Better Credit Means Better Terms and Faster to Debt Free You’ve probably heard it before: there is good debt and there is bad debt. Good debt, such as a mortgage or student loans, help you pay for something that will increase your net worth. Bad debt, like credit cards, (usually) carries higher interest rates and…
Your credit score is one of the most important numbers to know. You probably already know that your credit score impacts how much money you can borrow and the interest rate. But there are other big-picture ways that your credit score can affect your life. Having a low credit score may keep you from scoring…
Know How To Avoid These Credit Mistakes We all make mistakes. Millennials are in the spotlight for theirs because they’re the first generation that’s constantly connected. You can buck the trend and avoid these credit mistakes, but first, you have to know what they are. We have rounded up the most common mistakes, and the…
Many Rentals Check Credit Upon Application Do you know what your credit score is? If you’re not planning to take out a loan any time soon, you probably aren’t too worried about it. This could leave you in a bit of a pickle if you have to shop around for a new apartment. Many rental…
There are lots of important numbers that can determine your potential success. The most important number from a financial perspective is your credit score. Most people associate a high credit score with someone who is responsible and trustworthy. That’s why so many lenders require a good credit score to make loans – whether that’s for…
According to Realtor.com, payment history accounts for 35 percent of your credit report score, followed by the amount you owe, the length of your credit history, new credit, and the different types of credit you hold. Your credit score is the key to getting a stable loan with the best interest rate possible. Fortunately, there…
Even those who are the most careful with their credit card, social security number, and personal information are at risk of having their ID stolen. We live in a digital age, and that means everything is done electronically. By taking precautions a person can minimize the risk; however, the thieves will always find a way….