1. Pay Your Bills On Time Late payments, collection accounts, and past due accounts significantly impact your overall credit score, hence should be avoided at all costs. Paying your bills on time, however, works towards improving your credit and reduces the risk of accumulating debts. The payments however ought to be consistent for at least…
Do you know how many credit cards are used throughout the globe? The answer is 2.7 billion. Approximately 70% of people have at least one. The most popular ones are master cards. What do these figures indicate? This shows that their popularity is increasing. If you own one, then maintaining a good borrowing history is…
When applying for a loan, regardless of the amount, the usual step forward is to check the borrowers’ credit score. And every lender goes through this step. But, did you know there are loans that do not need any credit check? In fact, you should learn more on no credit check loans in Canada, especially…
In 2019, approximately 53% of all Americans had a bad credit score. This reflects financial struggles among the people, with a majority of them being unable to service existing loans. If you’re struggling to get out of this financial quagmire, you shouldn’t despair fast. Numerous institutions offer loans for people with bad credit. This article will…
When looking at the impact of a short-term loan on your credit score, it can often seem adaunting as any loan has the potential to negatively impact your credit score. However, it is possible to keep that from happening whilst getting yourself out of financial trouble. In this article, we will be providing you with…
For people who have bad credit, the need to get hands-on cash quickly is a problem that is not easily solved. Although it would be ideal to have an emergency fund ready for situations like this, that is simply not always an option. So, if you have bad credit, then you might be wondering what…
How much do you know about credit cards? Most people only know that they provide the holder with credit, which they can use to make purchases and make other transactions. However, there is more to the cards than just the credit they offer. Therefore, if you are already using or are planning on getting one,…
Knowing how credit scores work can help ensure yours is the best it can possibly be. Over the years, a number of misconceptions have crept into popular knowledge surrounding this topic. Let’s take a look at some of the most prevalent to set the record straight. So, here’s a list of the top credit score…
If you have ever tried to engage in any kind of formal borrowing, you will probably have some sense of just how important it is to have a good credit rating. The truth is that you can’t expect to be able to borrow much at all if you have poor credit, and yet the sad…
Surprisingly, it’s all too easy for something like a car accident to derail a spotless credit history. You might not even find out it’s falling until your credit card rates start rising or you get turned down for a loan. The worst part is that it can dive through no fault of your own if…