Put simply, creditworthiness is the measure by which a lender determines whether you will be able to pay your debts back. A borrower who is deemed creditworthy is one whom a lender believes is willing, able, and responsible enough to make regular loan payments as agreed upon. Creditors use it to assess you before they …
We’re all familiar with the stress our GPA scores have caused us. We all know how much that number on our paychecks matters to us. Similarly, the three-digit number that constitutes your credit score can either be a source of relief, or a contributor to your daily dose of stress. Credit scores determine your long-term …
During these times of financial uncertainty, people are getting more and more concerned about securing their financial future. This includes maintaining a good credit card score in order to save money on interest rates. One of the most effective ways to grow your credit score is to pay off your credit accounts. When you pay …
Paying Off an Account: Understanding How Quickly Your Credit Score Will be Affected Read More »
The novel coronavirus has changed our lives in more ways than we could have imagined. Most of us have had to undergo a drastic readjustment process, while offices, businesses, and educational institutions have shifted online. A lot of us went from spending very little time at home, to spending most of it indoors with our …
Assessing How COVID-19 Has Affected Your Financial Habits Read More »
Contrary to popular belief, you don’t need to be making a lot of money to maintain a good credit score. What most people don’t tell you is that you can be unemployed and still have a credit score of over 800. Growing your credit score actually comes down to five simple factors: Your payment history …
3 Ways to Supplement Your Credit Without an Income Read More »
Buying a house is the biggest investment most of us make in our lives. This can lead to a lot of anxiety around the decision, which is only heightened by not being prepared. Qualifying for a mortgage loan is a major part of the homebuying process. In this piece, we’re going to help you ensure …
Many American credit card users end up paying just their minimum credit card payment each month, instead of making a full payment that would leave them free of debt. But while paying the minimum amount each month is convenient in the short-term, it could leave you with a staggering amount of debt in interest charges …
Errors on your credit report can negatively affect your overall credit score. The most common complaint consumers make is the inclusion of incorrect information in the credit report. A study conducted by the Federal Trade Commission found that 26% of people found an error on their credit report which could endanger future borrowing by making them seem …
Your credit score can be anywhere between 300 and 850, and is an indicator of your borrowing power. Put simply, a good credit score allows you to borrow from lenders at lower interest rates. A poor credit score—typically below 670—indicates that banks and other lending institutions won’t offer you competitive interest rates due to your …
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If my plan is followed and nothing improves, we offer a money-back guarantee.
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