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Your Facebook Friends Could Affect Your Credit?

Are you ready for the latest Facebook scandal? Apparently, your Facebook friends could affect your credit! They won't affect your traditional FICO score, but there are a handful of new companies that are analyzing your Facebook friends to determine whether you're a safe bet for credit. If you have friends who are delinquent or default on loans, it reflects badly for you.

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5 Tips for Building and Improving Credit

Often as consumers, we refer to improving our credit scores or our credit scores dropping, but do we really know what goes into building a good credit score? The basic components of a score can be classified into five categories: payment history, debt ratio, length of credit history, types of credit, and inquiries. E

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