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When you view your credit score, you're likely to see a different three-digit number depending on whether you checked your score online, on your banking app or via another means. Although you have multiple credit scores, they're mainly calculated by two companies: VantageScore and FICO, which are the two main credit scoring systems used by the majority of lenders to evaluate how well you're managing your credit. "Think of those like Coke and Pepsi," John Ulzheimer, a credit expert who formerly worked for FICO and Experian, tells CNBC Make it. And your credit history needs to be at least six months long in order for FICO to generate your score. Although FICO scores are also used by lenders when you apply for credit, a mortgage or an auto loan, FICO weighs the factors it uses to calculate its credit scores differently.
Persons: John Ulzheimer, VantageScore, FICO, Matt Schulz, LendingTree's, Schulz Organizations: Pepsi, FICO, CNBC Locations: U.S
However, around 20% of them say they don't have the knowledge or tools to do so and nearly 30% don't feel that they're in control of their credit score. Despite that, Gen Zers' average credit score isn't too shabby. As a reminder, your FICO score can fall anywhere between 300 and 850. "Managing your credit scores and credit reports is actually very easy and, almost, can be done without any overt effort on your part," John Ulzheimer, a credit expert who formerly worked for FICO and Experian, tells CNBC Make it. Here are the two most important factors that impact your credit score and how understanding them can help you give your score a boost.
Persons: Gen Zers, aren't, John Ulzheimer Organizations: CNBC, FICO
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Persons: Read, Merrill, Miles you've, Miles you’ve, Miles, There’s, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Chase, Cardholders, cardholders, you've, you'll, You'll, It's, Peter Rothbart, he's, Peter, Angela Fung Organizations: FICO's, Chase Travel, Chase, Sapphire, Hotel, FDIC, Bank of America, Bank of America's, of America, Bank of America Travel Center, TSA, Travel Insurance, Discover's, Discover . Discover, Capital, One, Premier, Express, American Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, Global, Saks Fifth, Saks Fifth Avenue, Business, Finance, TSA PreCheck, PreCheck, Resorts Locations: Hulu, Wells, Seattle , Washington, Vegas, Pacific
Slovakia's Prime Minister Robert Fico walks during the European Council summit at the EU headquarters in Brussels, on April 18, 2024. Slovakia's populist Prime Minister Robert Fico is expected to survive a multiple-shot assassination attempt following surgery, according to the country's deputy prime minister. The Slovakian premier's condition has stabilized but remains serious, Reuters cited a hospital official as saying on Thursday. "The shooting of the prime minister is first and foremost an attack against an attack on a human being – but it's also an attack on democracy," she said in an officially translated video. Fico has served as prime minister of Slovakia for around 10 years across three mandates, heading the Smer (Direction) party.
Persons: Robert Fico, Tomas Taraba, Šutaj Eštok, Zuzana Caputova, it's, Fico Organizations: Slovakia's, EU, BBC, Reuters, CNBC, Slovakian Ministry of Interior, Ministry of Foreign Affairs, Slovakian, Sky News, Russia, RTVS Locations: Brussels, Slovakian, Slovak, Handlova, Banska Bystrica, Slovakia, Ukraine
Prime Minister of Slovakia Robert Fico attends a press conference during a Special European Council Meeting on April 18, 2024 in Brussels, Belgium. Slovakia's populist Prime Minister Robert Fico on Wednesday was shot multiple times in an assassination attempt that has sent shockwaves across the continent. The 59-year-old has been transported by helicopter to hospital in the central Slovakian city of Banska Bystrica to receive treatment. A post on Fico's official Facebook page said the prime minister was "shot multiple times and is in a life-threatening state" after an "attempted assassination." Slovakian President Zuzana Čaputová "strongly" condemned the "brutal and ruthless attack" in a Google-translated Facebook post, without supplying further details of the nature of the attack.
