Bad credit ruins your credit history and will affect your financial future. Before any financial institution extends to you a credit product such as an auto loan, student loan, mortgage, or credit card, they first look at your credit...
They say it's all about timing, and it's particularly true when it comes to paying for loans. The most significant factor weıghıng in your credit score is paying back your credit card and loan balances on time.
Your credit score...
Credit-builder credit cards are credit cards for people who want to boost their credit score because they have little or poor credit. Your credit score is used to determine if you are a reliable person to lend money or give credit to.
You'll...
A lot of people accumulate credit card debt for a number of reasons. For this reason, banks try to offer financial solutions to provide a breather for customers who want to settle their balances. This is where balance transfer...
A lot of us have an old credit card lying around in our wallets. Even though we do not use these cards anymore, we feel hesitant to close them. This might be attributed to the fear of damaging our...
Strong credit plays an integral part in your financial life. For obvious purposes like obtaining a credit card, car loan, or mortgage, most people think of good credit. But credit also plays a role in less obvious things, such...
Bankruptcy is a complex legal process that can affect your reputation seriously and adversely. On the bright side, It won't last forever, no matter how much damage is done to your credit.
Bankruptcy remains on your credit report for seven...
Your credit score is determined from credit report data, so you want your reports to display a strong on-time payment history. But not every payment that you make will go to your credit reports.
For example, gym memberships, health insurance premiums,...
The first things you can get in life are an apartment, a car loan, or a mortgage, and you can get these things through your credit score. But, it is maddeningly elusive to get a score when you start....
The highest credit value you can obtain is 850 using the FICO model. However, any score more than 740 is widely regarded as excellent and places items, like credit cards, mortgages, and car loans at the best interest rates.
Even if...
Your credit score plays the most important role in determining whether your loan application will be accepted by the lender or not. If you already fulfill the eligibility criteria for a loan, then it is your credit score that...
Your credit score determines what you can access so it's pretty important to know how to raise your credit score in 30 days. Your score determines how you live today and how you will in the future. The lack...
