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 »
Bankruptcy can crush your credit. If you went into bankruptcy with a good credit score you could lose over 200 points. If your credit is average, you could drop 130 to 150 points. If your credit is already poor, you’ll lose less. Rebuilding credit after bankruptcy takes planning and effort. 14 easy ways to repair
How to Rebuild Your Credit After Bankruptcy: 14 Simple Steps Read More »
Disclaimer: DebtHammer may be affiliated with some of the companies mentioned in this article. DebtHammer may make money from advertisements or when you contact a company through our platform. A good credit score matters because it can directly affect your ability to qualify for things like loans, apartment rentals and even certain jobs. With good
How to Improve Your Credit Score in 26 Steps Read More »
What are your options if you have no credit history and want to get a credit card or want to start building your credit? Having no credit history is also known as being “credit invisible,” a designation that affects 26 million Americans. A credit builder loan may be able to help. They are designed for
Credit-Builder Loans: What You Need to Know Read More »
“Look! Up in the sky! It’s the national debt of the United Kingdom!”“It’s the total GDP of Russia!”“No, it’s America’s student loan debt!” Don’t cry, little buddy. Joe Biden’s got your back. Probably. I’m going to go ahead and say what we’re all thinking. America’s student loan debt is getting just a teensy bit out
The DebtHammer Newsletter #3 Read More »
There’s a lot of misinformation out there about credit scores. People have been perpetuating myths about how they work and what affects them for years, so it’s no surprise that so many others are confused about how their credit scores are calculated. But in truth, the process is pretty easy to understand if you can
How are Credit Scores Calculated? Read More »