There’s no doubt that using credit cards can make life easier. It makes sense to use your card for everyday purchases when everyone takes plastic, from the flower seller at the farmers market to your favorite food truck. But using your credit card isn’t always the smart choice. While earning airline miles and cash-back with … Read more
The current average mortgage rate for someone with a good credit score (700) was 7. 42% as of January 3, 2025, according to Curinos data. Your credit scores can directly impact your eligibility for a mortgage and the interest rate you receive. You may need a score in the high 700s (or higher) to get … Read more
You can build credit with a credit card by regularly using the card, using a small amount of your credit limit and making all of your payments on time. By following these tips, you can build a good credit score. Credit cards are one of the best ways to build credit and raise your credit … Read more
Several risks come with not paying your credit card bills. You may accrue late fees and interest that further increase your debt, your credit card company may send your account to collections, and you may have a damaged credit score – making it harder to secure loans in the future. Lenders can put a lien … Read more
One of the best things you can do for your credit is to pay off your balance in full and on time every month. This keeps you from having to pay interest and shows lenders that you can handle your credit well. But what happens if you accidentally pay more than you owe on your … Read more
Paying your mortgage every month is an essential part of being a homeowner For many people, having the mortgage payment automatically withdrawn from a bank account can be a convenient option. In this article, we’ll look at how automatic mortgage payments work and the pros and cons of setting them up How Do Automatic Mortgage … Read more
If a debt collector contacts you, use the opportunity to find out about the debt, which will help determine if they’re legitimate and if you really owe it. When a debt collector calls you for the first time about a debt, they are usually required by law to give you certain information about the debt … Read more
Only about 266 percent of financed cars go to borrowers with credit scores of 661 or higher, but people with lower scores do have options. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take … Read more
One of the most important things that lenders like Wells Fargo look at when deciding whether to give you new credit is your credit score. But what exactly does Wells Fargo mean by “good” credit? In this detailed guide, we’ll explain everything you need to know about credit scores and what Wells Fargo wants. Before … Read more
When it comes to how often you should apply for a card, thereâs no one-size-fits-all answer. But there are some considerations that can help you figure out whatâs best for your situation. Before you apply for a new card, its important to understand how it might impact your credit. And taking into account things like … Read more