As you probably know, your credit score is considered your statement of credit risk. Basically, it is a number that represents your likelihood to repay your debt on time. So, what causes your credit score to fall then? The following list will give you an idea of what causes your credit score to fall. These [...]

Each day, I am inundated with questions from my readers. If you want to send in a question send it to admin@yourfinancessimplified.com. Here is one that I received recently that I want to share with you. I’m trying to increase my credit score as much as possible, but it seems to be very stagnant. I’m [...]

Background: A definition of Credit Score.   As you probably know, your Credit score is the result of a complicated calculation. To get to your credit score, the credit bureaus inspect five different areas of your financial situation including:   HISTORY: Do you pay your bills on time, are you always late, never late, that [...]