Almost everything significant in life requires you to have a good credit score. If you’ve been watching yours lately, you may notice it hardly moving, if it moves at all. It would help if you created a plan to proactively move toward a higher credit score, as every decision you make can affect it in …
Are you wondering why your credit score is important and how you might improve it? At some point, you will most likely need to apply for credit. Then, when you apply for credit, you must demonstrate to your lender that you can repay the loan.  Lenders use a tool to build that trust, among other …
Your Credit Score: 7 Important Things to Know About It Read More »
Your credit score is a critical factor in your ability to get approved for a loan, lease, or credit card. But you’re at a disadvantage if you’re unsure how it works or what factors affect it. Knowing the ins and outs of your credit can help you strategize and plan the best way to improve …
Checking your credit rating by using the credit score monitoring app from SoFi is the best way to get insight into your credit capabilities when looking for a loan. Also, credit scoring companies have their ways of figuring out the factors that determine your credit score. The main factors that affect your credit score include …
Your credit score is one of the essential building blocks of your financial records. Without it, you can’t use financial products available on the market like loans, mortgages, etc. It’s like a crutch because getting almost any loan would be a breeze with a good credit score. For example, if you’re planning to buy a …
3 Tips on How to Fix Your Credit Score Right Now Read More »
Financial management may require you to rebuild credit, especially if you have gone through a tough financial time or lost your job. Consumer proposals may prevent you from having to file for bankruptcy but will require rebuilding credit We have gathered some tips to help you rebuild your credit score faster than you think. How …
This article originally appeared on Credit.com and has been republished here with permission. Before you make a major purchase, like a home or car, you’ve probably put a lot of thought into the process. You might have worked to make sure your credit is in the best shape possible before you apply for a loan. …
Here’s How to Boost Your Credit after a Big Purchase Impacts Your Score Read More »
This article originally appeared on Credit.com and has been republished here with permission. A good credit score will make your life a lot easier; it will help you qualify for loans, apartments and even jobs. But you’re not born with a credit history. Much like you have to spend money to make money, you need …
6 Surprising Ways New Cardholders Can Build Credit Read More »
Are you wondering if you can fix your credit with bad credit loans? Indeed, your credit history reflects any applications made to a financial institution. A borrower’s relationship with lenders such as banks forms their credit history. A borrower who makes payments on time and in full ensures positive reporting. As a result, they have …
Wondering about your credit score and can’t tell what’s true or a myth? The average credit score in the United States is 698, based on VantageScore® data from February 2021. And, this is considered in the good range. Almost all Americans over the age of 18 owe some form of debt. During the third quarter …
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