From juggling multiple credit cards to your homeâs mortgage, car payments, and student loans, dealing with debt can be stressful. As you make decisions to help manage your finances, you may consider consolidating some or all of your debt into one convenient payment. There are many benefits to combining your debt; like the opportunity to […]
The post Will consolidating your debt help your credit score? appeared first on Credit Absolute.
The following is a guest post from Paige Williams, a public relations specialist with New Roads Auto Loans The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. When most people think about credit and a car loan, they’re thinking about what credit score qualifies… Read More
The post How a Car Loan Can Increase Your Credit appeared first on Credit.com.
If you have an idea for a new business, or a plan for expanding your existing business, your ability to achieve your goals could depend on your ability to receive financing. A transparent understanding of small business loan requirements can better prepare you for the types of questions a bank might ask and the things […]
The post What Criteria is Required for a Business Loan appeared first on Credit Absolute.
Charge! From everyday purchases to splurges, consumers often turn to credit cards. Some Americans even reach for the plastic to pay the rent. But is paying rent by credit card a good idea? Is it even allowed? The answer to both questions: It depends. By late 2020, there had been as much as a 70% […]
The post Can You Pay Rent With a Credit Card? appeared first on SoFi.
Want to get a quick and easy measure of your financial health? Personal finance ratios (which show the relationship between numbers), can be a great starting point. Youâve likely heard about ratios before. Wall Street and corporate analysts use a host of ratios, such as debt-to-equity or price-to-earnings, to help determine how public companies or […]
The post Understanding Different Personal Finance Ratios appeared first on SoFi.
Debt may seem like something you want to avoid. But having some debt can actually be a good thing, provided you can comfortably afford to make your payments each month. A good payment history shows lenders that you can be responsible with borrowed money, and it will make them feel better about lending to you […]
The post What Are the Different Types of Debt? appeared first on SoFi.
Reading over your loan options can feel like studying a foreign language. What is a fixed vs. variable loan? And what on earth is a rate index? Whether you are taking out a home loan or financing your next vehicle, youâre bound to come across some of the same terms. Having a fixed-rate loan is […]
The post Fixed and Variable Rate Loans: Which Is Better? appeared first on The Simple Dollar.
The standard credit range for both FICO and VantageScore is 300-850. This range has led many people to believe that they need perfect credit in order to receive the best rates on lending products. Fortunately,…
The post What Is the Highest Credit Score You Can Get? appeared first on Crediful.
Conventional wisdom says that a good down payment for a car is about 20% of its total price. That’s because cars typically lose about 21% of their original value the first year. The logic was that if something happened to the car, it wouldn’t necessarily total your finances as well. If, for example, you had a… Read More
The post How Much Do You Need for a Down Payment on a Car? appeared first on Credit.com.