Education

What Is A Credit Score

WHAT IS A CREDIT SCORE: The majority of people understand the basics, like how failing to make a payment will cause your score to go down, but there are a number of complexities that trip up the average consumer. If you do not pay your debts on time, avoid carrying too much debt on any one card. Do not close...

The Costs of Bad Credit

Getting Approved for a Loan Can Be Difficult Your credit score directly affects your likelihood of securing approval for a new loan or credit application. The lower your score, the less likely you are to find a willing lender. Even If you’re close to your lender’s prime-subprime or quality level cutoffs, many lenders simply don’t make loans to subprime borrowers...