Persons: Slovakia Robert Fico, Robert Fico, Fico, Zuzana Čaputová Organizations: NBC, Reuters, CNBC Locations: Slovakia, Brussels, Belgium, Slovakian, Banska Bystrica, Bratislava, Handlova
But there's one place they're notable absent: your credit report. Earlier this year, Apple became the first major BNPL provider to start reporting all user account information to a credit reporting agency. Providers including AfterPay, Affirm and Klarna already report some loans to the credit bureaus and experts say more are likely to follow, paving the way for a consumer's BNPL history to factor into their credit history and ultimately their credit score. (One of the main aspects of a credit score comes down to your history of paying bills on time.) When BNPL credit reporting could sting
Persons: Klarna, Liz Pagel, BNPL, Wells, Tim Quinlan, Ethan Dornhelm, TransUnion's, Silvio Tavares, Tavares, Pagel Organizations: Apple, Adobe Analytics, CNBC, Finance Locations: TransUnion, Wells Fargo
Although Americans' average credit scores recently dropped for the first time in a decade, many appear to be maintaining a relatively healthy score. The average credit score dipped by one point, from 718 to 717, according to FICO's March 6 blog post. Your FICO and VantageScore credit score can fall anywhere between 300 and 850, and a 717 score is considered to be "very good," according to the VantageScore model. Here are VantageScore's rankings and ranges:Very Poor: 300 to 499300 to 499 Poor: 500 to 600500 to 600 Good: 601 to 660601 to 660 Very Good: 661 to 780661 to 780 Exceptional: 781 to 850When you break down the average credit score by age, most Americans appear to have a good score as well. It's understandable that older generations tend to have higher scores since they've had a longer time to establish and maintain their credit.
Persons: they've Organizations: CNBC
New York City got its first tiny forest, planted on Roosevelt Island on April 6. AdvertisementVolunteers and supporters gather in Southpoint Park on Roosevelt Island for a ceremony before planting a pocket forest on April 6, 2024. AdvertisementSharon Bean volunteered at the pocket forest planting in honor of her sister, Kat Livingston, an avid gardener who died of cancer in January. SUGi has created pocket forests in 42 cities on six continents since 2019 — the Roosevelt Island forest is the group's 200th. AdvertisementThe tiny forest, also known as the Manhattan Healing Forest, sits at the southern end of Roosevelt Island.
Persons: Akira Miyawaki that's, Elise Van Middelem, Eliza Relman, Curtis Zunigh, Jerry Nadler, Franklin D, Roosevelt, Sharon Bean, Kat Livingston, Judith Berdy, she's, Berdy, Christina Delfico's, Delfico, Van Middelem, We've, SUGi, Bean, Tayana Panova, Panova, Olivia MacDonald Organizations: Service, York, Volunteers, New, Lunatic Asylum, Lenape Center, Manhattan Healing, Navajo Nation, New York Times Locations: York City, Roosevelt, Japanese, New York, Park, Dutch, British, Welfare, Manhattan, New York State, London, Syracuse , New York, New Mexico
Here are some of the biggest financial blind spots, according to several certified financial planners on CNBC's Digital Financial Advisor Council. 1. Credit scoresConsumers often don't understand the importance of their credit score, said Kamila Elliott, CFP, co-founder and CEO of Collective Wealth Partners based in Atlanta. The average person with a credit score between 760 and 850 would get a 6.5% interest rate, according to national FICO data as of April 1. The latter's monthly payment would cost $324 more relative to the person with a better credit score — amounting to an extra $116,000 over the life of the loan, according to FICO's loan calculator. "Ten out of 10 people couldn't explain how the tax withholding system works," said Ted Jenkin, CFP, CEO and founder of oXYGen Financial based in Atlanta.
Persons: Kamila Elliott, Wills, Barry Glassman, I'm, Glassman, Elliott, That's, Ted Jenkin, Uncle Sam, Jenkin Organizations: Getty, Digital Financial, CFP, Wealth Partners, Consumer Financial, Bureau, Wealth Services, Westend61, Collective Wealth Partners, Business, Employers, Workers Locations: Atlanta
(Reuters) - Slovaks vote in a presidential election on Saturday that could strengthen Prime Minister Robert Fico's grip on power as he seeks more control over public media, softer anti-corruption laws and a dissenting voice to EU support for Ukraine. Polls are open in the first round of voting from 7:00 a.m. (0600 GMT) until 10:00 p.m. (2100 GMT). A run-off between the top two candidates is due on April 6 if no one wins a majority this weekend. Pellegrini, a former prime minister and member of Fico's leftist, ruling SMER party and now the head of junior coalition partner HLAS, is hoping to duplicate that success. Caputova won the last presidential election in 2019, riding an anti-corruption wave aimed at Fico's party, which was in power then.
