Credit cards come in all shapes and sizes. Well, most of them are roughly 7-square-inch rectangles, but they do have very different qualities. In particular, secured credit cards work differently from their unsecured counterparts. There are pros and cons to both types, and which one you need will depend on your credit scores and intentions …
Secured Credit Cards: Everything You Need to Know + 5 Top Options Read More »
If you’re looking to repair your credit, a 609 dispute letter could solve your problems. This is a letter any consumer may send to the three credit bureaus requesting additional information after finding an inaccuracy on your credit report. It usually includes a request to remove the inaccuracies from the credit report. What is a …
609 Dispute Letters: How to Use This Loophole to Boost Your Credit Score Read More »
We all need a place to live, and your prospective landlord can use your credit score to decide whether or not to approve your rental application. What credit score do you need to rent an apartment? Rental companies prefer applicants with FICO scores of at least 620. However, they will rent to people whose scores …
Payday loans are almost always a poor decision. They’re ridiculously expensive, often predatory, and consistently trap borrowers who are already struggling. But how do payday loans affect your credit score? Typically, they only impact your score when you fail to pay them back on time. Unfortunately, this is far more likely to happen with payday …
How Do Payday Loans Affect Your Credit Score? What You Need to Know Read More »
Debt consolidation can lower your monthly payments, but can it also lower your credit score? Well… it depends. In some cases, debt consolidation will get you a better interest rate, simplify your paydown process, and put you on the fast track to being debt-free. But in others, you’ll get nothing for your trouble except a …
How Does Debt Consolidation Affect Your Credit Score? It’s Complicated Read More »
When waiting isn’t an option and you need to purchase something right now, a buy now, pay later plan could be a good alternative to a credit card. These plans are easy to qualify for and generally more affordable than other financing options. But, as with any form of financing, buy now, pay later has …
Buy Now, Pay Later: What Is It + 9 Best Known BNPL Companies Read More »
Bad credit is like a shackle around your ankle. It can make getting a decent loan, buying a car, and even renting an apartment more difficult. Even the worst credit scores are salvageable, though. It’ll take some time, research, and discipline, but fixing bad credit is always possible. You don’t need to hire a credit …
Free Credit Repair: Everything You Need to Know to Fix Bad Credit Yourself Read More »
Americans are already heavily in debt. Buy Now, Pay Later plans offer another way to pile on even more debt. We’ve all wanted something out of our budget or an impulse buy. Affirm is a service that allows you to buy that item, take it home with you immediately, and make installment payments. But what …
What Credit Score Do You Need for Affirm Approval? Read More »
Debt relief services are like weight-loss services. Many of them are worthless, and some are outright scams. But borrowers who need help with their debts can’t afford to waste any of their limited cash flows. Fortunately, credit counseling is one of the few reliable sources of affordable financial help. This guide will discuss how it …
Definitive Guide to Credit Counseling: Everything You Need to Know Read More »
A guide for those looking to determine whether or not a 0% balance transfer card will help them get out of debt. What is a 0% balance transfer card? A balance transfer involves moving your outstanding credit balance from one account to another with a lower interest rate. A 0% balance transfer card is the …
What is a 0% Balance Transfer Card + 11 Best Options (and How To Use Them) Read More »