score Simulator (powered by FICO®) to get a sense at what your FICO score is, or to simulate how different credit scenarios (e.g. utilization, number of credit cards etc) affect your FICO score. Real FICO scores …
The term “Key Derogatory” is often used by the credit bureaus to mark a significant negative entry on your credit report. Accounts listed as Key Derogatory (KD) have significant effect on your credit. ““Derogatory” refers to negative information, while ““Key” …
This is a sample letter for closing a credit card account that you can send to the credit card company when you want to close an account. Send your letter via certified mail, return receipt requested, so that you have …
If you have too many credit cards, closing some of them is a good way to simplify your financial life. Having numerous unused credit cards sitting is your drawer is also asking for trouble with respect to fraud and ID …