Persons: Robert Fico's, Fico's, Peter Pellegrini, Zuzana Caputova, Fico, Pellegrini, HLAS, Ivan Korcok, Caputova, Korcok, Jason Hovet, Angus MacSwan Organizations: Reuters, Ukraine, EU, Constitutional, RTVS Locations: Ukraine, Moscow, Russian, Kyiv, Prague
Average nationwide credit scores bottomed out at 686 during the housing crisis more than a decade ago, when there was a sharp increase in foreclosures. That left many households sitting on a stockpile of cash that enabled some cardholders to keep their credit card balances in check. Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. Already, the average credit card charges over 20%, a record high, but borrowers with lower credit scores pay even more. "It's difficult in this current economy not to have a good credit score," Kaplan said.
Persons: Ethan Dornhelm, FICO, Dornhelm, Ann Kaplan, Kaplan Organizations: Consumers, Finance Locations: Toronto, Canada
Slovakia Approves Criminal Law Reforms That Sparked Protests
  + stars: | 2024-02-08 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +2 min
The government said the changes modernise the criminal code by lowering long prison terms and preferring alternative punishments. President Zuzana Caputova immediately signalled she would try to stop the changes, possibly through a veto or a court challenge. The law was a "monstrous amnesty" for that circle, said deputy Michal Sipos from the opposition Slovensko party. An EU official said on Thursday the commission's concerns remained, which could possibly lead to legal action and budgetary consequences. (Reporting by Jan Lopatka in Prague; additional reporting by Gabriela Baczynska in Brussels; editing by Jonathan Oatis)
Persons: Robert Fico, SMER, Tibor Gaspar, Zuzana Caputova, Michal Sipos, Jan Lopatka, Gabriela Baczynska, Jonathan Oatis Organizations: Reuters, European Commission, European, Slovak, EU Locations: Poland, Hungary, Prague, Brussels
(Reuters) - Slovakia's parliament will fast-track debate on government plans to scrap a special prosecutor's office fighting corruption and lower sentences for financial crimes after ruling lawmakers approved the move on Thursday despite objections. Opposition parties had delayed the vote on whether to fast-track the criminal law reforms for weeks, looking to slow Prime Minister Robert Fico's changes that they argue will afford impunity for politicians and business leaders linked to him. Pushing the reforms on a faster track has also raised warnings from the European Union and United States. Opposition parties have led near weekly protests drawing tens of thousands, with another string of rallies planned for Thursday evening. Slovakia's special prosecutor's office, around for two decades, has been in Fico's sights since he won a September election and returned to power.
Persons: Robert Fico's, Fico, Zuzana Caputova, Caputova, Jason Hovet, Nick Macfie Organizations: Reuters, European Union, European Commission, Brussels, USP Locations: United States, Hungary, Poland, Prague
By Jason Hovet(Reuters) - Slovak parliament chief Peter Pellegrini, leader of the second-biggest party in the government coalition, confirmed on Friday that he would run in a March presidential election. Pellegrini, a prime minister in 2018-2020 and former member of Fico's SMER party, has seen a shrinking poll lead against his closest contender - Ivan Korcok, who was foreign minister in a previous government led by opposition forces. A second round in the likely case that no candidate wins an outright majority is on April 6. Pellegrini leads Korcok 40.6% to 37.7% in an AKO agency poll released on Thursday. Pellegrini led the government until anti-corruption parties won a 2020 election.
Persons: Jason Hovet, Peter Pellegrini, Robert Fico, Pellegrini, Fico's, Ivan Korcok, Zuzana Caputova, Korcok, Fico, Hugh Lawson Organizations: European Union Locations: Korcok, AKO, Prague
EU Lawmakers Raise Alarm Over Slovakia's Criminal Law Reforms
  + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com   time to read: +2 min
(Reuters) - European Union lawmakers said on Wednesday they had "deep concern" over Slovakia's planned criminal code changes and shutting a special prosecutor's office, piling on criticism of the government's plan to fast-track the changes. The European Parliament, in a resolution approved by 496 of the 630 lawmakers who voted, said the changes needed more scrutiny and called on the European Commission to take action "to safeguard the rule of law and judicial independence". Slovak President Zuzana Caputova has threatened to veto the legislation, although Fico's government will be able to override her move. According to Slovak media, 40 people have been sentenced while another 130 are being investigated or tried. The EU's justice commissioner Didier Reynders said in mid-December the Commission could take action against Slovakia if it enacts criminal law changes that violate EU laws.
