A recent survey that polled Americans on credit scores found that while nearly half of respondents (49 percent) check their credit scores at least once per year, the rest check once every two years or less, including a worrisome 22 percent who never check. The most common reasons for checking a credit score include purchasing a home (31 percent) or an automobile (32 percent).
VantageScore Solutions’ analysts recently examined how many accounts consumers with prime credit scores typically have in their credit file. Consumers who generally qualify for loans have an average of 13 loans in their credit files, and typically the oldest loan is more than 15 years old.
By: Lloyd Parker Another Experian Vision Conference comes to a close today but not without a full morning of breakout sessions with compelling speakers and experts sharing real-world strategies for real opportunity and real growth. The conference concluded with an entertaining and thought-provoking speaker, Sir Ken Robinson, Ph.D., author of The Element: How Finding Your Passion Changes Everything and Out of our Minds: Learning to Be Creative, who shared with us ideas on how to cultivate innovation and change within organizations in order to grow with their environments and continue to thrive. We’d like to thank you for making this year’s event one of the best. And thank you for the confidence you give us all year round. We know the great responsibility that goes along with that and we are committed to helping your business succeed. Top Tweets of the Week #Vision2013 the slowest growing loan segment (actually it is negative) is HELOC @cumagazine@dougbenzine at -8% YOY.#engage — Mike Horrocks (@mikehorrocks) May 8, 2013 #vision2013 great credit union discussion at experian conference! — Doug Benzine (@DougBenzine) May 8, 2013 #Vision2013 @sirkenrobinson (1) we are living in a time of revolution (2) we have to think differently about talents (3) then act different — Mike Horrocks (@mikehorrocks) May 8, 2013 ‘Most adults don’t know what their true aptitudes are’ Sir Ken Robinson #vision2013 — Michele Raneri (@MLRaneri) May 8, 2013 #Vision2013 @sirkenrobinson Our kids are not trains, they are rockets ready to explore and we need to help them only light the fuse. #engage — Mike Horrocks (@mikehorrocks) May 8, 2013