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 […]
Financing Options for Home Energy Efficiency Improvements
Did you know that the average cost of utilities in America is $500 to $600 per month? Increases in utility usage and costs can drain your budget and have a broader global impact by depleting limited natural resources in our environment. One way to take care of your finances and the planet is to make […]
Does Refinancing Your Car Hurt Your Credit?
When you refinance your car, you take on a new loan to pay off your existing balance. Taking on a new refinance car loan means having a new interest rate and loan terms. Yet the purpose of getting a refinancing car loan is to eventually save money with a better interest rate, lengthen your loan […]
How a Red Flag on Credit Report Could Affect You
Many people don’t think about their credit reports until it’s time to buy a new car or home. But by that point, plenty of red flags could have accumulated to stand in the way of what you want to purchase. You are not alone if you are unsure how to read a credit report. Many […]
How Does Collections Affect Your Credit?
While debt collection may have a negative impact on your credit score, it may not be as bad as you expect. Here’s how collections affect your credit and what to do.
8 Signs of a Personal Loan Scam
Personal loans are an excellent option when you need fast, flexible funding in one lump sum. Many people rely upon this type of traditional installment loan when unexpected expenses arise in an emergency or time of need. However, consumers need to be mindful of the prevalence of loan scams and be vigilant in choosing a […]
