Browsing: Credit

Does financing a car build credit? This is one question that arises every time you go for a loan. Your…

Just about every adult has a credit score, and that figure can easily end up being one of the most financially important of all. Consumers with particularly high credit scores typically have many borrowing opportunities and can generally take out loans at the lowest rates of all. Even people with low scores and negative marks

Debt consolidation loan could help you avoid bankruptcy. Essentially, it means taking one big loan to repay all your debts and loans. The new loan will have more favorable interest rate and monthly repayment system and it will be the only loan you will have to deal with. Sounds just perfect for you, right? If

Credit cards make our lives a whole lot easier, we can shop around as much as we like without having to worry about whether or not we have brought enough cash. The problem here is that we can end up having a lot to worry about in the not too distant future, the bills start

In my previous article, I discussed in details how mistakes occur in credit reports, how to dispute those mistakes, and what are the downsides. I gave a hint in that article that mistakes are not always made by creditors or credit bureaus, as sometimes, it’s the credit card holder, who’s at fault. In this article,

It’s a sheer myth that checking your credit score lowers it. No, it doesn’t. But if you request your lender to reveal your credit, then that’d be considered as a hard inquiry, and may hurt your score. The good news for you is even if your credit score dips, there are plenty of ways you

All of us have used credit cards in some point of time, in life. Paying off credit card debt can be difficult which arises when we fail to pay the payments on time. Overuse of credit cards is the primary reason why people get into debt. Everyday purchases through credit cards can lead to a

Your credit history report is a major factor on which lenders base their decisions as to whether or not to approve your loan applications. It should therefore be a primary concern for anyone with a bad credit rating to ensure that they take steps to make improvements to their report. This will help to facilitate