Understanding Common Types of Debt and How to Avoid Growing Debt
Debt can feel like a heavy burden, but understanding the different types of debt and how to manage them can help you stay financially healthy. From student loans to credit...
8 Tips for Getting a Lower Loan Rate
Loans can help us achieve big goals, like buying a car or going to college. But did you know that the interest rate on your loan can affect how much...
Do Authorized Users Build Credit? (Yes!)
Yes, you can build credit by being an authorized user. But you can also hurt your credit if you or the primary account owner manage the account poorly. How Being...
What Is the Lowest Credit Score and 5 Steps to Work to Improve It
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears...
How Long Does Bad Credit Last?
Bad credit can last for up to 10 years, depending on the type of negative information in your credit profile. Most bad information falls off after seven years, like late...
Why Your Credit Score Dropped After You Made a Big Purchase (And How to Fix It)
I’m sure your credit score dipping is the last thing you expected to happen after you purchased your new car or concert tickets. But unfortunately, it’s not uncommon for your...
Which Credit Score and Report Is Most Accurate?
The primary credit scoring models are FICO® and VantageScore®, and both are equally accurate. Although both are accurate, most lenders are looking at your FICO score when you apply for a...
How to Clean Up Your Credit Report: 7 Tips
To clean up your credit report, start by obtaining a copy from each of the three major credit bureaus and carefully review them for any errors or inaccuracies. Dispute any...
7 Bad Credit Card Habits You Can’t Afford to Keep
Common credit card mistakes to avoid include overspending beyond your means, missing payments or paying late, and carrying high balances or maxing out your credit limit, which can negatively impact...
How Do Credit Repair Companies Work?
A reputable credit repair company helps you understand your credit report and provides guidance on how to improve your credit score. They may also assist in disputing inaccuracies on your...