credit score Archives - The Outlier Model

This Lender Repos 1 In 3 Cars It Finances — How to Avoid This Cycle

Jeff Hoyt / May 2nd, 2018 / No Comments

You frequently hear about America’s crushing student loan debt, but cars are not far behind — especially subprime auto loans. jQuery(window).load(function(){ var s = document.createElement("script"); s.type = "text/javascript"; s.src = "https://moneymade.io/embed/embed.js"; setTimeout(function(){ jQuery('#moneymade-ad-2').append('') ...

Posted in: Personal Finance Tagged with: auto loans, Automobiles, Autos, cars, credit score, debt, Subprime

The Worst Credit Score Nightmares Begin with These Mistakes

Jackie Cohen / February 15th, 2018 / No Comments

Some of the worst credit score nightmares actually start out with deceptively simple mistakes. Things progress from bad to worse more often than happening suddenly. Jackie CohenJackie Cohen is an award winning financial journalist turned turned financial advisor obsessed with climate change risk, data and business. Jackie holds a B.A. Degree from Macalester College and an M.A. in English from Claremont...

Posted in: Personal Finance Tagged with: Cash, credit card, credit score, Divorce, identity theft, money, Payment, travel, Travelers Check

Why You Should Care About Your Credit

Chonce Maddox / September 6th, 2017 / No Comments

There’s this sentiment buzzing around in the personal finance space that you shouldn’t really care about your credit if you truly want to improve your finances. Credit is an interesting concept. It’s the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. Basically, you receive a rating based on your ability...

Posted in: Credit and Debt Tagged with: credit, credit cards, credit score, importance of credit

5 Tips to Improve Your Credit Score This Year

Chonce Maddox / June 21st, 2017 / 1 Comment

Today, my credit score is almost 800. I opened my first credit card during college and have always made my payments on time. Slowly, I’ve added more credit cards but I’ve always used them responsibly or opted not to use them at all. I also have student loans I’m paying back along with a small personal loan I’m paying on with my husband. That’s it. That is the entirety of...

Posted in: Credit and Debt Tagged with: credit card, credit score, credit tips