Category Archives: Credit Score

Top Jobs to Improve Income Prospects without a College Degree

Top Jobs to Improve Income Prospects without a College Degree

A highly effective step on the path of improving your credit score is to ramp up your income-earning capabilities. Aside from the obvious benefits of being able to provide more comfortably for you and your family, having a bigger income can mean better borrowing terms and higher credit scores.

Why better income prospects lead to better borrowing options

If you earn more money in a stable career with good job progression prospects, you can save more, pay down any outstanding loans faster and become a more appealing candidate to creditors. This is because, in general, those earning higher salaries receive the more preferential loan terms and rates.

Why not having a college degree is no obstacle

The cost of an average 4-year college degree covering tuition and living expenses often exceeds $100,000 and is off-limits to many for whom the price tag is unaffordable or for whom extra debt on top of bad credit is impossibility. Although it used to be the case that the top income brackets were comprised only of college graduates, this is no longer the case. In fact, right now there are a number of jobs within the high-tech field that offer excellent career progression even without a college degree.


According to a new report by the Brookings Institution, STEM jobs have been redefined to require skills in Science, Technology, Engineering or Math – technical knowledge that can come from on-the-job training and cumulative career experience instead of college. Consequently, according to Brookings’ criteria, 50% of all high-skill positions are held by employees that do not have a bachelor’s degree, representing the American middle class much better.

The top 8 STEM jobs that do not require a college degree

1. Registered Nurses
Number of Jobs: 2,724,570
Average Wages: $69,110

2. Automotive Service Technicians and Mechanics
Number of Jobs: 589,570
Average Wages: $38,560

3. Carpenters
Number of Jobs: 578,910
Average Wages: $44,330

4. Electricians
Number of jobs: 512,290
Average wages: $52,910

5. Computer Systems Analysts
Number of jobs: 487,740
Average wages: $82,320

6. Machinists
Number of jobs: 368,510
Average wages: $40,520

7. Plumbers, Pipefitters, Steamfitters
Number of jobs: 349,320
Average wages: $51,830

8. Welders, Cutters, Solderers and Brazers
Number of jobs: 316,290
Average wages: $37,920

The Lowdown on STEM Jobs

If you have substantial skill in Science, Technology, Engineering or Math and do not have a bachelor’s degree, you could potentially get a STEM job paying on average around $53,000. This is 10% higher than other roles that require candidates to have the same level of education.

It makes sense to look within the STEM field to improve your job prospects without a college education – according to the U.S. Bureau of Labor Statistics, the above 8 most popular STEM jobs pay more than the average American annual average wage of $45,230.
At number 5 on the list, a computer systems analyst is a role that also doesn’t need a bachelor’s degree, although the average wage is $82,320. The possibilities are real – 100,000 people held this role without a college degree in 2011 alone.

Vocational and On-The-Job Training Favored Over College Education

So what is required for a STEM job if a 4 year college degree isn’t a prerequisite? Most of these positions have vocational training requirements that applicants can embark upon with only a high school diploma.

• Plumbers, pipefitters and steamfitters must complete four or five year apprenticeship program, which includes studying math, physics and chemistry, according to the Bureau of Labor Statistics.
• Registered nurses, easily the fastest growing STEM job that does not require a bachelor’s degree, are required to complete courses in anatomy, chemistry and microbiology. encourages individuals to put energy into career advancement as an important step towards increasing credit scores and creating a more positive financial future. In the meantime, our free comparison service can help get you a bad credit loan at a competitive rate from a reliable lender.

Apply now to see what you can be offered and start your journey towards better credit today!

How Your Credit Score Affects You

How Your Credit Score Affects You

A new survey conducted by online legal resource reveals that 1 in 4 or 22 percent of Americans have never checked copy of their credit reports, despite the fact that consumers can order them free of charge under federal laws. The survey also found that consumers with lower incomes are less likely to check their credit scores at least once a year, versus merely 14% of consumers with household incomes over $75,000 per year said that they have never ordered a copy of their credit reports.

Why is it Important to Know Your Credit Score?

Knowing your credit score and checking your file for accuracy is a crucial step to bettering one’s financial standing or maintaining improvements. The accuracy of your credit report can affect you in the following ways:

  • Prevent you from obtaining preferential credit deals, meaning that you will pay higher interest
  • Credit reports are often used in background checks for jobs and rental housing, so can prevent you from being offered certain jobs of being able to rent particular properties
  • If you have incorrect information on late payment or defaults, this can make it difficult for you to obtain a mortgage from many major companies
  • Auto Insurance premiums may be higher or, in some cases, certain policies unavailable due to being classed as a high risk consumer
  • Credit cards or loans may be harder to come by or interest rates significantly higher if your credit score is low.

Obtain Your Credit Score for Free

Federal law states that consumers are entitled to one copy of their credit report from each of the three major credit bureaus (Experian, TransUnion and Equifax) per year. Consumers can get these free copies at

What to Do if You Notice Incorrect Reporting in Your Credit File

  • The Fair Credit Reporting Act requires credit reporting agencies, banks and credit issuers to correct fraudulent information on your credit report.
  • You should contact the credit reporting agencies and credit issuers and let them know about the fraud.
  • You will have to provide documentation, which the Federal Trade Commission explains here.
  • Then, the FTC tells consumers to take the following steps immediately:

1. Place a fraud alert on your credit reports. A fraud alert will tells credit issuers that you’re a victim of credit fraud. They will contact you to verify any applications for credit before granting it to ensure that you and not is fraudster is the bona fide requester.

2. Close the fraudulent accounts. You’ll need to make contact with the fraud department of each card issuer to make sure you’ve closed all of the accounts. This means that the fraudster cannot access any more of your funds.

3. File a complaint with the FTC.

4. File a report with your local police, or the police in the community where the identity theft took place.

5. Continue to monitor your credit file closely and regularly. It is recommended to do this once a month after you have been a victim of credit fraud. is partnered with an array of bad credit specialist lenders may be able to approve you for a loan to help you get back onto the right track financially. With our guidance, you can rebuild your credit score and improve your financial future.

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