Credit scores: Are you being scored fairly?

Mid-year financial review: Your credit health [The Penny Hoarder Daily]( [Mid-Year Financial Review Week 2: Credit scores and debt]( [Got Your Number]( [What is a credit score?]( For the second week of [our mid-year financial review]( we're focusing on improving your credit health, and that starts with your credit score. Ever feel like you don't really understand your credit score, but somehow it rules your life? That mysterious three-digit number can haunt you when you apply for loans, housing or even employment. But how is it actually calculated? There are a lot of myths and mysteries about credit scores out there, so we're sharing [the facts behind your number](.   [Now That You Understand Your Credit Score …]( Make these moves ASAP. You don't think of yourself as an extravagant spender, but with recent inflation, many people have had to rely on credit cards just to keep up with basic needs. Your credit score may have suffered as a result. If that sounds uncomfortably familiar, [we found some companies who want to help](. [Bump Up Your Score](   [7 Resources To Escape Debt You’ve Never Heard Of]( [7 Resources To Escape Debt You’ve Never Heard Of]( If you’re reading this, there’s a 50% chance you have credit card debt. And if you don’t pay it off every month, you’re draining your bank account with unnecessarily high interest payments. Here are seven resources to help you [break your debt instead of the bank](.   [Money Moves for Regular People]( Most people don't belong to the wealthiest 1%. We can still build great lives for ourselves and our families though. But maybe something like [credit card debt is getting in the way]( so the first move to make is wiping it out. [Ask these companies for money when you can't pay your bills]( [What the Heck Is FICO Anyway?]( When people talk about their credit score, you'll hear one four-letter F-word a lot. That's right — FICO. Is a FICO score the same thing as a credit score? [Yes and no.]( Please, hear us out!   [How to Pay off Credit Card Debt in 2024]( Are your credit cards using you instead of the other way around? We have a handful of debt strategies for you to try. These are different from the debt resources we've shared in other articles today — these are [proven methodologies]( anyone can apply to their unique credit card debt situation.   [We'll Text You More Money Tips]( Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. [Learn more]( about how we make money and select our advertising partners. We’re letting you know because it’s what Honest Abe would do. After all, he is on our favorite coin. © 2024 The Penny Hoarder. All rights reserved. 490 1st Ave S. Suite 800 | Saint Petersburg, FL 33701 | U.S. [View in browser]( [Mailing preferences]( | [Unsubscribe]( | [Privacy Policy](