Rebuilding Credit
Getting a New Car: Lease vs. Buy
If you’re in the market for a new car, you have a lot of options. But two of those options—leasing vs. buying—leave many people confused. Below are a few things you need to know about leasing...
How Do Different Types of Credit Affect My Credit Score?
The type of credit you use accounts for 10% of how your FICO score is calculated. Generally speaking, a borrower with a mix of different types of credit (revolving, installment, and secured) will...
Purchasing a Vehicle: Used vs. New
Right next to buying a home, buying a vehicle is one of the largest purchases you’ll make, and its impact on your finances and credit is significant. Below are a few things you should consider when...
Credit Score Facts: What Is the Average American’s Credit Score?
We’re a nation that runs on ideas, innovation, hard work, and lots of credit. With that in mind, many people may wonder what the average American’s credit score looks like. Well, it’s not so...
How Getting a Credit Card Can Improve Your FICO Score
Got financial goals such as purchasing a new car or a home but have a credit score that’s standing in the way? Well, opening and maintaining a credit card account can improve your FICO...
How Lenders Evaluate Your Creditworthiness
When applying for a loan, your creditworthiness must be evaluated by the lender. The lender will look at a number of factors before extending any credit to you. Let’s take a look at a few of those...
What Is Credit Utilization and How Does It Impact My Credit?
Credit utilization is one of the most important factors in determining your credit score. For lenders, how you utilize credit can be a good indicator of how well you manage any loan they give you....
Four Important Dates and What They Mean To Your Credit Score
For most, reviewing a credit report can feel like trying to decipher an ancient language. One of the things that may feel confusing is all the dates reported on your credit report. Let’s take a...
Identify Theft: What to Do When It Happens To You
Identity theft is the number one consumer complaint in 2015, according to the Federal Trade Commission (FTC). Millions of Americans have found themselves facing down identity theft that threatens to...
How Does Getting Married Affect My Credit?
Getting married is a huge life decision, so it’s natural to have concerns about how marriage and your spouse’s financial history will impact your finances. Let’s explore some of the facts about...