You’re not alone if you’ve ever looked up your credit score and discovered that it varies from one credit bureau to another. The three main credit bureaus, Equifax, Experian, and TransUnion, actually frequently have different credit scores. Actually, it’s not uncommon for scores to vary by fifty points or more. This disparity can be perplexing … Read more
During hard times, loan forbearance—a temporary reduction or suspension of payments in response to a borrower’s temporary hardship—can help maintain household cash flow. It can also have significant impacts on your credit history and credit scores. Borrowers looking for relief from financial hardships have historically had the option of forbearance, though lenders have traditionally been … 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
A forgivable loan is a type of loan that can be partially or completely forgiven if the borrower meets certain requirements. These loans are typically offered by government agencies or non-profit organizations to incentivize borrowers to work in specific fields or locations. Forgivable loans can be a great way to reduce your debt burden, but … Read more
After someone passes away, credit card debt is typically settled by their estate, but occasionally a beneficiary may be responsible for it. This article will cover: The death of a loved one is a difficult time, and dealing with their financial affairs can be overwhelming. One of the things you may need to handle is … Read more
Congratulations! You’ve decided to take the plunge and buy your dream home. Nonetheless, there’s one important step you must complete before looking through properties and dreaming about paint colors: getting pre-approved for a mortgage. A mortgage pre-approval is like a green light from a lender, telling you how much you can borrow and giving you … Read more
Yes, you can sue a company for running a credit check without your authorization. This is considered a violation of the Fair Credit Reporting Act (FCRA), which gives you certain rights regarding your credit report. Here’s what you need to know about suing for an unauthorized credit inquiry: 1. What constitutes an unauthorized credit inquiry? … Read more
Dreaming of owning your own home but wondering if it’s within reach on a $30,000 salary? The good news is it’s absolutely possible! While the path to homeownership might require some careful planning and budgeting, with the right information and strategies, you can turn that dream into reality. Let’s dive into the key factors that … Read more
International humanitarian organizations claim they still encounter violence and practical challenges when attempting to provide aid throughout the famine-threatened region, following the death of World Central Kitchen aid workers in Gaza due to an Israel airstrike that drew international condemnation. A week after the World Central Kitchen attack, UNICEF spokesperson Tess Ingram tells TIME over … Read more
While paying off your debts often helps improve your credit scores, this isn’t always the case. After making all of your loan or credit card debt payments, it’s possible that your credit scores will decline. However, that doesn’t mean you should ignore what you owe. The advantages of paying off your debts outweigh any potential … Read more