Credit Score

Getting a new car is exciting. Getting a car loan? Not so much, especially when you start seeing the interest rates lenders are willing to offer based on your credit score. The truth is, your credit score has a massive impact on your car loan interest rate. And we’re not talking about a just a…

Financial health encompasses a person’s financial decisions, including purchases, debt, investments, and assets, with credit score being just one aspect. Understanding your credit score/ credit report is crucial for achieving financial health. To optimize your credit score, focus on five key factors: Credit Score Factors That Affect Your Credit Payment History – consistent debt repayment.…

How much do you know about credit scores? This little three-digit number may seem unassuming, but it has a massive impact on your financial wellness. In reality, bad credit could impact your ability to qualify for a home mortgage, get a car loan, obtain low interest rates, and more. Not understanding how credit scores work…

Several factors impact your credit score. These include which types of credit you use and how much debt you owe. However, your credit utilization ratio is one of the most important factors when calculating your credit score. Understanding the ins and outs of credit utilization rates can be challenging without the right information. In this…

Understanding the factors affecting your credit score can make the difference between guessing and actually improving your financial profile. Your credit score influences major life decisions — from buying a home to financing a vehicle or even getting approved for an apartment. While improving credit can feel confusing, your score is not random. It’s built…