8 Steps to Achieving an "Excellent" Credit Score

December 2, 2019


When you were a child, did you ever beg for your father to build you that magical treehouse?  After you've convinced his heart to go out to the dark and dusty garage to find his rusty nails, old wooden hammer, and several boards from a honey-due project, he eagerly drags these resources to the back yard. 


​What follows are hours of agonizing hot work with nothing but frustration to show off.  Yet, in the end, a father's love persisted, and he managed to preserve in that building what resembles a treehouse.

Building a credit score up to 750, which marks the beginning of an excellent credit score, is very similar to building a treehouse.  It takes hard work, perseverance, and patience.  How do you get a 750 credit score?


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How Late and Partial Payments Affect Your Credit Score

Article by Marcus.com (Goldman Sachs)



Your $300 car payment is due on the fifteenth, but you only have $200 in your account. What’s the best way to solve the situation?


The answer: it depends.


Sending in a partial payment on time might seem better than nothing, but that’s not necessarily the case when it comes to your credit score. You could still be penalized, because some creditors treat a partial payment the same way they do a late payment.


How late and partial payments are treated depends on what type of debt you’re dealing with, as well as on the lender. With that in mind, here’s a quick guide to what you should know about late and partial payments and how they could affect your credit score.


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Facts You Can Use About the Equifax Settlement

Article by ConsumerFinance.gov




In September 2017, Equifax announced a breach that exposed the personal data of approximately 147 million people. Last month, along with the Federal Trade Commission (FTC), and 48 states, the District of Columbia, and Puerto Rico, we announced a global settlement that will provide up to $425 million in monetary relief to consumers. 


Eligibility for credit monitoring 

Under the settlement, all U.S. consumers may request up to six free copies of their Equifax credit report during any 12-month period, starting in January 2020 and extending for seven years. These reports are available in addition to free reports you are entitled to under federal law.


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