Bella Mertz If you have ever applied for a mortgage, auto loan, or credit card, you are likely aware of your FICO score. You likely have quite a few. This is so that lenders can use various versions of your FICO score based on other factors and the type of credit you need. Heres a quick guide … Read more
If you’re concerned about how to pay off debt, here are some things to consider and where to look for reliable assistance. Feeling overwhelmed by debt? You’re not alone. Millions of Americans struggle with debt and it can feel like an insurmountable obstacle. But don’t despair! There are steps you can take to regain control … Read more
It’s not uncommon for your Equifax score to be lower than your TransUnion or Experian score. In fact, it’s quite common. There are a few reasons why this might happen: 1. Different Credit Reporting Models: Each credit bureau uses a different credit scoring model. This means that they may weight different factors differently when calculating … Read more
As many financial experts like to point out, there’s no assurance that you can dramatically raise or lower your credit score in just six months. But if your goal is to not only get your credit score back on track, but to do so quickly, those same experts have a whole toolkit of doable advice … Read more
Dreaming of a $800,000 Costa Mesa home? That’s a lovely dream, but let’s talk about the hard money you’ll need to make it happen before you start packing up your belongings. Everyone’s concern is how much income is required for a $800,000 mortgage. The Magic Number: $180,000 (ish) There’s no one-size-fits-all solution, but generally speaking, … Read more
In summary, having less-than-ideal credit may not prevent you from obtaining a car loan, but it may have an impact on the interest rate and other loan conditions. Generally, the lower your credit scores, the higher your interest rate will be. However, there might be methods to obtain a better rate, such as obtaining a … Read more
In a Nutshell: Writing a goodwill letter to your creditors may help to remove negative information from your credit reports, though this is not a guaranteed outcome. Here’s when and how to try this credit tactic. Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect. We think its important for … Read more
You may be wondering, if you’re having financial problems, “How long can you legally be chased for a debt?” Unsecured debts typically have a statute limitation of six years, after which the debt becomes unenforceable. It’s not quite as easy as waiting for your debt to run out, though, as your creditors have this six-year … Read more
One can easily think of travel, car rentals, and hotel stays as the most evident benefits of credit card reward programs. However, you can also use your reward points to settle part of your credit card debt by exchanging them for cash back or statement credit. If you have any upcoming travel expenses, using points … Read more
In the credit score range of 300 to 850, a score of 700 or higher is typically regarded as good. In the credit score range of 300 to 850, a score of 700 or higher is typically regarded as good. A score of 800 or above on the same range is considered to be excellent. … Read more