Persons: Robert Fico's, Zuzana Caputova, Didier Reynders, Jan Kuciak, Fico, Daniel Lipsic, Jason Hovet, Ros Russell Organizations: Reuters, Union, European Commission, European Union, The, USP Locations: Western, Poland, Hungary, United States, EU, Slovak, Slovakia, Prague
Here's what we learned about the making of the new movie from the directors and a behind-the-scenes book. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDisney's newest animated movie, "Wish," contains dozens of Easter eggs and nods to the classics before it, but it also contains real-world references. Earlier this month, Business Insider spoke with the directors, producers, and an associate production designer to learn more about the making of the movie. From how Princess Diana inspired attire in the movie to the military watchtower that informed King Magnifico's castle, here's what you may not know about "Wish."
Persons: Princess Diana's, , Diana, King Magnifico's Organizations: Disney, Service, Business Locations: here's
Slovakia's newly appointed Prime Minister Robert Fico attends the new cabinet's inauguration, at the Presidential Palace in Bratislava, Slovakia, October 25, 2023. REUTERS/Radovan Stoklasa/File Photo Acquire Licensing RightsNov 21 (Reuters) - Slovakia's parliament confirmed Prime Minister Robert Fico's government on Tuesday, backing a policy agenda that promises to halt state military aid to Ukraine, slowly reduce budget deficits and impose a new bank tax. Fico's governing coalition combines his leftist, socially conservative SMER-SSD party with a smaller leftist party and a small nationalist party. The coalition adopted its policy programme last week, and parliament supported it in a vote of confidence on Tuesday. The programme promises a special tax on banking profits and measures to cut interest rates on mortgages.
Persons: Slovakia's, Robert Fico, Radovan Stoklasa, Robert Fico's, Fico, Zuzana Caputova, Jason Hovet, Jan Lopatka, Timothy Organizations: REUTERS, European Union, Timothy Heritage, Thomson Locations: Bratislava, Slovakia, Ukraine
Slovakia's New PM Fico Stops Talking to Some Media Amid Rift
  + stars: | 2023-11-20 | by ( Nov. | At A.M. | ) www.usnews.com   time to read: +2 min
(Reuters) - Slovak Prime Minister Robert Fico stopped communication with four leading domestic news outlets on Monday after accusing them of failing to provide truthful information, widening a rift with some independent media groups. Fico became prime minister for a fourth time last month at the head of a leftist-nationalist coalition after an election in which he attacked liberal policies, Slovakia's Western allies and media that is critical of him and his SMER party. "As long as the cited media outlets do not begin to fulfil their legal obligations, Prime Minister R. Fico is interrupting any communication with them," the government office said in an emailed statement. While he had not barred journalists, halting communication contravened laws ensuring that media are kept informed by the authorities, he added. Pavol Szalai of Reporters Without Borders said Fico was subjecting Slovakia's democracy to a "crash test".
Persons: Robert Fico, Fico, Jan Kuciak, Kuciak, R, Dennik, Matus Kostolny, Kostolny, Beata Balogova, Jason Hovet, Gareth Jones Organizations: Reuters, Slovak, TV, Facebook, Borders, Government
REUTERS/Mario Anzuoni Acquire Licensing RightsLOS ANGELES, Nov 20 (Reuters) - "Wish," the new animated musical movie marking Walt Disney Co's (DIS.N) 100th anniversary, reaches back to its modest beginnings to inspire future generations. Walt Disney Studios was founded in 1923 in Hollywood, California, by brothers Walt and Roy O. Disney, making it the world's oldest running animation studio. Disney movies are usually based on classic fairy or folk tales, mixing romance, humor, sadness, high-stakes action and self-discovery. "Not just to wish, but usually sing to their heart's desire, and so I think it's important to this movie obviously. I think it will be important to many Disney movies in the future too."
Persons: Ariana DeBose, Asha, Chris Pine, Roy, Mario Anzuoni, Walt Disney, Walt, Jennifer Lee, Lee, King Magnifico, Roy O, Danielle Broadway, Rollo Ross, Mary Milliken, Richard Chang Organizations: Disney Animation, REUTERS, Walt Disney Co's, Walt Disney Animation, Disney, Walt Disney Studios, Thomson Locations: Burbank , California, U.S, Kingdom of Rosas, Hollywood , California
Slovakia's newly appointed Prime Minister Robert Fico attends the new cabinet's inauguration, at the Presidential Palace in Bratislava, Slovakia, October 25, 2023. The programme promised a special tax on banking profits and measures to cut interest rates on mortgages. The programme also set out plans for increasing tax levels for higher earners, on real estate -- especially second and third homes -- and on alcohol and tobacco. The goal is to help fund a slow consolidation of the public budget as the budget gap is expected to be nearly 7% of gross domestic product. ($1 = 0.9373 euros)Reporting by Jan Lopatka in Prague, Editing by Timothy HeritageOur Standards: The Thomson Reuters Trust Principles.
