The latest ScoreSense survey aimed to gauge retirement readiness and to understand how today’s economy has affected retirement plans for consumers between the ages of 40 and 79 and who have yet to retire. Top Insights: While full Social Security benefits start at 67, over a quarter of respondents are unsure when they will be […]
ScoreSense Survey: Are You Ready to Retire? Read More »
Your credit score may determine your ability to get loans, your next apartment, or even utility service. But do you know the factors that determine your credit score? Your VantageScore credit scores are calculated using six factors, and each factor has a different level of influence over your scores. What Are the 6 Credit Score
Understand the 6 Factors That Affect Your Credit Score Read More »
If you’re falling behind on your credit card payments, you’re not alone. More Americans are delinquent on their credit cards (as well as auto loans and personal loans) than in the past 10 years, according to analysis by The Washington Post. Credit card delinquency occurs when you get behind on your required monthly payments to
Credit Card Delinquency: How Does It Work and What Does It Mean for Your Credit? Read More »
Data breaches have become increasingly common, even at highly respected organizations like credit bureaus and virus protection companies. And if your personal data is compromised, you are suddenly at higher risk for identity theft and financial fraud, with potential consequences ranging from unauthorized transactions to a compromised credit score and financial instability. With the increasing
What to Do if Your Personal Information Has Been Exposed Read More »
August 2023 OVERVIEW The Federal Reserve recently mentioned that U.S. consumer borrowing slowed to a more than two-year low in May 2023. This seems to be in line with ScoreSense’s year-over-year (Q2 2022 vs. Q2 2023) consumer spending habit data. SURVEY: BACK-TO-SCHOOL FINANCES To better understand consumers’ sentiments and spending behavior in the back-to-school season,
ScoreSense Market Report: Review of Q2 2023 Credit Activity & Consumer Sentiment Survey Read More »