Credit card debt is stressful, and as your balances increase, it can become increasingly difficult to envision a time when you are debt-free. In fact, you might be so overwhelmed that you’re tempted to look for a quick fix, regardless of how dangerous or detrimental the outcome might be. However, many borrowers are unaware that … Read more
If you want a higher credit limit, most card issuers let you request it online or by phone. This could improve your credit score in addition to giving you more purchasing power with your credit card. When you try to increase your credit limit, some card issuers ask you the credit limit you want. This … Read more
We are an independent, advertising-supported comparison service. Our objective is to empower you to make confident financial decisions by giving you access to interactive tools and financial calculators, publishing original and unbiased content, and allowing you to conduct free research and information comparisons. Issuers that Bankrate has partnerships with include American Express, Bank of America, … Read more
Your debt-to-income (DTI) ratio is a crucial component of your overall financial health, in addition to your credit score. You can decide whether applying for credit is the right move for you and how comfortable you are with your current debt by calculating your DTI. Lenders assess your DTI when you apply for credit in … Read more
I didn’t even know I had a credit limit when I opened my first credit card. I didn’t understand what a credit card limit was and how it operated until after I had had a card for some time. However, I was still unaware of the implications credit limits would have for my whole financial … Read more
Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and heres how we … Read more
Depending on your circumstances, you might think about selling the car, refinancing the loan, bargaining with your lender, or willingly giving it up to prevent repossession. Experian, TransUnion and Equifax now offer all U.S. consumers free weekly credit reports through AnnualCreditReport.com. For many people, a car provides necessary transportation for work, school or other everyday … Read more
Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and heres how we … Read more
Ever wondered how those folks behind the scenes of your mortgage actually get paid? Well, buckle up, because we’re about to dive into the murky world of mortgage servicing fees and uncover the secrets of how these companies turn a profit. The Lowdown on Servicing Fees Mortgage servicers aren’t directly involved in the loan creation … Read more
Navigating the world of debt collection can be confusing and overwhelming. You might be wondering, “Can I still pay the original creditor instead of a debt collector?” The answer is, it depends. This post will discuss the subtleties of working with debt collection companies and if you can settle your debt with your original creditor … Read more