What’s a Good Credit Score to Buy a Car?
Your credit score matters in numerous circumstances, such as when applying for a mortgage, renting an apartment, getting insurance, or requesting an auto loan. For example, if you’re looking to buy a new car, this unique-to-you number shows lenders how likely you will be able to repay an auto loan and the interest rate you’re […]
The Difference Between FICO and Credit Scores
Credit scores are unique-to-you numbers based on your credit history and financial activities over time. Your score is generated from credit report data and used by third parties to assess your creditworthiness as a borrower. FICO score is among the most widely used credit scoring models. But is FICO score and credit score the same? […]
The Pros and Cons of Hiring a Tax Professional
Tax season is a stressful time of the year for many people. Tax law is complex and ever-changing, so even the savviest business professionals often struggle to handle their taxes independently. So, should you hire a tax professional or do your taxes yourself this year? There are pros and cons on both sides of this […]
How to Have a Baby Shower on a Budget
Welcoming a new baby into the world is one of life’s most extraordinary and meaningful experiences. It can also be among the most stressful financial times as you begin planning ahead for the delivery, setting up the nursery, and coordinating childcare. Another significant milestone is hosting a baby shower to celebrate the new arrival with […]
How to Make a Budget: A Step-by-Step Guide for Beginners
Creating a budget might sound intimidating if you’ve never done it before. But regardless of income or financial situation, everyone benefits from seeing where their money is going and planning for the future. There are many benefits to making a budget, such as helping control your spending, reduce stress in your life, and achieve your […]
Soft vs. Hard Credit Inquiries & How They Affect Credit Score
Credit inquiries occur when someone runs your credit information to gauge your spending and credit utilization habits. These types of credit checks play a crucial role in making financial decisions because the results can impact your ability to make purchases. There are two main types of credit inquiries: a hard credit check and a soft […]
