Bank finance articles and tips

Find the tips regarding improving the credit rating of you with the help of credit card. in this way, you can maintain your credit score on the basis of which, you have a better chances of approval for credit card and loan in future.

Having a poor credit rating and being aware of your credit score, can be a good thing. In this article, we will discuss what makes a poor credit rating, how it affects you and what you can do to increase it. Knowledge is power and the power to increase your credit rating can make your life easier in many ways.

A weak or poor credit rating, also known as your FICO score, is a score below a 620. The 3 credit bureaus assign FICO scores that range from 300 to 850. The lower number represents a poor credit rating where the higher number stands for a positive credit score.