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 […]
The Truth About Property Repossession and Your Credit Score
Property repossession can be a very overwhelming and confusing ordeal. It can leave a person feeling vulnerable and helpless. It can also leave you wondering if your credit score can ever recover. Keep reading to see what you can expect to happen to your credit score if you’re facing property repossession. What Exactly Is Property […]
How to Best Pay off Debts to Increase Your Credit Score
Does a low credit score have you worried about the future? The good news is that your credit score doesn’t have to stay in a bad place forever. However, you will need to do some work and be willing to be patient if you want to get it to a good place. Being smart about […]
The Five Categories That Shape Your Credit
There’s a lot of mystery surrounding what goes into a credit score. We are often left wondering if financial blunders from our past could limit our opportunities today and in the future. There are plenty of misconceptions out there when it comes to what does and doesn’t hurt your credit score. For instance, your account […]
How to Check Your Credit Score
Credit scores give you an overall sense of your financial health and provide insights to where you can make improvements. Knowing where you stand gives you the best chance for getting new credit cards or loans without navigating through rejected applications. Having your score handy also makes it easier to compare the various financial products […]
Understanding the Options and Consequences of Credit Card Debt
Debt is a small word that can feel like a huge burden. It sneaks up on you when you are least prepared. The digital world makes it so easy to acquire credit cards and loans that many people take on debt without fully understanding the long-term implications of signing their name on the dotted line. […]
