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FICO vs FAKO: Are You Getting the Right Credit Score?

Anyone who has ever applied for a loan, regardless of the type, has probably been told that the lending institution will have to “run their credit.” The latter is a phrase that refers to obtaining the applicant's credit score in order to determine whether or not the individual is a good credit risk. This is often referred to as the person's FICO–Fair Isaac Company–score. This score is what virtually all lenders use to determine how likely it is that a specific borrower will default on a loan or other financial obligation, as well as whether or not the person will make timely payments on loans or other lines of credit.

Learn Your Rights Under the CROA

The Credit Repair Organizations Act, also known as CROA, is a section of the Consumer Credit Protection Act that protects consumers from credit repair scams.

Credit repair organizations can be an easy fix for consumers who are buried in debt with bad credit. By using a credit repair organization, experts can help you control your finances and teach you how to manage your money correctly. These services often offer continuous credit score monitoring and debt management for a monthly payment.
on Thu, 2016-09-01 16:46
Intro APR
Regular APR
Balance Transfer

NASCAR® Credit Card from Credit One Bank® Summary

Creditnet's Full Review

Offer details may have changed since the last update of the information on this page. Please see Fees, Terms & Conditions for updated and complete information.

Purchase Rates
Intro APR: None Credit Required: excellent
Intro Period: None Set Up Fee N/A*
Ongoing APR: 17.40% - 24.90% Variable APR depending upon credit worthiness. Annual Fee $0 to $75 First year. $0 to $99 thereafter.
Penalty APR: N/A
Balance Transfer
Intro APR✝: N/A
Intro Period: N/A
Ongoing APR: N/A
Transfer Fee: N/A
Cash Advance Rates
Ongoing APR: 19.15% - 26.15% Variable, based on your creditworthiness when you open your Account.
Advance Fee: Either $5 or 8% of the amount of each Cash Advance, whichever is greater, or $10 or 3% of each cash advance, whichever is greater.
Other Rates
Transaction Fee:
Min. Interest Charge: N/A
Credit Line
Min: N/A
Max: N/A
Penalty Fees
Late Payment:
Over the Credit Limit: N/A
Returned Payment: $35

Barclay CashForward is Perfect Addition to My Wallet

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Card Purpose:

Anonymous Would recommend to a friend.
Reviewed on: Tue, 2016-08-30 16:51
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This review is the subjective opinion of a creditnet.com member and not of creditnet.com

The Barclaycard CashForward™ World Mastercard® offer is currently not available from Creditnet.com

However the below card(s) are recommended by Creditnet as a great alternative to the Barclaycard CashForward™ World Mastercard®:

Barclaycard CashForward™ World Mastercard®

Ask Creditnet: Can I Rebuild Credit with Prepaid Debit Cards?

Dear Creditnet: I need to start rebuilding my credit so I can purchase a home, but I can't seem to get approved for a credit card. I've applied for 3 different cards this year and I've been denied every time. I feel like giving up. Should I just get a prepaid debit card since they don't do credit checks? There's no way I can get denied, right?

Beware of Tricky Credit Card Payment Terms

Some consumers find it more convenient to pay off their credit card bills in several payments throughout the month. Why would they want to do that? Well, there are several reasons.

on Tue, 2016-08-23 14:26

Be Smart About Corporate Credit Card Use

If you have a company credit card for the first time, you may be feeling excited about your newfound spending power. But before you go swiping your card everywhere, you need to make sure you understand your company's policy regarding business credit card use. Although corporate credit cards are given to employees for business expenses, most companies have their own specific accounting and finance rules. So it's important to understand your company's expense approval policy before using your card.

on Thu, 2016-08-18 17:05

Ask Creditnet: Will My Credit Card Get Closed?

Dear Creditnet: My husband and I have one credit card each and the balances total about $1,200. Due to financial difficulties we have not been able to make any payments on these credit cards for almost a year. At one time we were getting letters from a collection agency, but we are now getting letters to pay our balance from the original creditor.

FICO Score 9: Paid vs Unpaid Collections

90 percent of lenders still use FICO scores in some way when assessing your risk as a borrower. So if you have any interest in ever getting approved for a high limit credit card, auto loan, or a mortgage, it's a wise financial move to know where your FICO scores stand and what you can do to improve them.