It puts a lot of stress on someone when they try and try to get approved for a loan, but it fails. If you are someone who isn’t getting approved for credit cards or loans or aren’t getting favorable rates for financing, you might need...
When a bank lends money to clients, it takes the risk that the loan may be unrecoverable. Although mortgages and other major loans require some form of collateral, credit cards are distributed without this reassurance. To compensate, banks and other lending agencies use credit scores...
According to a Gallup poll, 71% of Americans have at least one credit card, with 34% owning three or more. Since the number of credit cards you should ideally use varies individually, it’s nearly impossible to determine the “perfect” number of cards for every person....
You hear a lot about credit scores; ads are plastered across televisions and billboards talking about ways to find out and improve your credit score. What people aren’t talking about are the basics: what it is and why it matters to you. You can’t start...
It may be difficult to imagine life at 30 when you’re focused on climbing the corporate ladder and paying student loans. However, it’s essential to devote time and money to your future in your 20s when you don’t have many financial responsibilities. These are the...
Repairing a bad FICO score takes time. There is no immediate way to fixing a lower credit score. Do you need to hire a credit repair company? No, not necessarily. Do you need to make a plan to pay off debt? Yes. Here are 4...
It’s a brand new year, and with that always comes the hubbub of self-improvement. We have a challenge for you: This year, don’t overwhelm yourself by trying to improve every single aspect of yourself. (Really, though, you don’t even need any improving.) Instead, let this year...
A credit score is a 3 digit number that is unique to your credit report. Your credit score allows potential lenders to quickly get an understanding of your credit and how likely you are to become delinquent on credit cards, loans, or mortgages. There are...