Your credit score has been declining, and after some research, it seems that a settled or closed account from months ago is having an impact on it. Settled accounts can appear and affect your credit score and report for up to 7 years. Continue reading to find out more about settled accounts, how to remove … Read more
If you need to borrow money, there are different ways you can go about it. You could take out a personal loan, which allows you to borrow money for any purpose. However, if you own a home, you might want to take out a loan against the equity in that asset. You can do so … Read more
A prime credit score is the highest of all credit scores; it denotes financial responsibility and provides access to a wealth of financial opportunities. However, what is a prime credit score exactly, and how can one obtain this highly sought-after distinction? The Magic Number: 660-719 On the FICO credit score scale, a prime credit score … Read more
Ever checked your credit scores and noticed a significant discrepancy between TransUnion and Equifax? You’re not alone. This scenario is more common than you might think, leaving many wondering why these scores differ and which one truly matters. Buckle up, because we’re about to dive deep into the world of credit scores and unravel the … Read more
Hey there, future homeowner! So you’re thinking about buying a house but you’ve got that pesky student loan debt hanging over your head. Don’t worry, you’re not alone. Millions of Americans are in the same boat. But the good news is, buying a house with student loan debt is definitely possible. It just takes a … Read more
A key homebuying decision is weighing a 15- versus 30-year mortgage. Although 30-year mortgages are the most common, if you can afford one, a 15-year mortgage has some significant benefits. Find out whether one of these loan terms, or an alternative loan type, will best suit your finances. The allure of a 30-year mortgage is … Read more
Have you ever checked your credit score and noticed a discrepancy between Equifax and TransUnion? You’re not alone! Many people experience this head-scratching phenomenon, wondering why their scores differ across these two major credit bureaus Let’s delve into the reasons behind this score variation and explore its implications for your financial journey. Understanding the Credit … Read more
You can’t have a zero credit score but you can have no credit score. Learn why living without a credit score can make some financial goals harder to achieve. This article is meant to be a general reference source; it is not meant to offer information specific to American Express goods or services. Similar goods … Read more
Applying for a new credit card can be an exciting prospect, but it can also be shrouded in mystery. One question that often arises is whether credit card companies can see your bank account balance The answer, as with most things in finance, is a bit nuanced. No, credit card companies cannot directly see your … Read more
When it comes to credit cards, Capital One offers a diverse range of options to suit various spending habits and credit profiles. But one question that often arises is: what is the highest credit limit for Capital One cards? Understanding Credit Limits and Their Impact Let’s first examine what a credit limit is and why … Read more