Credit Sesame Daily

Browse Categories

3 Big Reasons to Avoid Title Loans

A title loan is a short-term loan that uses the borrower’s car as collateral against default. If the borrower does not repay the loan, the lender can take possession of the vehicle. Title loans are typically limited to 25 to 50 percent of the car’s value, and the repayment period is usually short (often just

Ask the Expert: Can I Get Credit With a Bad Credit Score?

After being laid off and struggling financially, a Credit Sesame reader writes in for advice on getting credit and qualifying for a loan with a bad credit score. John Ulzheimer, credit expert for Credit Sesame, answers.

White House Gets It Wrong: Credit Monitoring Most Effective Tool for Detecting ID Theft, Not Credit Scores

A White House press release suggests that free credit scores are “one of the best early indicators of identity theft,” but credit expert, John Ulzheimer disagrees. Find out why credit scores are a poor tool for detecting identity theft, and why monitoring your credit reports is more important when it comes to detecting early signs of identity theft.

How Much Will One Late Payment Hurt Your Credit Score?

After accidentally overlooking a bill during the holidays, a concerned Credit Sesame user writes in to find out how badly a late payment will affect her otherwise excellent credit score.  John Ulzheimer, credit expert for Credit Sesame, answers. “John, I have excellent credit and currently have a credit score of 804, according to your site.

27 Reasons Why You Need to Know What Your Credit Report Says About You

When it comes to your credit report, you follow the financial pros advice: You request a copy of it every year and scrutinize it for any errors. After all, it’s a V.I.D. (very important document) that affects more than just your financial status — it can affect your entire life, too. No, we’re not exaggerating.

How Much Did I Hurt My Credit Score Over the Holidays?

You can admit it … you leaned on your credit cards pretty heavily over the holidays, didn’t you?  Presents, hotels, restaurants, and gas for your car put a hefty dent into your credit limits. Now that your credit cards aren’t smoking from the constant swiping any longer, how do you go about determining just how

5 Money Management Tips That Could Change Your Life in 2015

We all juggle a myriad of budgetary details and obligations. Anyone who is fortunate enough to enjoy some financial success must also bear the burden of greater complexity in planning how to best use it. Money management is not a pastime of just the top 1%. Indeed, the less resources a person has, the more