How Fast Can a Credit Score Go Up?

Your credit score is one of the most important measures of your financial health. It tells lenders at a glance how responsibly you use credit. The easier it will be for you to get approved for new credit lines or loans, the higher your score. A higher credit score can also open the door to … Read more

589 Credit Score: Can You Still Buy a Car?

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

The Shocking Truth About Credit Card Debt in America: How Much Do We Really Owe?

Fact Checked Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors opinions or evaluations. Across the country, many Americans are struggling with mounting credit card debt. The most recent data from the Federal Reserve reveals that credit card debt soared to $1. 13 trillion—yes, that’s trillion … Read more

Should I Pay a Charged-Off Account After 7 Years?

Whether you’re buying a house, applying for a car loan in your name, or simply opening a credit card account, your credit score matters. Your credit score is heavily influenced by the way you handle loan, credit card, and other credit payment obligations. A charge-off, or a creditor’s declaration that a debt is unlikely to … Read more

Can I Spend My Available Credit?

Available credit is not the same as your credit limit. Learn about the differences. Trending Videos Credit limit is the total amount of credit available to a borrower, including any amount already borrowed. The amount you have left over to spend before reaching your credit limit is known as available credit, which is calculated as … Read more

Hard Credit Inquiry vs. Soft Credit Inquiry: What They Are and Why They Matter

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