credit score Archives - Page 2 of 4

What Is an Unscorable Credit Score?

An unscorable credit score means your credit file doesn’t have enough data for a scoring model to generate a number. It’s not a bad score — it’s the absence of one. And counterintuitively, that can be just as big a problem as a low score when you’re trying to get approved for a loan, a credit card, or even a rental. Related: why is my credit score not updating — worth reading if this applies to you.

People with unscorable profiles are often genuinely creditworthy — they pay their bills, they’ve never missed a rent payment, they just haven’t used traditional credit products. The problem is that lenders can’t evaluate what they can’t see. If there’s nothing in your file to measure, most lenders default to “no.” For a full explanation of prescreened offer for credit, I wrote a dedicated post on that.

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Do Collection Agencies Report to Credit Bureaus?

Buyers ask me about collections more than almost any other topic. Usually it goes something like this: they’ve got a collection on their report, they want to buy a tradeline to boost their score, and they want to know if it’ll work. The honest answer starts with understanding what a collection actually does to a report — and yes, collection agencies do report to credit bureaus. That’s the short answer. The longer one matters more.

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Married Credit Score: What Changes and What Doesn’t

One of the most persistent myths in personal finance is that getting married somehow combines your credit scores into a single “married credit score.” It doesn’t work that way — and understanding why matters a lot when you’re about to make major financial decisions together. Your credit files stay separate after marriage. What changes is that your financial choices start overlapping in ways that can affect both of them. Related: credit repair for veterans — worth reading if this applies to you. If the marriage is ending rather than starting, credit repair after divorce covers what actually helps.

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Pay the Collection Agency or Original Creditor?

People ask me this more than you’d think — not because I’m a debt expert, but because people who are cleaning up their credit to buy a tradeline often have collections sitting on their report. It’s a fair question, and the answer isn’t always “just pay someone.” Here’s how I’d think about it.

should i pay a collection agency or the original creditor

Derogatory Public Record: What It Means for Your Credit

Buyers who come to me looking for a tradeline sometimes mention a derogatory public record on their report like it’s a death sentence. It’s not. But it is a serious item — the kind that stays on your credit profile for years and requires an honest understanding before you can figure out what to do about it. For a full explanation of public record on credit report, I wrote a dedicated post on that.