Most damaged credit could have been saved by having a healthy savings account. Start building a savings account today with a high interest savings account that earns 20x the national average.
A credit score is a 3-digit number based on your credit history. Credit scores summarize how well you handle debt. Credit scores also help lenders assess the risk they would be taking by extending you credit. Higher credit scores typically help you qualify for better rates from lenders – which can save you money!
Authorized user credit is a proven strategy to improve credit scores but there could be drawbacks depending on the primary cardholder’s credit habits.
The negative effects of late payments on credit scores is two-fold. Late payments can take up to 100 points from a credit score plus once a late payment is on your credit reports, it can be there for 7 years.
Knowing how to build credit without a credit card requires thinking outside the box. While credit cards provide an easy way to build a credit history, they may not be ideal for everyone. Get 5 easy strategies.
The main habits to achieve excellent scores are to keep credit card balances low and consistently make payments on time, even if it’s just the minimum.
When you agree to be a co-signer for an apartment you are making a decision to be financially responsible for monthly rent payments and any unpaid rent. Take a look at 5 facts to know before agreeing to co-sign on an apartment lease.