Most people likely think that their credit history is only important when they’re applying for credit. But, your credit history can impact you in other ways, too. Employment Your indebtedness can affect an employer’s decision to hire you. The…
When you apply for a mortgage or home loan, the lender will use your FICO score. In fact, three FICO scores will be used to determine what’s called your “middle score”. The middle score Your lender will pull one FICO…
Often, consumers are advised to make weekly or multiple payments throughout their credit card billing cycle. However, there’s not much context given with this advice. This could leave consumers tying up their funds unnecessarily. Let’s consider…
In 2021, Experian, Equifax, and TransUnion collectively received over 700,000 consumer complaints filed against them at the Consumer Financial Protection Bureau (CFPB). The three major credit bureaus, who are responsible for collecting and maintaining credit…
In our “Important things to do before applying for a credit card” article, we encouraged credit card applicants to reach out to their prospective credit card issuer and inquire about a few things, including the credit card’s payment grace…