Persons: Slovakia's, Robert Fico, Radovan Stoklasa, Fico, Erik Tomas, Jan Lopatka, Timothy Organizations: REUTERS, Ukraine, European, Social, European Union, Timothy Heritage, Thomson Locations: Bratislava, Slovakia, European Union, Ukraine, Prague
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing a stable consumer right now, says FICO CEO Will LansingWill Lansing, FICO CEO, joins 'Closing Bell Overtime' to talk America's credit health, FICO's business performance, the state of the consumer and more.
Persons: Will Lansing Will Lansing
Then designated Prime Minister Robert Fico walks on the day of the new cabinet's inauguration at the Presidential Palace in Bratislava, Slovakia, October 25, 2023. Fico's government rejected the package at a cabinet meeting on Wednesday, according to the government's website. Fico ran a campaign criticising Western military support for Ukraine and sanctions on Russia, and backs pushing for peace talks, a line similar to Hungary's leader Viktor Orban but rejected by Kyiv. Slovakia, which shares a border with Ukraine in its east, had sent military aid in 13 packages and worth 671 million euros to Kyiv since Russia's attack in February 2022 before Fico's appointment. Diplomats have said army stocks have been largely depleted so a halt in official military aid may have limited impact.
Persons: Robert Fico, Radovan Stoklasa, Fico's, Fico, Viktor Orban, Jason Hovet, Alex Richardson Organizations: REUTERS, NATO, Kyiv, SNS, Diplomats, Thomson Locations: Bratislava, Slovakia, Ukraine, Kyiv, Russian, Russia, Prague
In the U.S., the average credit score is 716, per Experian's latest data from the second quarter of 2023. And when you break down the average credit score by age, the typical American is hovering near or above that score. For members of Gen Z, defined as those between 18 and 26, the average credit score is 680, according to Experian. Meanwhile, the average credit score for people 78 or older, categorized as the silent generation, is 761 — the highest of the generational cohorts. Older Americans have had more time to build and manage their credit than younger Americans who are just starting out.
Persons: Gen Locations: U.S
It was a good thing Ukrainian President Volodymyr Zelenskyy had his videoconference address to the European Union summit pre-slotted for the opening session. They didn't come back to the issue of Russia's war in Ukraine again before Friday's closing day of the summit. Not only have the geopolitics in general shifted, some of the EU politics in particular are no longer as kind to Zelenskyy. There is also a four-year 20-billion-euro ($21 billion) military and security package in the pipeline. "If we don't help Ukraine, then what is the alternative, really," Estonian Prime Minister Kaja Kallas said.
Persons: Volodymyr Zelenskyy, Zelenskyy, Mike Johnson, Israel, Robert Fico, Viktor Orbán, Orbán, Anton Siluanov, Boris Pistorius, Fico, Orban, Kaja Kallas, Leo Varadkar, Putin Organizations: European Union, EU, U.S ., Slovak, Ukraine, Russian, U.S . Congress, IRIS, " Locations: Israel, Ukraine, Moscow, Europe, Slovakia, Germany, France, Hungary, Zelenskyy, Russian, United States, Brussels, Estonian, Russia
SMER-SSD party leader Robert Fico arrives to the party's headquarters, after the country's early parliamentary elections, in Bratislava, Slovakia, October 1, 2023. REUTERS/Eva Kornikova/File Photo Acquire Licensing RightsOct 16 (Reuters) - Slovak former prime minister Robert Fico and his party signed a coalition deal on Monday to form a new government expected to go slow on cutting high deficits and reduce support to neighbour Ukraine. Fico said his priorities would include boosting living standards and a foreign policy consistent with Slovakia's EU and NATO membership - but focused on protecting national interests. Fico has a tense relationship with Caputova, whom he has called a U.S. puppet acting as U.S. financier and philanthropist George Soros' proxy. Reporting by Jason Hovet in Prague; editing by Alex Richardson, Mark Heinrich and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Robert Fico, Eva Kornikova, Viktor Orban, Zuzana Caputova, Fico, Caputova, George Soros, opposition's, Jason Hovet, Alex Richardson, Mark Heinrich, Tomasz Janowski Organizations: REUTERS, Ukraine, Hungarian, Kyiv, Democracy, Slovak National Party, European Union, NATO, EU, Thomson Locations: Bratislava, Slovakia, Slovak, Ukraine, Fico, U.S, Poland, Prague
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