Browse Author: Liran Amrany

The Simple Idea Behind Debitize: A Definitive Answer to Credit vs. Debit

If you listen to personal finance experts, you might hear conflicting advice when it comes to using credit cards or debit cards. Dave Ramsey thinks credit cards are evil, and the cause of all financial pain. Countless others will espouse the value of rewards or warn you never to use debit cards online or at gas stations because of the security risks.

We created Debitize to finally answer the question whether you should use debit or credit. In our first few blog posts, we touched on how to improve your credit, and why credit cards are good for you – but we haven’t yet explained to our blog readers what exactly Debitize is, and why we started it.  So let’s take a closer look at the actual differences between credit and debit:

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FICO Credit Score 101: Credit Inquiries

This post is the last of our series on understanding your FICO credit score, where we delve into detail to explain each component of your credit score calculation. In the first four parts of this series, we explained how payment history, amounts owed, the length of your credit history, and your credit mix all impact the calculation of your FICO credit score. In this final post, you’ll learn about the effects of applying for new credit, and the difference between hard and soft credit inquiries.

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FICO Credit Score 101: Credit Mix

This post is part of a continuing series on understanding your FICO credit score, where we delve into detail to explain each component of your credit score calculation. In the first three parts of this series, we explained how payment history, amounts owed, and the length of your credit history influence your FICO credit score. In this post, you’ll learn about the next largest factor in your FICO score, the length of your credit history.

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FICO Credit Score 101: Length of Your Credit History

This post is part of a continuing series on understanding your FICO credit score, where we delve into detail to explain each component of your credit score calculation.  In the first two parts of this series, you learned that payment history and amounts owed have the largest bearing on your FICO credit score. In this post, you’ll learn about the next largest factor in your FICO score, the length of your credit history.

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FICO Credit Score 101: Amounts Owed

This post is part of a continuing series on understanding your FICO credit score, where we delve into detail to explain each component of your credit score calculation. In the first part of this series, you learned that payment history has a huge impact on your FICO credit score. In this post, you’ll learn about the next largest factor in your FICO score, the amounts you owe across your various credit accounts.

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