It' s true that missing the due date on some of your bills will damage your credit score, but there are some financial transactions that don't have any effect, either good or bad.
It is always a good time to check your credit report, but which free source should you choose? Here is a list and some things to look for before you provide your personal information.
From deals on masks to offers of loans, scams related to the coronavirus pandemic are everywhere. Here the Consumer Financial Protection Bureau has put together a list of ways to protect yourself and your money from scammers.
A quick look at the new FICO score along with the other credit scores such as Vantage, that are available to consumers.
Credit counseling organizations can advise you on your money and debts, help you with a budget, offer money management workshops and much more.
By now, most of us are familiar with the big three credit reporting agencies, Equifax, Experian and TransUnion. We can receive a free copy of these credit reports, every 12 months through Annual Credit Report.com. But were you aware that there are many other companies who collect and distribute information about our financial habits and other behaviors?
Banks, credit card companies and other businesses use credit scores to estimate how likely you are to pay back money you borrow.Â A higher score makes it easier to qualify for a loan or lower interest rates. Many scores range from 300- 850, but different companies use different ranges.
The Military Lending Act (MLA) says that you canâ€™t be charged an interest rate higher than 36% on most types of consumer loans and provides other significant rights.